AMD
Advanced Micro Devices, Inc.
AMD has the edge over INVE overall, supported by stronger fundamentals and stronger modeled upside.
INVE
Identiv, Inc.
INVE'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.
INVE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Under pressure | |
| Strong |
INVE's revenue and balance sheet are currently healthy, but its profitability and cash flow 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.
INVE PE Valuation
INVE has no meaningful PE right now: it lost money over the past year.
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.
INVE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect INVE's losses to shrink, with revenue growing.
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 INVE on earnings quality, reporting a profit while its opponent remains loss making.
INVE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.67 | -121% |
| Q1 2026 | -$0.73 | -123% |
| Q4 2025 | -$0.79 | -125% |
| Q3 2025 | -$0.62 | -120% |
| Q2 2025 | $3.15 | +$3.73 |
| Q1 2025 | $3.14 | +$3.51 |
| Q4 2024 | $3.14 | +$3.43 |
| Q3 2024 | $3.05 | +$3.25 |
INVE has swung to a loss: it lost $0.67 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 INVE 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 INVE on profitability, with a higher operating margin.
INVE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $5.7M | +13% |
| Q1 2026 | $7.4M | +41% |
| Q4 2025 | $6.2M | -7.9% |
| Q3 2025 | $5M | -23% |
| Q2 2025 | $5M | -25% |
| Q1 2025 | $5.3M | -77% |
| Q4 2024 | $6.7M | -77% |
| Q3 2024 | $6.5M | -79% |
INVE's revenue is recovering but still below its 2023 peak: $6M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -97% | +30 points |
| Q1 2026 | -57% | +47 points |
| Q4 2025 | -76% | +23 points |
| Q3 2025 | -111% | +35 points |
| Q2 2025 | -127% | -27 points |
| Q1 2025 | -104% | -85 points |
| Q4 2024 | -99% | -93 points |
| Q3 2024 | -146% | -147 points |
INVE's operating margin was −97% last quarter, up 30 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 INVE on cash generation, producing positive trailing cash flow while its opponent burns cash.
INVE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$5.1M | -$1.2M |
| Q1 2026 | -$3.7M | -$136K |
| Q4 2025 | $2.8M | +$9.4M |
| Q3 2025 | -$3.2M | +$4.5M |
| Q2 2025 | -$3.8M | -$2.7M |
| Q1 2025 | -$3.6M | -$2M |
| Q4 2024 | -$6.5M | -280% |
| Q3 2024 | -$7.7M | -$6.7M |
INVE has burned cash in most quarters: −$9M over the past year, against −$22M 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 INVE 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.
INVE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +182K shares |
| 1 year | +1.9% | +459K shares |
| 3 years | +5.1% | +1.2M shares |
| 5 years | +31% | +5.8M shares |
| Available history | +36% | +6.5M shares |
INVE has 24M diluted shares, up 1.9% from a year ago.
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.
INVE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2023 | -31.8x | Net Cash |
| Q4 2022 | -8.6x | Net Cash |
| Q2 2022 | -25.1x | Net Cash |
| Q1 2022 | -31.8x | Net Cash |
| Q2 2021 | -15.2x | Net Cash |
| Q1 2021 | 97.4x | High |
| Q1 2020 | 13.1x | High |
| Q4 2019 | 1.4x | Healthy |
INVE 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).
INVE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.9 | Neutral |
| Stochastic | 58.4 | Neutral |
INVE's weekly RSI is 46 (neutral) and its Stochastic is 58 (neutral).
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.
INVE PE vs Technology Sector
| Metric | INVE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INVE has no meaningful PE right now: it lost money over the past year.
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 INVE on trend strength, trading above more of its moving averages.
INVE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.53 | 5.5% above |
| 20 week MA | $2.63 | 1.5% above |
| 50 week MA | $3.24 | 18% below |
| 100 week MA | $3.36 | 21% below |
| 200 week MA | $4.79 | 44% below |
INVE has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 44% 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 INVE on returns for 2026, with the stronger performance.
INVE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.60 | $7.24 | +29% |
| 2021 | $7.24 | $24.4 | +237% |
| 2022 | $24.4 | $6.87 | -72% |
| 2023 | $6.87 | $8.24 | +20% |
| 2024 | $8.24 | $3.69 | -55% |
| 2025 | $3.69 | $3.43 | -7% |
| 2026 YTD | $3.43 | $2.67 | -22% |
INVE's yearly returns have swung widely, from +237% in 2021 to −72% in 2022. It's down 22% so far in 2026.