AI EQUITY RESEARCH July 02, 2026 Applied Materials, Inc. AMAT Technology Rating Sell Price $650.91 Target $208.13 Pitroski Score 5 Market Cap $207.13B P/E (Fwd) 29.6x P/B Ratio 10.15x ROE 35.5% Div. Yield 0.69% 52W Range $155.56 - $723.00