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.
BKKT
Bakkt Holdings, Inc.
There isn't enough reported data to score BKKT yet.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
BKKT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Unavailable | |
| Unavailable |
BKKT's revenue is currently healthy, but its profitability is under pressure. There isn't enough data to rate its cash flow and balance sheet.
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.
BKKT PE Valuation
BKKT has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 24x next year's earnings.
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.
BKKT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect BKKT to return to profit, with revenue growing.
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 BKKT on earnings quality, reporting a profit while its opponent remains loss making.
BKKT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q3 2026 | -$4.85 | +$0.32 |
| Q2 2026 | -$6.31 | -$1.84 |
| Q1 2026 | -$10.41 | -$5.43 |
| Q4 2025 | -$8.87 | -$0.90 |
| Q3 2025 | -$5.17 | +$7.06 |
| Q2 2025 | -$4.47 | +$12.06 |
| Q1 2025 | -$4.98 | +$13.63 |
| Q4 2024 | -$7.97 | +$13.03 |
BKKT is still losing money, but far less than before: $4.85 per share over the past year, against $207.25 at its worst in mid-2023.
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 stronger quarterly revenue trend. Revenue is up 45% for AMD versus up 13% for BKKT.
| 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.
BKKT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2025 | $577.9M | +13% |
| Q1 2025 | $1.1B | +26% |
| Q4 2024 | $1.8B | +738% |
| Q3 2024 | $328.4M | +60% |
| Q2 2024 | $509.9M | +47% |
| Q1 2024 | $854.6M | +6481% |
| Q4 2023 | $214.5M | +1275% |
| Q3 2023 | $204.8M | +1492% |
BKKT's revenue has grown year over year every quarter since late 2021: $578M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2025 | -3.2% | +1.1 points |
| Q1 2025 | -1.7% | +2 points |
| Q4 2024 | -0.7% | +36 points |
| Q3 2024 | -8.3% | +18 points |
| Q2 2024 | -4.3% | +10 points |
| Q1 2024 | -3.7% | +346 points |
| Q4 2023 | -37% | +2091 points |
| Q3 2023 | -26% | +12376 points |
BKKT's operating margin was −3.2% last quarter, up 1.1 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 edge over BKKT on cash generation, producing positive trailing cash flow while its opponent burns cash.
BKKT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$17.9M | +$28.7M |
| Q2 2026 | -$14.8M | -378% |
| Q1 2026 | -$12.1M | +$89.3M |
| Q4 2025 | -$10.8M | -135% |
| Q3 2025 | -$46.7M | -$21M |
| Q2 2025 | $5.3M | +$71.7M |
| Q1 2025 | -$101.4M | -377% |
| Q4 2024 | $31.1M | +$39.4M |
BKKT has burned cash in most quarters: −$56M over the past year, against −$112M 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 BKKT 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.
BKKT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +10% | +4.3M shares |
| 1 year | +573% | +39.1M shares |
| 3 years | +1179% | +42.4M shares |
BKKT has 46M diluted shares, up 573% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $49,000 |
| Q2 2026 | $49,000 |
| Q1 2026 | $280,000 |
| Q3 2025 | $1.7M |
| Q2 2025 | $806,000 |
| Q1 2025 | $906,000 |
| Q4 2024 | $260,000 |
| Q3 2024 | $112,000 |
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.
BKKT Net Leverage
BKKT'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).
BKKT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.3 | Neutral |
| Stochastic | 4.4 | Oversold |
BKKT's weekly RSI is 31 (neutral) and its Stochastic is 4 (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.
BKKT PE vs Technology Sector
BKKT 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 BKKT on trend strength, trading above more of its moving averages.
BKKT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.80 | 37% below |
| 20 week MA | $7.08 | 48% below |
| 50 week MA | $9.20 | 60% below |
| 100 week MA | $13.0 | 72% below |
| 200 week MA | $20.0 | 82% below |
BKKT is in a downtrend: it's below all five of its weekly moving averages, and 82% 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 BKKT on returns for 2026, with the stronger performance.
BKKT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $240.0 | $255.3 | +6.4% |
| 2021 | $255.3 | $250.0 | -2.1% |
| 2022 | $250.0 | $33.0 | -87% |
| 2023 | $33.0 | $55.8 | +69% |
| 2024 | $55.8 | $27.5 | -51% |
| 2025 | $27.5 | $10.5 | -62% |
| 2026 YTD | $10.5 | $3.67 | -65% |
BKKT has finished lower in four of the last six years. It's down 65% so far in 2026.