AMD
Advanced Micro Devices, Inc.
AMD's fundamentals are strong: revenue grew 42% and its operating margin rose 9 points to 18%. At 127x earnings, it's trading above its usual 113x. Analysts expect that strong growth to continue, though they disagree widely on how much.
ARQQ
Arqit Quantum Inc.
There isn't enough reported data to score ARQQ yet.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
ARQQ Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Unavailable | |
| Unavailable | |
| Unavailable |
There isn't enough reported data to rate ARQQ's fundamentals.
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.
ARQQ PE Valuation
ARQQ 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 |
Analysts expect strong earnings and revenue growth for AMD, with profitability improving. However, they disagree widely on these estimates.
ARQQ Forward outlook
There aren't enough analyst estimates for ARQQ to show an outlook.
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's earnings per share have climbed steadily: $4.60 over the past year, up 127% from the year before, and higher year over year for 11 quarters in a row.
ARQQ Earnings Per Share
ARQQ and AMD do not have enough comparable growth data to identify a winner.
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's revenue has grown year over year for 13 quarters in a row: $13.4B last quarter, up 45% from the same quarter a year ago.
| 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's operating margin was 21% last quarter, up 7.4 points from the same quarter a year ago.
ARQQ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $623K | +830% |
| Q3 2025 | $463K | +166% |
| Q1 2025 | $67K | -44% |
| Q3 2024 | $174K | -72% |
| Q1 2024 | $119K | +526% |
| Q1 2023 | $19K | -100% |
ARQQ has the edge over AMD in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | -4962% | +9020 points |
| Q3 2025 | -4712% | +78 points |
| Q1 2025 | -23291% | +110204 points |
| Q3 2024 | -4628% | N/A |
| Q1 2024 | -13982% | -13710 points |
| Q3 2023 | -4791% | +149877 points |
| Q1 2023 | -133495% | N/A |
| Q1 2022 | -271% | N/A |
ARQQ's operating margin was −4962% last quarter, up 9020 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 generated $7.1B in free cash flow over the past year, up 30% from the year before.
ARQQ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$25.3M | -$12.8M |
| Q3 2025 | -$16.4M | -$4.9M |
| Q1 2025 | -$12.5M | +$10.2M |
| Q3 2024 | -$11.5M | +$12.2M |
| Q1 2024 | -$22.7M | -$13.1M |
| Q3 2023 | -$23.7M | -$8.6M |
| Q1 2023 | -$9.6M | +$17.1M |
| Q3 2022 | -$15.1M | -$8.9M |
ARQQ has burned cash in almost every quarter: −$66M over the past year, against −$71M the year before.
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 ARQQ 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.
ARQQ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +8.4% | +1.3M shares |
| 1 year | +223% | +11.4M shares |
| 3 years | +600% | +14.2M shares |
ARQQ has 17M diluted shares, up 223% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q3 2025 | — |
| Q1 2025 | — |
| Q1 2024 | — |
| Q3 2023 | — |
| Q1 2023 | — |
| Q3 2022 | — |
| Q1 2022 | — |
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.
ARQQ Net Leverage
ARQQ's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
ARQQ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 25.1 | Neutral |
ARQQ's weekly RSI is 43 (neutral) and its Stochastic is 25 (neutral).
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.
ARQQ PE vs Technology Sector
| Metric | ARQQ | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
ARQQ 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 ARQQ on trend strength, trading above more of its moving averages.
ARQQ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.9 | 17% below |
| 20 week MA | $19.4 | 23% below |
| 50 week MA | $19.0 | 22% below |
| 100 week MA | $23.6 | 37% below |
| 200 week MA | $21.1 | 30% below |
ARQQ is in a downtrend: it's below all five of its weekly moving averages, and 30% below 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 ARQQ on returns for 2026, with the stronger performance.
ARQQ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $240.0 | $624.8 | +160% |
| 2022 | $624.8 | $105.0 | -83% |
| 2023 | $105.0 | $11.9 | -89% |
| 2024 | $11.9 | $42.7 | +260% |
| 2025 | $42.7 | $22.8 | -47% |
| 2026 YTD | $22.8 | $14.9 | -35% |
ARQQ's yearly returns have swung widely, from +260% in 2024 to −89% in 2023. It's down 35% so far in 2026.