[2026년 08월 재분석] Applied Materials AMAT 22% Pullback Into Q3 Earnings: Why the $700 Base Case Round-Tripped and Where the Risk/Reward Resets at $539
Applied Materials (AMAT) reanalysis: after a 22% pullback to $539 into Aug 13 Q3 earnings, forward P/E compressed to 31.5x — a reset risk/reward for holders.