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AMD

Advanced Micro Devices, Inc.

AMD

NASDAQ·Technology·Semiconductors·Mkt cap $778.7B

$477.57

+4.69%

P/E

121.52

Mkt Cap

$778.7B

52-Wk Range

$149.22–$584.73

52-Week Range

$149.22 - $584.73

P/E

121.52

Fwd P/E

62.59

Beta

2.48

Div Yield

0.00%

Avg Vol

29.9M

Shares Out

1.6B

Mkt Cap

$778.7B

Price action

Price chart

Up 215.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Advanced x86 processor architecture and manufacturing partnerships enabling competitive performance-per-watt
  • Integrated CPU-GPU solutions providing unique advantages in AI, machine learning, and high-performance computing workloads
  • Strong brand recognition and customer loyalty in gaming, professional graphics, and enterprise segments
  • Diversified revenue streams across consumer, enterprise, and embedded markets reducing dependency on single segments

Bear Case

2 risks

  • High volatility (beta 2.5). Larger-than-normal price swings expected.
  • Growth premium of 1.2x vs AI Accelerators & GPUs peers. Reasonable for this growth rate.

Growth

Moderate growth ahead

Accelerating AI and machine learning adoption driving demand for high-performance data center processors and accelerators

Value

Growth premium of 1.2x vs AI Accelerators & GPUs peers. Reasonable for this growth rate.

Momentum

Stable

-2.6% over 3m

Quality

Strong

High-growth business (40% revenue growth, 53% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $1.66 vs $1.62 consensus (+2.5% surprise). Revenue of $11.5B vs $11.3B expected (+2.0%). Beat on both top and bottom lines.

EPS beat +2.5%
Rev beat +2.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+2.5%

Revenue trend · last 8Q

+24%

+36%

+32%

+36%

+34%

+38%

+50%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$6.8B

$7.7B

$7.4B

$7.7B

$9.2B

$10.3B

$10.3B

$11.5B

Margins · last 8Q

Gross

53.8%

Operating

17.3%

Profit

19.9%

Wall Street consensus

31 analysts · 68% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

21

68%

Hold

4

13%

Sell

6

19%

Median Price Target

$700.00

+46.6% vs $477.57

Low $700.00
Median $700.00
High $700.00

Latest: Jefferies · Aug 28, 2026

1 analyst covering

vs Industry

How AMD stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.