AMD
Advanced Micro Devices, Inc.
AMD has the edge over MQ overall, supported by stronger modeled upside and stronger fundamentals.
MQ
Marqeta, Inc.
MQ has slightly lower modeled downside risk, despite its lower overall score.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
MQ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
MQ'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.
MQ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 15x | $18.03 | — |
| Forward | 39x | $18.03 | — |
| Cheap | 57x | $71.08 | +294% |
| Fair | 153x | $190 | +953% |
| Expensive | 383x | $474 | +2531% |
Historical ranges are pointers, not guarantees.
MQ 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 MQ on the outlook, with more favorable valuation expectations.
MQ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for MQ, with profitability improving. However, they disagree widely on these estimates.
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 MQ on earnings, with more consistent year-over-year improvement.
MQ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.47 | -62% |
| Q3 2026 | $1.24 | +$1.56 |
| Q2 2026 | $0.11 | +$0.63 |
| Q1 2026 | $0.04 | -90% |
| Q4 2025 | -$0.12 | -160% |
| Q3 2025 | -$0.32 | -500% |
| Q2 2025 | -$0.52 | -$0.44 |
| Q1 2025 | $0.40 | +$1.84 |
| Q4 2024 | $0.20 | +$1.88 |
MQ has returned to profit: it earned $1.24 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 MQ 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 MQ on profitability, with a higher operating margin.
MQ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $176.2M | +7.9% |
| Q2 2026 | $176M | +17% |
| Q1 2026 | $165.8M | +19% |
| Q4 2025 | $172.1M | +27% |
| Q3 2025 | $163.3M | +28% |
| Q2 2025 | $150.4M | +20% |
| Q1 2025 | $139.1M | +18% |
| Q4 2024 | $135.8M | +14% |
MQ's revenue has grown year over year for nine quarters in a row: $176M last quarter, up 7.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.6% | +9.9 points |
| Q2 2026 | 2.1% | +8.2 points |
| Q1 2026 | 1.3% | +15 points |
| Q4 2025 | -4.8% | +23 points |
| Q3 2025 | -6.3% | +27 points |
| Q2 2025 | -6.1% | -90 points |
| Q1 2025 | -13% | +29 points |
| Q4 2024 | -28% | +20 points |
MQ's operating margin was 3.6% last quarter, up 9.9 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 MQ on cash flow, with more consistent year-over-year improvement.
MQ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $26M | -70% |
| Q2 2026 | $63M | +416% |
| Q1 2026 | -$4.6M | -153% |
| Q4 2025 | $53.5M | +116% |
| Q3 2025 | $86.4M | +1118% |
| Q2 2025 | $12.2M | -51% |
| Q1 2025 | $8.7M | +$9.5M |
| Q4 2024 | $24.7M | +50% |
MQ generated $138M in free cash flow over the past year, up 4.4% 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.
MQ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -1M shares |
| 1 year | -5.7% | -6.4M shares |
| 3 years | -20% | -26.6M shares |
| 5 years | +80% | +47.1M shares |
| Available history | -12% | -15.1M shares |
MQ has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $11.2M |
| Q2 2026 | $54.7M |
| Q1 2026 | $39.2M |
| Q4 2025 | $96.6M |
| Q3 2025 | $19.6M |
| Q2 2025 | $163.9M |
| Q1 2025 | $111.3M |
| Q4 2024 | $16.7M |
MQ spent $202M buying back its own shares over the past year, down 35% 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.
MQ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -17.2x | Net Cash |
| Q2 2026 | -33.3x | Net Cash |
| Q1 2026 | -138.1x | Net Cash |
| Q1 2025 | -31.8x | Net Cash |
MQ 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).
MQ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.5 | Neutral |
| Stochastic | 71.8 | Neutral |
MQ's weekly RSI is 54 (neutral) and its Stochastic is 72 (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.
MQ PE vs Technology Sector
| Metric | MQ | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 28x | 48% below |
| PE % | 0 | 43 | 43 pts below |
MQ 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 MQ on trend strength, trading above more of its moving averages.
MQ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.0 | 0.3% above |
| 20 week MA | $17.1 | 5.3% above |
| 50 week MA | $17.0 | 6.1% above |
| 100 week MA | $18.1 | 0.3% below |
| 200 week MA | $19.8 | 9% below |
MQ has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 9% 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 MQ on returns for 2026, with the stronger performance.
MQ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $126.0 | $69.8 | -45% |
| 2022 | $69.8 | $24.0 | -66% |
| 2023 | $24.0 | $27.9 | +16% |
| 2024 | $27.9 | $14.6 | -48% |
| 2025 | $14.6 | $19.4 | +33% |
| 2026 YTD | $19.4 | $18.0 | -7.3% |
MQ has finished lower in three of the last five years. It's down 7.3% so far in 2026.