AMD
Advanced Micro Devices, Inc.
AMD has the edge over FICO overall, supported by stronger modeled upside and stronger fundamentals.
FICO
Fair Isaac Corporation
FICO 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.
FICO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Under pressure |
FICO's revenue, profitability and cash flow are currently healthy, but its balance sheet is 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.
FICO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $717 | — |
| Current | 20x | $717 | — |
| Cheap | 34x | $1,224 | +71% |
| Fair | 54x | $1,954 | +172% |
| Expensive | 72x | $2,633 | +267% |
Historical ranges are pointers, not guarantees.
FICO 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.
FICO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for FICO, 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 has the edge over FICO on earnings, with stronger typical year-over-year growth.
FICO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $44.90 | +24% |
| Q3 2026 | $36.32 | +37% |
| Q2 2026 | $34.61 | +35% |
| Q1 2026 | $31.56 | +36% |
| Q4 2025 | $27.01 | +24% |
| Q3 2025 | $26.54 | +30% |
| Q2 2025 | $25.57 | +34% |
| Q1 2025 | $23.22 | +22% |
| Q4 2024 | $21.79 | +22% |
FICO's earnings per share have climbed steadily: $36.32 over the past year, up 37% from the year before, and higher year over year for 14 quarters in a row.
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 FICO 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's operating margin was 21% last quarter, up 7.4 points from the same quarter a year ago.
FICO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $657M | +27% |
| Q2 2026 | $674.2M | +26% |
| Q1 2026 | $691.7M | +39% |
| Q4 2025 | $512M | +16% |
| Q3 2025 | $515.8M | +14% |
| Q2 2025 | $536.4M | +20% |
| Q1 2025 | $498.7M | +15% |
| Q4 2024 | $440M | +15% |
FICO's revenue has grown year over year for 20 quarters in a row: $657M last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | -5.4 points |
| Q2 2026 | 54% | +4.9 points |
| Q1 2026 | 58% | +8.9 points |
| Q4 2025 | 46% | +4.9 points |
| Q3 2025 | 46% | +2.5 points |
| Q2 2025 | 49% | +6.5 points |
| Q1 2025 | 49% | +4.3 points |
| Q4 2024 | 41% | +1.2 points |
FICO 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 has the edge over FICO on cash flow, with stronger typical year-over-year growth.
FICO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $293.4M | +34% |
| Q2 2026 | $379.6M | +33% |
| Q1 2026 | $223.1M | +206% |
| Q4 2025 | $173.9M | -10% |
| Q3 2025 | $219.5M | -2.3% |
| Q2 2025 | $284.4M | +34% |
| Q1 2025 | $72.8M | +8.7% |
| Q4 2024 | $193.2M | +60% |
FICO's free cash flow has been positive every quarter for seven years: $1.1B over the past year, up 39% 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.
FICO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +285K shares |
| 1 year | -6.4% | -1.6M shares |
| 3 years | -9.4% | -2.4M shares |
| 5 years | -21% | -6.3M shares |
| Available history | -24% | -7.2M shares |
FICO has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1,000 |
| Q2 2026 | $2.3B |
| Q1 2026 | $605.4M |
| Q4 2025 | $171.2M |
| Q3 2025 | $548M |
| Q2 2025 | $486.8M |
| Q1 2025 | $217.2M |
| Q4 2024 | $162.6M |
FICO spent $3B buying back its own shares over the past year, up 115% 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.
FICO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.9x | Elevated |
| Q2 2026 | 4.3x | High |
| Q1 2026 | 3.0x | Moderate |
| Q4 2025 | 3.1x | Elevated |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | 2.9x | Moderate |
FICO's net debt is about 3.9 years of its operating earnings (EBITDA), up from 3.1 years a year ago.
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).
FICO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.9 | Neutral |
| Stochastic | 18.9 | Oversold |
FICO's weekly RSI is 36 (neutral) and its Stochastic is 19 (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.
FICO PE vs Technology Sector
| Metric | FICO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 28x | 29% below |
| PE % | 1 | 35 | 34 pts below |
FICO 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 FICO on trend strength, trading above more of its moving averages.
FICO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $739.0 | 2.9% below |
| 20 week MA | $968.6 | 26% below |
| 50 week MA | $1,181.6 | 39% below |
| 100 week MA | $1,466.7 | 51% below |
| 200 week MA | $1,338.3 | 46% below |
FICO is in a downtrend: it's below all five of its weekly moving averages, and 46% 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 FICO on returns for 2026, with the stronger performance.
FICO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $378.8 | $518.5 | +37% |
| 2021 | $518.5 | $435.1 | -16% |
| 2022 | $435.1 | $616.8 | +42% |
| 2023 | $616.8 | $1,164.0 | +89% |
| 2024 | $1,164.0 | $2,037.3 | +75% |
| 2025 | $2,037.3 | $1,753.2 | -14% |
| 2026 YTD | $1,753.2 | $717.4 | -59% |
FICO is down 59% so far in 2026, after finishing higher in four of the previous six years.