AMD
Advanced Micro Devices, Inc.
AMD has the edge over BB overall, supported by stronger modeled upside and lower modeled downside.
BB
BlackBerry Limited
BB's outlook is improving, though it still trails on the overall score.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
BB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
BB's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
BB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 43x | $9.12 | — |
| Cheap | 69x | $8.91 | -2.3% |
| Current | 70x | $9.12 | — |
| Fair | 92x | $12.00 | +32% |
| Expensive | 115x | $14.99 | +64% |
Historical ranges are pointers, not guarantees.
BB has the edge over AMD in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
BB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BB, with profitability improving.
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.
BB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.21 | +64% |
| Q3 2026 | $0.13 | +$0.14 |
| Q2 2026 | $0.10 | +$0.16 |
| Q1 2026 | $0.09 | +$0.22 |
| Q4 2025 | $0.03 | +$0.23 |
| Q3 2025 | -$0.01 | +$0.22 |
| Q2 2025 | -$0.06 | +$0.21 |
| Q1 2025 | -$0.13 | +$0.09 |
| Q4 2024 | -$0.20 | +$0.75 |
BB has returned to profit: it earned $0.13 per share over the past year, after losing money the year before.
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 BB 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 BB on profitability, with a higher operating margin.
BB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $163.3M | +26% |
| Q2 2026 | $152.9M | +26% |
| Q1 2026 | $156M | +8.4% |
| Q4 2025 | $141.8M | -0.8% |
| Q3 2025 | $129.6M | -11% |
| Q2 2025 | $121.7M | -15% |
| Q1 2025 | $143.9M | -17% |
| Q4 2024 | $143M | -18% |
BB's revenue is recovering but still below its 2023 peak: $163M last quarter, up 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +12 points |
| Q2 2026 | 10% | +8.4 points |
| Q1 2026 | 15% | +19 points |
| Q4 2025 | 8.4% | -4.9 points |
| Q3 2025 | 8.9% | +23 points |
| Q2 2025 | 1.6% | +29 points |
| Q1 2025 | -4.3% | +28 points |
| Q4 2024 | 13% | +20 points |
BB's operating margin was 21% last quarter, up 12 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.
BB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28.1M | +806% |
| Q2 2026 | $1.7M | +$20.6M |
| Q1 2026 | $44.9M | +8.5% |
| Q4 2025 | $17.4M | +480% |
| Q3 2025 | $3.1M | +$18.1M |
| Q2 2025 | -$18.9M | -$2.9M |
| Q1 2025 | $41.4M | +$58.4M |
| Q4 2024 | $3M | +$36M |
BB has the edge over AMD on cash flow, with more consistent year-over-year improvement.
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 BB 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.
BB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.5% | +56.5M shares |
| 1 year | +8.8% | +52.3M shares |
| 3 years | +11% | +66.1M shares |
| 5 years | +15% | +82.3M shares |
| Available history | +17% | +93M shares |
BB has 650M diluted shares, up 8.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $10M |
| Q1 2026 | $26.7M |
| Q4 2025 | $4M |
| Q3 2025 | $20M |
| Q2 2025 | $10M |
| Q1 2020 | — |
BB spent $41M buying back its own shares over the past year.
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.
BB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.7x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -1.8x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q4 2022 | -7.5x | Net Cash |
| Q3 2022 | -4.2x | Net Cash |
BB has more cash than debt.
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).
BB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.5 | Neutral |
| Stochastic | 56.1 | Neutral |
BB's weekly RSI is 57 (neutral) and its Stochastic is 56 (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.
BB PE vs Technology Sector
| Metric | BB | Sector median | Relative |
|---|---|---|---|
| PE | 70x | 28x | 152% above |
| PE % | 22 | 35 | 13 pts below |
BB has the edge over AMD on valuation relative to its sector.
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 is in an uptrend: it's above all five of its weekly moving averages, and 193% above its 200-week average.
BB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.71 | 4.7% above |
| 20 week MA | $8.78 | 3.9% above |
| 50 week MA | $6.57 | 39% above |
| 100 week MA | $5.35 | 70% above |
| 200 week MA | $4.43 | 106% above |
BB is in an uptrend: it's above all five of its weekly moving averages, and 106% 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 BB on returns for 2026, with the stronger performance.
BB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.45 | $7.06 | +9.5% |
| 2021 | $7.06 | $9.48 | +34% |
| 2022 | $9.48 | $3.40 | -64% |
| 2023 | $3.40 | $3.54 | +4.1% |
| 2024 | $3.54 | $3.91 | +10% |
| 2025 | $3.91 | $3.97 | +1.5% |
| 2026 YTD | $3.97 | $9.12 | +130% |
BB has finished higher in five of the last six years. It's up 130% so far in 2026.