AMD
Advanced Micro Devices, Inc.
AMD has the edge over APPS overall, supported by lower modeled downside and stronger fundamentals.
APPS
Digital Turbine, Inc.
APPS trails on the overall score without a compensating advantage in the available component scores.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
APPS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Unavailable | |
| Stable |
APPS's revenue is currently strong, and its profitability and balance sheet are stable. There isn't enough data to rate its cash flow.
AMD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 39x | $585 | — |
| Cheap | 40x | $182 | -69% |
| Fair | 112x | $514 | -12% |
| Current | 127x | $585 | — |
| Expensive | 206x | $947 | +62% |
Historical ranges are pointers, not guarantees.
AMD's PE is in its fair range at 127x. If earnings grow as analysts expect, today's price would be 39x next year's earnings, in its cheap range.
APPS PE Valuation
APPS has no meaningful PE right now: it lost money over the past year.
AMD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Low |
AMD has the edge over APPS on the outlook, with more favorable profitability expectations.
APPS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for APPS, but weaker profitability. However, they disagree widely on these estimates.
AMD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.05 | +227% |
| Q3 2026 | $4.60 | +127% |
| Q2 2026 | $3.89 | +122% |
| Q1 2026 | $3.05 | +123% |
| Q4 2025 | $2.65 | +165% |
| Q3 2025 | $2.03 | +81% |
| Q2 2025 | $1.75 | +111% |
| Q1 2025 | $1.37 | +99% |
| Q4 2024 | $1.00 | +89% |
AMD has the edge over APPS on earnings quality, reporting a profit while its opponent remains loss making.
APPS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.71 | — |
| Q3 2026 | -$0.03 | +$0.70 |
| Q2 2026 | -$0.29 | +$0.48 |
| Q1 2026 | -$0.33 | +$0.56 |
| Q4 2025 | -$0.48 | +$2.56 |
| Q3 2025 | -$0.73 | +$2.23 |
| Q2 2025 | -$0.77 | +$3.56 |
| Q1 2025 | -$0.89 | +$3.27 |
| Q4 2024 | -$3.04 | -$1.07 |
APPS is still losing money, but far less than before: $0.03 per share over the past year, against $4.33 at its worst in mid-2024.
AMD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $13.4B | +45% |
| Q2 2026 | $11.5B | +50% |
| Q1 2026 | $10.3B | +38% |
| Q4 2025 | $10.3B | +34% |
| Q3 2025 | $9.2B | +36% |
| Q2 2025 | $7.7B | +32% |
| Q1 2025 | $7.4B | +36% |
| Q4 2024 | $7.7B | +24% |
AMD has the edge over APPS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +7.4 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 14% | +3.6 points |
| Q4 2025 | 17% | +5.7 points |
| Q3 2025 | 14% | +3.1 points |
| Q2 2025 | -1.7% | -6.4 points |
| Q1 2025 | 11% | +10 points |
| Q4 2024 | 11% | +5.8 points |
AMD has the edge over APPS on profitability, with a higher operating margin.
APPS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $178.7M | +27% |
| Q2 2026 | $166M | +27% |
| Q1 2026 | $142.5M | +20% |
| Q4 2025 | $151.4M | +12% |
| Q3 2025 | $140.4M | +18% |
| Q2 2025 | $130.9M | +11% |
| Q1 2025 | $119.2M | +6.2% |
| Q4 2024 | $134.6M | -5.6% |
APPS's revenue is recovering but still below its 2021 peak: $179M last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +6.7 points |
| Q2 2026 | 14% | +17 points |
| Q1 2026 | 7.4% | +17 points |
| Q4 2025 | 14% | +24 points |
| Q3 2025 | 4.7% | +16 points |
| Q2 2025 | -3.6% | +10 points |
| Q1 2025 | -9.8% | +175 points |
| Q4 2024 | -9.5% | -3 points |
APPS's operating margin was 11% last quarter, up 6.7 points from the same quarter a year ago.
AMD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $554M | -71% |
| Q2 2026 | $1.6B | -9.9% |
| Q1 2026 | $2.6B | +253% |
| Q4 2025 | $2.4B | +118% |
| Q3 2025 | $1.9B | +283% |
| Q2 2025 | $1.7B | +294% |
| Q1 2025 | $727M | +92% |
| Q4 2024 | $1.1B | +351% |
AMD has the stronger cash trend. Its trailing FCF is up 128% versus its history, compared with APPS at down 15%.
