AMD
Advanced Micro Devices, Inc.
AMD has the edge over GDYN overall, supported by stronger fundamentals and stronger modeled upside.
GDYN
Grid Dynamics Holdings, Inc.
GDYN trails on the overall score without a compensating advantage in the available component scores.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
GDYN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Healthy |
GDYN's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
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.
GDYN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 51x | $5.15 | -62% |
| Fair | 108x | $10.78 | -19% |
| Current | 134x | $13.38 | — |
| Expensive | 323x | $32.35 | +142% |
Historical ranges are pointers, not guarantees.
GDYN 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.
GDYN Forward outlook
There aren't enough analyst estimates for GDYN to show an outlook.
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 GDYN on earnings, with more consistent year-over-year improvement.
GDYN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.10 | -38% |
| Q2 2026 | $0.03 | -85% |
| Q1 2026 | $0.06 | -54% |
| Q4 2025 | $0.11 | +120% |
| Q3 2025 | $0.16 | +300% |
| Q2 2025 | $0.20 | +$0.20 |
| Q1 2025 | $0.13 | +225% |
| Q4 2024 | $0.05 | +$0.07 |
GDYN's earnings per share have fallen from their peak: $0.10 over the past year, against $0.20 in mid-2025.
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 GDYN 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 GDYN on profitability, with a higher operating margin.
GDYN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.3M | +9.7% |
| Q2 2026 | $108.2M | +7% |
| Q1 2026 | $104.1M | +3.7% |
| Q4 2025 | $106.2M | +5.9% |
| Q3 2025 | $104.2M | +19% |
| Q2 2025 | $101.1M | +22% |
| Q1 2025 | $100.4M | +26% |
| Q4 2024 | $100.3M | +28% |
GDYN's revenue has grown year over year for 10 quarters in a row: $114M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | +8.2 points |
| Q2 2026 | 1.2% | +1.3 points |
| Q1 2026 | -3.5% | -1.5 points |
| Q4 2025 | 0.5% | -0.8 points |
| Q3 2025 | -0.2% | -2.7 points |
| Q2 2025 | -0.1% | -0.2 points |
| Q1 2025 | -2% | +4.9 points |
| Q4 2024 | 1.3% | +2.6 points |
GDYN's operating margin was 8% last quarter, up 8.2 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 GDYN on cash flow, with more consistent year-over-year improvement.
GDYN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.3M | +350% |
| Q2 2026 | $2.5M | -75% |
| Q1 2026 | $4.4M | -26% |
| Q4 2025 | $6.1M | +38% |
| Q3 2025 | $2.9M | -50% |
| Q2 2025 | $10.2M | +27% |
| Q1 2025 | $6M | +13881% |
| Q4 2024 | $4.4M | -16% |
GDYN still generates free cash flow, though less than at its 2026 peak: $26M 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.
GDYN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -1.1M shares |
| 1 year | -4.6% | -3.9M shares |
| 3 years | +5.9% | +4.6M shares |
| 5 years | +31% | +19.3M shares |
GDYN has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.7M |
| Q2 2026 | $17.3M |
| Q1 2026 | $11.5M |
| Q4 2021 | — |
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.
GDYN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -10.6x | Net Cash |
| Q2 2026 | -16.2x | Net Cash |
| Q1 2026 | -19.7x | Net Cash |
| Q4 2025 | -19.2x | Net Cash |
| Q3 2025 | -18.7x | Net Cash |
| Q2 2025 | -17.8x | Net Cash |
| Q1 2025 | -18.7x | Net Cash |
| Q4 2024 | -27.6x | Net Cash |
GDYN 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).
GDYN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 80.6 | Overbought |
| Stochastic | 91.9 | Overbought |
GDYN's weekly RSI is 81 (overbought) and its Stochastic is 92 (overbought).
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 GDYN on valuation relative to its sector.
GDYN PE vs Technology Sector
| Metric | GDYN | Sector median | Relative |
|---|---|---|---|
| PE | 134x | 28x | 380% above |
| PE % | 56 | 35 | 21 pts above |
GDYN is trading at 134x earnings, a 380% premium to the Technology sector's median of 28x.
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.
GDYN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.0 | 34% above |
| 20 week MA | $8.26 | 62% above |
| 50 week MA | $7.60 | 76% above |
| 100 week MA | $10.4 | 28% above |
| 200 week MA | $11.3 | 18% above |
GDYN has climbed back above all five of its weekly moving averages, and it's now 18% 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 GDYN on returns for 2026, with the stronger performance.
GDYN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $12.4 | +14% |
| 2021 | $12.4 | $39.8 | +220% |
| 2022 | $39.8 | $10.6 | -73% |
| 2023 | $10.6 | $13.3 | +26% |
| 2024 | $13.3 | $22.7 | +70% |
| 2025 | $22.7 | $9.28 | -59% |
| 2026 YTD | $9.28 | $13.4 | +44% |
GDYN's yearly returns have swung widely, from +220% in 2021 to −73% in 2022. It's up 44% so far in 2026.