AMD
Advanced Micro Devices, Inc.
AMD has the edge over LPTH overall, supported by lower modeled downside and stronger fundamentals.
LPTH
LightPath Technologies, Inc.
LPTH'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.
LPTH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
LPTH's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
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.
LPTH PE Valuation
LPTH 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.
LPTH Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect LPTH'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 stronger earnings trend. Trailing diluted EPS is up 127% for AMD versus LPTH down 257%.
LPTH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2024 | -$0.23 | -$0.09 |
| Q3 2024 | -$0.21 | -$0.09 |
| Q2 2024 | -$0.21 | -$0.08 |
| Q1 2024 | -$0.18 | -$0.02 |
| Q4 2023 | -$0.14 | +$0.01 |
| Q3 2023 | -$0.12 | +$0.04 |
| Q2 2023 | -$0.13 | $0.00 |
| Q1 2023 | -$0.16 | +$0.02 |
LPTH lost $0.33 per share over the past year, a bigger loss than 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'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 has the edge over LPTH on profitability, with a higher operating margin.
LPTH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.8M | +38% |
| Q2 2026 | $21.2M | +73% |
| Q1 2026 | $19.1M | +109% |
| Q4 2025 | $16.4M | +120% |
| Q3 2025 | $15.1M | +79% |
| Q2 2025 | $12.2M | +41% |
| Q1 2025 | $9.2M | +19% |
| Q4 2024 | $7.4M | +1.5% |
LPTH has the edge over AMD on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -10% | +6.2 points |
| Q2 2026 | -20% | +18 points |
| Q1 2026 | -22% | +14 points |
| Q4 2025 | -53% | -19 points |
| Q3 2025 | -17% | -0.3 points |
| Q2 2025 | -38% | -12 points |
| Q1 2025 | -36% | -2.7 points |
| Q4 2024 | -33% | -9.1 points |
LPTH's operating margin was −10% last quarter, up 6.2 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 LPTH on cash generation, producing positive trailing cash flow while its opponent burns cash.
LPTH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.9M | -$9.6M |
| Q2 2026 | -$9.5M | -$6.2M |
| Q1 2026 | -$7.7M | -$4M |
| Q4 2025 | $2M | +$2.8M |
| Q3 2025 | -$1.2M | +$560.1K |
| Q2 2025 | -$3.3M | -$3.1M |
| Q1 2025 | -$3.7M | -$2.9M |
| Q4 2024 | -$817.8K | +$981 |
LPTH has burned cash in most quarters: −$26M over the past year, against −$9M 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 LPTH 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.
LPTH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +19% | +11.4M shares |
| 1 year | +71% | +29.1M shares |
| 3 years | +99% | +34.9M shares |
| 5 years | +166% | +43.6M shares |
| Available history | +156% | +42.6M shares |
LPTH has 70M diluted shares, up 71% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
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.
LPTH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | -3.2x | Net Cash |
| Q3 2022 | -20.5x | Net Cash |
| Q2 2022 | -2.3x | Net Cash |
| Q3 2021 | 0.2x | Very low |
| Q2 2021 | -1.6x | Net Cash |
| Q1 2021 | -0.4x | Net Cash |
| Q4 2020 | -0.2x | Net Cash |
| Q3 2020 | -0.2x | Net Cash |
LPTH 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).
LPTH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.8 | Neutral |
| Stochastic | 13.1 | Oversold |
LPTH's weekly RSI is 40 (neutral) and its Stochastic is 13 (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.
LPTH PE vs Technology Sector
| Metric | LPTH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
LPTH 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 LPTH on trend strength, trading above more of its moving averages.
LPTH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.51 | 15% below |
| 20 week MA | $10.4 | 31% below |
| 50 week MA | $11.4 | 37% below |
| 100 week MA | $7.72 | 6.6% below |
| 200 week MA | $4.60 | 57% above |
LPTH has fallen below most of its moving averages, though it's still 57% 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 LPTH on returns for 2026, with the stronger performance.
LPTH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.69 | $4.06 | +488% |
| 2021 | $4.06 | $2.31 | -43% |
| 2022 | $2.31 | $1.20 | -48% |
| 2023 | $1.20 | $1.26 | +5% |
| 2024 | $1.26 | $3.49 | +177% |
| 2025 | $3.49 | $9.02 | +158% |
| 2026 YTD | $9.02 | $7.21 | -20% |
LPTH's yearly returns have swung widely, from +488% in 2020 to −48% in 2022. It's down 20% so far in 2026.