AMD
Advanced Micro Devices, Inc.
$479.28
▼ 2.0%Updated Aug 7, 11:30 AM ET
AMD at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 56/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 323.8% over the last 12 months
Market Cap
$844.36B
P/E
156.02x
Forward P/E (est.)
111.44x
ROE
8.1%
Revenue Growth
35.0%
EPS Growth
123.4%
Profit Margin
13.4%
FCF Yield
0.5%
Debt / Equity
0.05x
ROIC
5.0%
Interest Coverage
28.2x
Current Ratio
2.72x
Dividend Yield
0.0%
Implied Growth (rev. DCF)
8.1%
Rating Score
56/100
AMD has transformed into a credible data-center challenger, taking server CPU share from Intel and ramping Instinct GPUs as a second source for AI compute. Execution has been strong, though it remains a distant number two to NVIDIA in accelerators.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
48.3% average over the last 3 years
±7.8 pts around 42.0% across 10 years
grew in 8 of the last 9 year-over-year periods
positive in 8 of 10 years
5.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Institutional-style technical read — sample, educational only
Uptrend — price ($479.28) is above the 50-day ($460.38) and 200-day ($278.19) averages.
Setup type
Range / mean-reversion
Holding time
1–6 weeks
Risk level
High
Risk / reward
1 : 2.4
Trade levels
Entry zone
$437.23 – $479.28
Stop loss
$418.75
Target 1
$553.20
Target 2
$608.64
Target 3
$664.08
Position sizing: Starter position only; risk ≤ 0.5% of capital and respect the wider stop.
Technical analysis
RSI(14) is neutral (55); the MACD histogram is negative (downward momentum). Uptrend — price ($479.28) is above the 50-day ($460.38) and 200-day ($278.19) averages. ATR(14) is $36.96 (~7.7% of price), which sets the stop distance. Recent support sits near $437.23 and resistance near $584.73; the 52-week range is $133.50–$584.73.
Fundamental analysis
Revenue is growing at 35.0%, net margin near 13.4%, ROE roughly 8.1%; shares trade at 156x earnings. Quality score: 56/100.
Options flow
Live options-flow data needs a paid feed, so it isn't shown. For realized volatility, ATR of $36.96 (~7.7%/day) is the range to size stops and any option strikes around.
Volume analysis
The latest session traded 0.9× the 20-day average volume — roughly in line with normal activity.
Catalysts
The next quarterly earnings report is the main near-term catalyst. Technically, watch for a break and hold above $584.73 or a loss of $437.23.
Bullish scenario
Server CPU share gains against Intel continue.
Bearish scenario
A distant second to NVIDIA in AI accelerators and software.
Invalidation
A daily close below $418.75 invalidates this setup read.
Probability-based scenario using sample data — not a recommendation or a guarantee of profit. Prioritize capital preservation, use stops, and size positions for risk. Past performance does not predict future results.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AMD's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AMD trades near $479.28, above its 50-day average ($460.38) and 200-day average ($278.19). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 55 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. AMD's is $36.96 (~7.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month AMD found buyers near $437.23 (support) and sellers near $584.73 (resistance); its 52-week range is $133.50–$584.73. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
20.5%
Revenue grew from $4.32B in 2016 to $34.64B in 2025, a 26.0% CAGR. The most recent year grew about 35.0% year over year, a healthy pace pointing to durable demand.
Gross Margin
49.5%
Operating Margin
10.7%
Net Margin
12.5%
ROE
8.1%
Gross margin runs near 50.3% with operating margin around 11.7% and net margin near 13.4%. Return on equity of roughly 8.1% indicates moderate capital efficiency, and the margin profile has trended steady over the period shown.
Total Debt
$1.00M
Net Debt
-$5.58B
Net cash position
Net Debt / EBITDA
-1.51x
Debt / Equity
0.05x
Interest-bearing debt is about 1.0% of market capitalization and the debt-to-equity ratio is roughly 0.05x. Leverage is low, leaving the balance sheet well within comfortable limits.
Operating CF
$7.71B
Free Cash Flow
$6.74B
FCF Margin
19.4%
Operating cash flow comfortably exceeds reported net income, and free cash flow yield is around 0.5%. Cash generation is positive but partly absorbed by reinvestment and capital expenditure.
P/E
156.02x
P/S
23.88x
P/B
5.26x
EV / EBITDA
45x
Shares trade at roughly 156x trailing earnings (28x forward), 23.9x sales, and 45x EV/EBITDA. That is a premium multiple that prices in continued high growth — execution risk is elevated. Our internal rating is Neutral.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$171.04
Current price
$479.28
Starting FCF (latest 10-K)
$6.74B
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where AMD sits versus its Information Technology sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 98 Information Technology companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How AMD stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.
In the Information Technology sector (230 S&P 500 companies), AMD ranks #54 of 230 by our overall rating. It trades at a premium versus the sector on earnings (156x P/E vs. 38.9x median) with a lower return on equity (8.1% vs. 17.5%) and faster revenue growth (35.0% vs. 17.7%).
P/E vs sector
156x
median 38.9x
ROE vs sector
8.1%
median 17.5%
Growth vs sector
35.0%
median 17.7%
Sector rank
#54
of 230 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 230 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $479.28 today · expected CAGR 18% – 30%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $46.76B | $63.13B | $85.22B | $115.05B | $155.32B |
| Net income | $6.08B | $8.21B | $11.08B | $14.96B | $20.19B |
| EPS | $3.45 | $4.66 | $6.29 | $8.49 | $11.46 |
| Share price (low) | $324.36 | $437.89 | $591.15 | $798.06 | $1,077.38 |
| Share price (high) | $538.31 | $726.71 | $981.06 | $1,324.44 | $1,787.99 |
| CAGR (low–high) | -32% / 12% | -4% / 23% | 7% / 27% | 14% / 29% | 18% / 30% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
- Server CPU share gains against Intel continue.
- Instinct AI GPUs offer a credible second-source option.
- Strong product roadmap and execution.
- A distant second to NVIDIA in AI accelerators and software.
- Cyclical PC and gaming exposure.
- High valuation relative to current earnings.
- Competitive pressure from NVIDIA and Intel.
- Semiconductor cyclicality.
- AI-GPU adoption execution.
AMD is a growth-oriented share-gainer in compute, suited to investors who can tolerate semiconductor cyclicality and a premium multiple on rising earnings.
Analyst Ratings
What 58 Wall Street analysts covering AMD recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+6 pts of buy ratings).
Latest SEC Filings
AMD's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
AMD — frequently asked questions
Is AMD a good stock to buy?
We don't give buy or sell advice. Our model rates Advanced Micro Devices, Inc. Neutral (56/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is AMD's rating on The Stocks School?
Advanced Micro Devices, Inc. currently scores 56/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does AMD's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Advanced Micro Devices, Inc.'s SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for AMD calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this AMD analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell AMD. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.