AMD
Advanced Micro Devices, Inc.
AMD has a slight edge over DAVE overall, supported by lower modeled downside and stronger modeled upside.
DAVE
Dave Inc.
DAVE offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
DAVE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
DAVE'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.
DAVE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $267 | — |
| Cheap | 18x | $227 | -15% |
| Current | 22x | $267 | — |
| Fair | 23x | $287 | +7.2% |
| Expensive | 58x | $718 | +169% |
Historical ranges are pointers, not guarantees.
DAVE 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.
DAVE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for DAVE, 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.
DAVE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $18.94 | +53% |
| Q3 2026 | $12.41 | +24% |
| Q2 2026 | $15.45 | +316% |
| Q1 2026 | $15.58 | +338% |
| Q4 2025 | $13.53 | +223% |
| Q3 2025 | $10.02 | +220% |
| Q2 2025 | $3.71 | +78% |
| Q1 2025 | $3.56 | +$3.84 |
| Q4 2024 | $4.19 | +$8.26 |
DAVE's earnings per share have climbed steadily: $12.41 over the past year, up 24% from the year before, and higher year over year every quarter since late 2024.
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.
DAVE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $197.7M | +31% |
| Q2 2026 | $170.8M | +30% |
| Q1 2026 | $158.4M | +47% |
| Q4 2025 | $163.7M | +62% |
| Q3 2025 | $150.7M | +63% |
| Q2 2025 | $131.8M | +64% |
| Q1 2025 | $108M | +47% |
| Q4 2024 | $100.8M | +38% |
DAVE has the edge over AMD on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | -1.1 points |
| Q2 2026 | 8.6% | -0.1 points |
| Q1 2026 | 44% | +13 points |
| Q4 2025 | 39% | +22 points |
| Q3 2025 | 39% | +38 points |
| Q2 2025 | 8.7% | +3 points |
| Q1 2025 | 31% | -20 points |
| Q4 2024 | 17% | +17 points |
DAVE has the edge over AMD on profitability, with a higher operating margin.
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.
DAVE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $81.4M | -2.1% |
| Q2 2026 | $68.1M | +0.1% |
| Q1 2026 | $82M | +81% |
| Q4 2025 | $93.2M | +124% |
| Q3 2025 | $83.2M | +125% |
| Q2 2025 | $68.1M | +144% |
| Q1 2025 | $45.2M | +147% |
| Q4 2024 | $41.7M | +167% |
DAVE generated $325M in free cash flow over the past year, up 36% 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 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.
DAVE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +241K shares |
| 1 year | -4.2% | -604K shares |
| 3 years | +16% | +2M shares |
DAVE has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6M |
| Q2 2026 | $19.1M |
| Q1 2026 | $186.7M |
| Q4 2025 | $11.8M |
| Q3 2025 | $25M |
| Q2 2025 | — |
| Q1 2025 | $6.9M |
| Q4 2023 | — |
DAVE spent $224M 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.
DAVE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.4x | Very low |
DAVE 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).
DAVE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.0 | Neutral |
| Stochastic | 9.7 | Oversold |
DAVE's weekly RSI is 41 (neutral) and its Stochastic is 10 (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.
DAVE PE vs Technology Sector
| Metric | DAVE | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 28x | 23% below |
| PE % | 39 | 42 | 3 pts below |
DAVE 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 DAVE on trend strength, trading above more of its moving averages.
DAVE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $328.1 | 19% below |
| 20 week MA | $354.2 | 25% below |
| 50 week MA | $276.9 | 3.4% below |
| 100 week MA | $220.9 | 21% above |
| 200 week MA | $122.2 | 119% above |
DAVE has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 119% 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 DAVE on returns for 2026, with the stronger performance.
DAVE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $315.5 | $318.7 | +1% |
| 2022 | $318.7 | $9.50 | -97% |
| 2023 | $9.50 | $8.39 | -12% |
| 2024 | $8.39 | $97.8 | +1066% |
| 2025 | $97.8 | $229.2 | +134% |
| 2026 YTD | $229.2 | $267.4 | +17% |
DAVE's yearly returns have swung widely, from +1066% in 2024 to −97% in 2022. It's up 17% so far in 2026.