APPS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10M | -31% |
| Q2 2026 | $11.2M | +27% |
| Q4 2025 | $14.2M | +36% |
| Q3 2025 | $14.5M | +$23.2M |
| Q2 2025 | $8.8M | +$10.1M |
| Q1 2025 | $11.5M | +$23.3M |
| Q4 2024 | $10.4M | -10% |
| Q3 2024 | -$8.7M | -132% |
APPS still generates free cash flow, though less than at its 2022 peak: $50M over the past year.
AMD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +2M shares |
| 1 year | +1.2% | +20M shares |
| 3 years | +2% | +32M shares |
| 5 years | +35% | +431M shares |
| Available history | +40% | +473M shares |
AMD has the edge over APPS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $221M |
| Q4 2025 | — |
| Q3 2025 | $89M |
| Q2 2025 | $478M |
| Q1 2025 | $749M |
| Q4 2024 | $256M |
AMD has spent almost nothing on buybacks in the past year.
APPS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.1% | +8.6M shares |
| 1 year | +18% | +20.1M shares |
| 3 years | +28% | +28.6M shares |
| 5 years | +34% | +33.1M shares |
| Available history | +40% | +36.8M shares |
APPS has 129M diluted shares, up 18% from a year ago.
AMD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2020 | -1.0x | Net Cash |
| Q1 2020 | -0.8x | Net Cash |
| Q4 2019 | -1.2x | Net Cash |
AMD has more cash than debt.
APPS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.5x | Elevated |
| Q3 2025 | 6.1x | High |
| Q2 2025 | 8.6x | High |
| Q1 2025 | 12.8x | High |
| Q2 2023 | 3.5x | Elevated |
APPS's net debt is about 2.1 years of its operating earnings (EBITDA), down from 6.1 years a year ago.
AMD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 41.4 | Neutral |
AMD's weekly RSI is 59 (neutral) and its Stochastic is 41 (neutral).
APPS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 16.4 | Oversold |
APPS's weekly RSI is 44 (neutral) and its Stochastic is 16 (oversold).
AMD PE vs Technology Sector
| Metric | AMD | Sector median | Relative |
|---|---|---|---|
| PE | 127x | 28x | 357% above |
| PE % | 61 | 35 | 26 pts above |
AMD is trading at 127x earnings, a 357% premium to the Technology sector's median of 28x.
APPS PE vs Technology Sector
| Metric | APPS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
APPS has no meaningful PE right now: it lost money over the past year.
AMD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $557.2 | 5.1% above |
| 20 week MA | $525.9 | 11% above |
| 50 week MA | $389.7 | 50% above |
| 100 week MA | $266.9 | 119% above |
| 200 week MA | $199.6 | 193% above |
AMD has the edge over APPS on trend strength, trading above more of its moving averages.
APPS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.84 | 26% below |
| 20 week MA | $10.4 | 30% below |
| 50 week MA | $7.22 | 1.1% above |
| 100 week MA | $5.77 | 27% above |
| 200 week MA | $5.92 | 23% above |
APPS has slipped below its 8- and 20-week averages, though it's still 23% above its 200-week average.
AMD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $46.2 | $91.8 | +99% |
| 2021 | $91.8 | $146.1 | +59% |
| 2022 | $146.1 | $64.5 | -56% |
| 2023 | $64.5 | $147.4 | +128% |
| 2024 | $147.4 | $125.2 | -15% |
| 2025 | $125.2 | $215.0 | +72% |
| 2026 YTD | $215.0 | $585.3 | +172% |
AMD has the edge over APPS on returns for 2026, with the stronger performance.
APPS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.40 | $58.6 | +692% |
| 2021 | $58.6 | $62.2 | +6.1% |
| 2022 | $62.2 | $14.1 | -77% |
| 2023 | $14.1 | $6.86 | -51% |
| 2024 | $6.86 | $1.86 | -73% |
| 2025 | $1.86 | $5.22 | +181% |
| 2026 YTD | $5.22 | $7.30 | +40% |
APPS's yearly returns have swung widely, from +692% in 2020 to −77% in 2022. It's up 40% so far in 2026.