Advanced Micro Devices, Inc. (AMD) AI Stock Analysis

Advanced Micro Devices, Inc. (AMD) operates globally as a semiconductor company specializing in four segments: Data Center, Client, Gaming, and Embedded. Its product portfolio includes x86 microprocessors, graphics processing units (GPUs), accelerated processing units (APUs), chipsets, professional GPUs, and semi-custom system-on-chip (SoC) products. The company also delivers FPGA products, adaptive SoCs, and Alveo acceleration boards under brands like AMD Ryzen, Ryzen PRO, Radeon graphics, Radeon Pro, and EPYC. AMD serves original equipment manufacturers, public cloud service providers, system integrators, and retailers through direct sales, distributors, and representatives.

AMD generated a 5-year revenue CAGR of 28.8% from FY2020 to FY2025. Annual revenue expanded from $16.43B in FY2021 to $23.60B in FY2022, declined 3.9% to $22.68B in FY2023, and rebounded to $25.79B in FY2024. In FY2025, revenue grew 34.3% to $34.64B, with gross margin reaching 49.5%, operating margin rising to 10.7%, and net income totaling $4.33B. For the trailing twelve months ended June 30, 2026, revenue stood at $41.31B with an operating margin of 17.2% and EPS of $3.92. In the latest quarter ended June 30, 2026, quarterly revenue grew 50.1% year-over-year, while quarterly earnings grew 159.5%.

As of June 30, 2026, AMD held $13.11B in cash and short-term investments against total debt of $4.28B, yielding net cash of $8.84B. Shareholders' equity was $67.22B, total assets were $84.46B, and the current ratio stood at 2.61 with a debt-to-equity ratio of 0.06. In FY2025, operating cash flow reached $7.71B and free cash flow was $6.74B. Capital expenditures totaled $1.01B, while share buybacks absorbed $1.32B during FY2025. Over five years, AMD's share count increased 35.4%.

AMD carries a market cap of $863.17B and an enterprise value of $994.50B. Its trailing P/E ratio is 134.9x, compared to 42.1x for the median of its Nasdaq-100 Technology peers. Forward P/E stands at 39.5x against the peer median of 25.1x, and price-to-sales is 20.9x versus 11.9x for peers. Over the past year, AMD shares returned 125.4%, compared to 16.8% for the S&P 500 (SPY). Over five years, AMD returned 371.6% versus 83.0% for the index.

Analyst ratings on AMD include 39 Strong Buy, 5 Buy, and 11 Hold recommendations, with no Sell or Strong Sell ratings. The mean price target is $627.65, representing 18.7% upside relative to the last close of $528.75. AMD has beaten EPS estimates in each of the last 4 quarters. For the current fiscal year ending December 31, 2026, analysts estimate EPS of $7.59 on revenue of $50.95B. For the next fiscal year, 50 analysts estimate revenue will reach $89.05B. The next earnings date is November 3, 2026.

This page is an AI-written research summary of Advanced Micro Devices, Inc. (AMD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AMD income statement, AMD balance sheet, AMD key metrics, AMD analyst forecast, AMD chart. See the AMD stock overview for the latest quote and news.