AMD
Advanced Micro Devices, Inc.
AMD has the edge over FLYW overall, supported by stronger modeled upside and stronger fundamentals.
FLYW
Flywire Corporation
FLYW 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.
FLYW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Healthy |
FLYW'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.
FLYW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 34x | $21.47 | — |
| Current | 35x | $21.47 | — |
| Cheap | 68x | $41.45 | +93% |
| Fair | 120x | $73.41 | +242% |
| Expensive | 276x | $168 | +683% |
Historical ranges are pointers, not guarantees.
FLYW 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 |
AMD has the edge over FLYW on the outlook, with more favorable valuation expectations.
FLYW Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for FLYW, 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 FLYW on earnings, with more consistent year-over-year improvement.
FLYW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.64 | +4.6% |
| Q3 2026 | $0.61 | +$0.63 |
| Q2 2026 | $0.27 | +440% |
| Q1 2026 | $0.24 | +500% |
| Q4 2025 | $0.11 | +450% |
| Q3 2025 | -$0.02 | -112% |
| Q2 2025 | $0.05 | +$0.10 |
| Q1 2025 | $0.04 | +$0.13 |
| Q4 2024 | $0.02 | +$0.09 |
FLYW has returned to profit: it earned $0.61 per share over the past year, after losing money 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 FLYW 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 FLYW on profitability, with a higher operating margin.
FLYW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $250.3M | +25% |
| Q2 2026 | $167.7M | +27% |
| Q1 2026 | $188.1M | +41% |
| Q4 2025 | $157.5M | +34% |
| Q3 2025 | $200.1M | +28% |
| Q2 2025 | $131.9M | +27% |
| Q1 2025 | $133.5M | +17% |
| Q4 2024 | $117.6M | +17% |
FLYW's revenue has grown year over year every quarter since early 2021: $250M last quarter, up 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +5 points |
| Q2 2026 | -1.6% | +5.2 points |
| Q1 2026 | 5.7% | +14 points |
| Q4 2025 | -0.6% | +4.3 points |
| Q3 2025 | 16% | +3.2 points |
| Q2 2025 | -6.8% | +8.4 points |
| Q1 2025 | -8.2% | -3 points |
| Q4 2024 | -4.9% | +5.1 points |
FLYW's operating margin was 21% last quarter, up 5 points from the same quarter a year ago, near the top of its range since 2020.
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 FLYW on cash flow, with more consistent year-over-year improvement.
FLYW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $125M | -17% |
| Q2 2026 | $20.8M | -11% |
| Q1 2026 | -$16M | +$63.1M |
| Q4 2025 | $4.5M | +$46.1M |
| Q3 2025 | $149.9M | -21% |
| Q2 2025 | $23.5M | +$43.2M |
| Q1 2025 | -$79.1M | -$40.7M |
| Q4 2024 | -$41.6M | -170% |
FLYW generated $134M in free cash flow over the past year, up 154% 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 FLYW 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.
FLYW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6% | +7.3M shares |
| 1 year | +1.6% | +2M shares |
| 3 years | +3.4% | +4.2M shares |
| 5 years | +147% | +77.2M shares |
| Available history | +46% | +40.6M shares |
FLYW has 130M diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $20.5M |
| Q1 2026 | $10M |
| Q3 2025 | $10M |
| Q2 2025 | $5M |
| Q1 2025 | $49.3M |
| Q1 2021 | — |
| Q4 2020 | — |
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.
FLYW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -4.9x | Net Cash |
| Q1 2026 | -6.1x | Net Cash |
| Q4 2025 | -12.3x | Net Cash |
| Q3 2025 | -17.3x | Net Cash |
| Q2 2025 | -26.1x | Net Cash |
| Q1 2025 | -741.5x | Net Cash |
| Q4 2024 | -125.1x | Net Cash |
FLYW 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).
FLYW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.5 | Neutral |
| Stochastic | 89.5 | Overbought |
FLYW's weekly RSI is 68 (neutral) and its Stochastic is 90 (overbought).
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.
FLYW PE vs Technology Sector
| Metric | FLYW | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 28x | 26% above |
| PE % | 0 | 43 | 43 pts below |
FLYW 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 is in an uptrend: it's above all five of its weekly moving averages, and 193% above its 200-week average.
FLYW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.3 | 11% above |
| 20 week MA | $18.5 | 16% above |
| 50 week MA | $15.7 | 37% above |
| 100 week MA | $14.4 | 49% above |
| 200 week MA | $19.3 | 11% above |
FLYW has climbed back above all five of its weekly moving averages, and it's now 11% 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 FLYW on returns for 2026, with the stronger performance.
FLYW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $34.3 | $36.5 | +6.4% |
| 2022 | $36.5 | $21.9 | -40% |
| 2023 | $21.9 | $23.2 | +5.7% |
| 2024 | $23.2 | $20.3 | -13% |
| 2025 | $20.3 | $14.5 | -29% |
| 2026 YTD | $14.5 | $21.5 | +49% |
FLYW is up 49% so far in 2026, after finishing lower in three of the previous five years.