Advanced Micro Devices Inc.

Advanced Micro Devices Inc.

AMD

Get informed when a big investor buys or sells

+ Follow
Market Cap$876.24B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Advanced Micro Devices Inc.Advanced Micro Devices Inc.174.5-8%23.60.1

Earnings Call Q1 2026

May 5, 2026 - AI Summary

Strong Q1 results = clear inflection toward AI-driven Data Center growth - Revenue: $10.3B, +38% YoY (above high end of guidance); gross margin 55% (+170 bps YoY). - Earnings: diluted EPS $1.37, +43% YoY; operating margin 25%. - Cash flow: Free cash flow $2.6B, >3x YoY to a record; generated $3.0B cash from continuing ops. - Mix/driver: growth was broad-based, led by Data Center +57% YoY; management called out a structural shift where Data Center is now the primary driver.
Business segment highlights (what’s working) - Data Center: $5.8B revenue, +57% YoY, +7% sequentially; operating income $1.6B (28% margin). - Server CPUs: “fourth consecutive quarter of record server CPU revenue,” >50% YoY, with share gains tied to ramping 5th-gen EPYC Turin and strength of 4th-gen EPYC across workloads. - Data Center AI: Instinct adoption accelerating; management noted inferencing/Agentic AI drive CPU compute plus accelerator deployments. - Client & Gaming: $3.6B, +23% YoY; operating income $575M (16% margin). - Client $2.9B, +26% YoY (Ryzen/Pro strength); Gaming $720M, +11% YoY but down 15% sequentially. - Embedded: $873M, +6% YoY; return to growth after prior softness; operating income margin ~39%.
Major outlook/forecasts for Q2 2026 (what AMD expects next) - Revenue forecast: ~$11.2B ± $300M → +46% YoY at midpoint. - Sequential growth: expected ~+9% (double-digit growth in Data Center and Embedded, modest in Client/Gaming). - Margins/OpEx: non-GAAP gross margin ~56%; non-GAAP OpEx ~ $3.3B. - EPS drivers implied: the company reiterated strong operating leverage. - Guidance theme: continued Data Center ramp plus margin-supporting mix, tempered by seasonality and gaming/cycle dynamics.

Exclusive for Stockcircle Pro members

Sign upSign Up
$452.68

Target Price by Analysts

12.9% downsideAdvanced Micro Devices Target Price DetailsTarget Price
$48.67

Current Fair Value

90.6% downside

Overvalued by 90.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$876.24 Billion
Enterprise Value$874.52 Billion
Dividend Yield$- (-)
Earnings per Share$2.67
Beta2.49
Outstanding Shares1,631,000,000

Return

Return on Equity7.74%ROE
Return on Assets6.27%
Return on Invested Capital7.10%

Valuation & Multiples

P/E Ratio174.47P/E Ratio
PEG188.28PEG
Price to Sales23.63Price to Sales
Price to Book Ratio13.33Price to Book Ratio
Enterprise Value to Revenue23.35
Enterprise Value to EBIT178.11
Enterprise Value to Net Income175
Total Debt to Enterprise0
Debt to Equity0.06Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$1.29
Average shareholder expectation
Revenue Estimate
$9.90 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 4, 2026
EPS Estimate
$1.60
Average shareholder expectation
Revenue Estimate
$11.25 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.5392 23.59%
Total Calls84,774,389 9.52%
Total Puts130,485,067 6.85%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %65.85% 1.15%
Total Invested$249.46B 7.07%
Investors Holding3,343 33.00%

ESG Score

No data

About Advanced Micro Devices Inc.

11,400 employees
CEO: Lisa Su

Advanced Micro Devices, Inc. is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While it initially manufactu...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical expertise for all tax legislation, directly influencing corporate tax structures and capital investment incentives that impact AMD's profitability and R&D decisions.

Finance

This committee controls taxation and trade policy, which directly impacts AMD's corporate tax burden, R&D credits, and global supply chain costs (e.g., tariffs, export controls).

Appropriations

This committee directly allocates federal spending, determining the precise funding for defense programs, scientific research, and government infrastructure that can directly translate into contracts or grants for AMD's products.

Judiciary

This committee's oversight of antitrust laws directly affects competition in the semiconductor market (e.g., against Intel, Nvidia), and its role in intellectual property protection is crucial for a fabless chip designer like AMD.

Armed Services

This committee oversees the Department of Defense and authorizes the NDAA, directly influencing funding for military technologies, high-performance computing, and AI applications where AMD's chips are critical.

Select Committee on Intelligence

Members receive classified briefings on global threats, which could include supply chain vulnerabilities or geopolitical developments directly impacting the critical semiconductor industry.

Foreign Relations

As a global semiconductor company, AMD is highly susceptible to U.S. foreign policy, trade relations, export controls, and sanctions which can impact supply chains, market access, and international sales.