AMD
Advanced Micro Devices, Inc.
AMD has the edge over BELFB overall, supported by stronger fundamentals and stronger modeled upside.
BELFB
Bel Fuse Inc.
BELFB'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.
BELFB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
BELFB'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.
BELFB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.4x | N/A | N/A |
| Fair | 11x | N/A | N/A |
| Forward | 19x | $233 | — |
| Expensive | 25x | N/A | N/A |
| Current | 48x | $233 | — |
Historical ranges are pointers, not guarantees.
BELFB's PE is 48x, but its earnings don't support one, so it isn't a reliable read right now.
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.
BELFB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for BELFB, 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.
BELFB Earnings Per Share
BELFB 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 has the edge over BELFB on sales, with stronger typical year-over-year growth.
| 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 BELFB on profitability, with a higher operating margin.
BELFB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $220.5M | +23% |
| Q2 2026 | $210.7M | +25% |
| Q1 2026 | $178.5M | +17% |
| Q4 2025 | $175.9M | +17% |
| Q3 2025 | $179M | +45% |
| Q2 2025 | $168.3M | +26% |
| Q1 2025 | $152.2M | +19% |
| Q4 2024 | $149.9M | +7% |
BELFB's revenue has grown year over year for eight quarters in a row: $221M last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | +1 points |
| Q2 2026 | 18% | +0.5 points |
| Q1 2026 | 13% | -3.2 points |
| Q4 2025 | 15% | +6.4 points |
| Q3 2025 | 17% | +7.7 points |
| Q2 2025 | 18% | +0.8 points |
| Q1 2025 | 16% | +2.5 points |
| Q4 2024 | 8.3% | -3.5 points |
BELFB's operating margin was 18% last quarter, up 1 points from the same quarter a year ago, near the top of its range since 2019.
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 edge over BELFB on cash flow, with more consistent year-over-year improvement.
BELFB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28M | +38% |
| Q2 2026 | $15.7M | -6.6% |
| Q1 2026 | $11.2M | +109% |
| Q4 2025 | $26.1M | +1121% |
| Q3 2025 | $20.3M | -14% |
| Q2 2025 | $16.8M | -46% |
| Q1 2025 | $5.4M | +66% |
| Q4 2024 | $2.1M | -91% |
BELFB generated $81M in free cash flow over the past year, up 82% from 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 BELFB 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.
BELFB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +652 shares |
| 1 year | +14% | +1.8M shares |
| 3 years | +13% | +1.7M shares |
| 5 years | +16% | +2M shares |
| Available history | +18% | +2.2M shares |
BELFB has 14M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $1.9M |
| Q2 2024 | $7.9M |
| Q1 2024 | $6.3M |
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.
BELFB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.2x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.7x | Moderate |
BELFB 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).
BELFB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.0 | Neutral |
| Stochastic | 29.3 | Neutral |
BELFB's weekly RSI is 48 (neutral) and its Stochastic is 29 (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.
BELFB PE vs Technology Sector
| Metric | BELFB | Sector median | Relative |
|---|---|---|---|
| PE | 48x | 28x | 71% above |
| PE % | 87 | 35 | 52 pts above |
BELFB 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 has the edge over BELFB on trend strength, trading above more of its moving averages.
BELFB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $229.9 | 1.6% above |
| 20 week MA | $250.8 | 6.9% below |
| 50 week MA | $238.0 | 1.9% below |
| 100 week MA | $170.8 | 37% above |
| 200 week MA | $114.2 | 104% above |
BELFB's trend is mixed: it's above three of its five weekly moving averages, and 104% 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 BELFB on returns for 2026, with the stronger performance.
BELFB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.3 | $15.7 | -23% |
| 2021 | $15.7 | $12.6 | -19% |
| 2022 | $12.6 | $33.1 | +161% |
| 2023 | $33.1 | $66.8 | +102% |
| 2024 | $66.8 | $81.5 | +22% |
| 2025 | $81.5 | $176.5 | +117% |
| 2026 YTD | $176.5 | $233.5 | +32% |
BELFB has finished higher in four of the last six years, three of them by more than 50%. It's up 32% so far in 2026.