Mostly Markets

AMDAMD

Semiconductors · Santa Clara, California · In the S&P 500
Solid businessPricier than peers
$504.80−10.88%After hours: $508.22 (+0.68%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 91.0% over 1 year
AMD over 1 yearDaily close, $, to 30 Oct 2026
$200$400$600Nov2026MarMayJulSep$504.80$200$400$600NovMarJul$504.80
Source: Nasdaq daily closes
Market value$824B
Price to earnings128.8x
Forward P/E44.8x
Dividend yield–
Year to date+135.7%
One year+91.0%
Next earningsTue 3 Nov, after the close
52-week range (closes)
$190.95$649.42

Quality and valuation

How AMD compares with other information technology stocks. A description, not a recommendation.

AMD and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

AMD trades at 44.8 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +39.5% vs +20.6%
  • Keeps less of each sale (gross margin): 53.2% vs 61.5%
  • Less profitable (operating margin): 15.7% vs 17.0%
  • Turns less of its sales into cash: 20.3% vs 21.7%
AMD trades at 44.8x forward earnings, above the sector medianForward p/e, Semiconductors peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 129.8x earnings, AMD is pricier than its average since Jul 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
100x150x200xAverage 124.1x20252026129.8x100x150x200xAverage 124.1x20252026129.8x
Source: Nasdaq prices; SEC filings

Financials

From AMD's SEC filings, through the quarter ending 27 Jun 2026. Hover or tap a bar for its value.

Revenue grew 50.1% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$11.5bnQ2 ’26$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$11.5bnQ2 ’26
Source: SEC filings
Growth sped up to +50.1% last quarterRevenue growth, year on year, %
0%20%40%Q3 ’24Q1 ’25Q3 ’2550.1%Q2 ’260%20%40%Q3 ’24Q1 ’25Q3 ’2550.1%Q2 ’26
Source: SEC filings
Operating margin was 17.3% last quarterOperating income as a share of revenue, %
0%5%10%15%Q3 ’24Q1 ’25Q3 ’2517.3%Q2 ’260%10%Q3 ’24Q1 ’25Q3 ’2517.3%Q2 ’26
Source: SEC filings
Free cash flow was $8.4 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$1.6bnQ2 ’26$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$1.6bnQ2 ’26
Source: SEC filings
Last 12 monthsAMDSector median
Revenue growth+39.5%+20.6%
Gross margin53.2%61.5%
Operating margin15.7%17.0%
Free cash flow margin20.3%21.7%
Price to earnings128.8x33.1x

Stories on AMD

Friday, 30 October
Why it moved

AMD, Arm and Qualcomm Shares Slide After Intel's Forecast: What Happened

AMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.

AMD▼ 12.8%
Three computer chips sliding down an icy slope
Thursday, 29 October
Earnings preview

AMD (AMD) Reports Earnings on Tuesday: What to Watch

AMD reports after the close on Tuesday, 3 November. Analysts expect revenue of about $13.1 billion, up 41%, and its forecast for the quarter when its Helios AI racks ramp up may matter more.

AMD▼ 2.1%
Inside a chip factory's cleanroom

Similar companies

Semiconductors, by market value.

CompanyPriceTodayYTDValue
NVDANvidia$204.64−4.22%+9.7%$4.93T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
INTCIntel$65.76−28.58%+78.2%$348B
TXNTexas Instruments$300.84−3.40%+73.4%$275B
ARMArm Holdings$205.97−9.97%+88.4%$220B
ADIAnalog Devices$417.11−3.73%+53.8%$202B