Reading the tape
NASDAQ: AMD
Advanced Micro Devices, Inc.
Technology · Semiconductors
Market Cap
$587.83B
52w High
$362.79
52w Low
$96.88
P/E
135.57
Volume
31.63M
Outstanding Shares
1.63B
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 273.04%Revenue (TTM): 34.34%FCF (TTM): 180.04%P/FCF: 68th pct
What changed
The stock rose 273.04% over the last year. Revenue grew 34.34% over the trailing twelve months. Operating margin moved from 7.37% to 10.67%. Free cash flow grew 180.04% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (68th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 10.67% — continued expansion would be needed to justify the premium. Revenue growth of 34.34% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide.
CEOLisa T. Su
SectorTechnology
IndustrySemiconductors
Employees28,000
IPO dateSep 7, 1972
Valuation
Forward P/E—
EV/EBITDA47.85
Enterprise value$348.08B
Stock splits
Aug 22, 2000↑ Forward
Every 1 shares became 2
Aug 23, 1983↑ Forward
Every 1 shares became 2
Oct 28, 1982↑ Forward
Every 2 shares became 3
Oct 24, 1980↑ Forward
Every 1 shares became 2
Sep 18, 1979↑ Forward
Every 2 shares became 3
Sep 19, 1978↑ Forward
Every 1000 shares became 1499
Profitability & growth
Revenue growth34.11%
Gross margin49.52%▲0.34%vs FY2024
Operating margin10.67%▲44.73%vs FY2024
ROE6.88%▲141.39%vs FY2024
Analyst consensus
RatingBuy
Target price$310.86▼13.78%
47
Buy
23
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $1.30 · Revenue est $9.88B
View
Congressional Activity
Congress Trades in AMD
STOCK Act disclosures from senators and representatives.
Gilbert Cisneros
CAhouseDemocratSale2026-03-13$1,001 - $15,000+26d to disclose
Thomas Suozzi
NYhouseDemocratSale2026-02-18$1,001 - $15,000+28d to disclose