AMD
Advanced Micro Devices, Inc.
AMD has the edge over CLFD overall, supported by stronger fundamentals and stronger modeled upside.
CLFD
Clearfield, Inc.
CLFD'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.
CLFD Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Stable | |
| Healthy |
CLFD's balance sheet is currently healthy, and its cash flow is stable, but its revenue and profitability are under pressure.
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.
CLFD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | N/A | N/A |
| Forward | 35x | $31.27 | — |
| Fair | 37x | N/A | N/A |
| Expensive | 46x | N/A | N/A |
| Current | 223x | $31.27 | — |
Historical ranges are pointers, not guarantees.
CLFD's PE is 223x, 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.
CLFD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for CLFD, with profitability improving. 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 CLFD on earnings quality, reporting a profit while its opponent remains loss making.
CLFD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.89 | — |
| Q2 2026 | -$0.51 | -5200% |
| Q1 2026 | -$0.62 | -$0.48 |
| Q4 2025 | -$0.49 | +$0.14 |
| Q3 2025 | -$0.58 | +$0.27 |
| Q2 2025 | $0.01 | +$0.63 |
| Q1 2025 | -$0.14 | +$0.11 |
| Q4 2024 | -$0.63 | -177% |
| Q3 2024 | -$0.85 | -139% |
CLFD has swung to a loss: it lost $0.51 per share over the past year, after a profit 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 CLFD 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 CLFD on profitability, with a higher operating margin.
CLFD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $43.9M | -12% |
| Q1 2026 | $34.4M | -27% |
| Q4 2025 | $34.3M | -3.2% |
| Q3 2025 | $17.6M | -62% |
| Q2 2025 | $49.9M | +2.3% |
| Q1 2025 | $47.2M | +28% |
| Q4 2024 | $35.5M | +3.6% |
| Q3 2024 | $46.8M | -5.9% |
CLFD's revenue has slid since its 2022 peak: $44M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 5.9% | +2.9 points |
| Q1 2026 | -6% | -6.6 points |
| Q4 2025 | -5.3% | +5.9 points |
| Q3 2025 | 25% | +31 points |
| Q2 2025 | 3% | +7.7 points |
| Q1 2025 | 0.6% | +27 points |
| Q4 2024 | -11% | +13 points |
| Q3 2024 | -6.4% | -9.9 points |
CLFD's operating margin was 5.9% last quarter, up 2.9 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 CLFD on cash flow, with more consistent year-over-year improvement.
CLFD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $8.9M | +19% |
| Q1 2026 | -$2.1M | -420% |
| Q4 2025 | -$2.4M | -148% |
| Q3 2025 | $8.9M | -9% |
| Q2 2025 | $7.5M | +184% |
| Q1 2025 | $654K | +$5.9M |
| Q4 2024 | $5.1M | -7.2% |
| Q3 2024 | $9.8M | +82% |
CLFD still generates free cash flow, though less than at its 2024 peak: $13M 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 1.7B diluted shares, up 1.2% from a year ago.
| 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.
CLFD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -78.4K shares |
| 1 year | -1.7% | -242K shares |
| 3 years | -11% | -1.7M shares |
| 5 years | -1.6% | -220K shares |
| Available history | +1% | +141K shares |
CLFD has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $897,000 |
| Q1 2026 | $7.3M |
| Q4 2025 | $5.3M |
| Q3 2025 | $12,000 |
| Q2 2025 | $5.7M |
| Q1 2025 | $4.7M |
| Q4 2024 | $6.3M |
| Q3 2024 | — |
CLFD spent $14M buying back its own shares over the past year, down 19% from the year before.
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.
CLFD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -2.7x | Net Cash |
| Q2 2025 | -13.5x | Net Cash |
| Q4 2023 | -1.8x | Net Cash |
| Q3 2023 | -0.8x | Net Cash |
| Q2 2023 | -0.5x | Net Cash |
CLFD 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).
CLFD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.5 | Neutral |
| Stochastic | 55.1 | Neutral |
CLFD's weekly RSI is 50 (neutral) and its Stochastic is 55 (neutral).
AMD PE vs Technology Sector
| Metric | AMD | Sector median | Relative |
|---|---|---|---|
| PE | 127x | 28x | 357% above |
| PE % | 61 | 35 | 26 pts above |
AMD has the edge over CLFD on valuation relative to its sector.
CLFD PE vs Technology Sector
| Metric | CLFD | Sector median | Relative |
|---|---|---|---|
| PE | 223x | 28x | 702% above |
| PE % | 94 | 35 | 59 pts above |
CLFD is trading at 223x earnings, a 702% premium to the Technology sector's median of 28x, though its earnings don't support one.
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 CLFD on trend strength, trading above more of its moving averages.
CLFD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.0 | 1% above |
| 20 week MA | $30.5 | 2.6% above |
| 50 week MA | $31.9 | 2% below |
| 100 week MA | $33.1 | 5.6% below |
| 200 week MA | $35.4 | 12% below |
CLFD has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 12% 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 CLFD on returns for 2026, with the stronger performance.
CLFD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.9 | $24.8 | +78% |
| 2021 | $24.8 | $78.5 | +217% |
| 2022 | $78.5 | $95.5 | +22% |
| 2023 | $95.5 | $29.1 | -70% |
| 2024 | $29.1 | $31.1 | +7% |
| 2025 | $31.1 | $30.2 | -3.1% |
| 2026 YTD | $30.2 | $31.3 | +3.6% |
CLFD's yearly returns have swung widely, from +217% in 2021 to −70% in 2023. It's up 3.6% so far in 2026.