AMD
Advanced Micro Devices, Inc.
AMD has the edge over OKTA overall, supported by stronger modeled upside and lower modeled downside.
OKTA
Okta, Inc.
OKTA'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.
OKTA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Unavailable |
OKTA's revenue, profitability and cash flow are currently healthy. There isn't enough data to rate its balance sheet.
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.
OKTA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 43x | $183 | — |
| Cheap | 62x | $103 | -44% |
| Fair | 83x | $138 | -24% |
| Expensive | 108x | $179 | -1.8% |
| Current | 110x | $183 | — |
Historical ranges are pointers, not guarantees.
OKTA 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.
OKTA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Broad | |
| High |
Analysts expect earnings and revenue growth for OKTA, 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 stronger earnings trend. Trailing diluted EPS is up 127% for AMD versus OKTA up 98%.
OKTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.22 | +154% |
| Q3 2024 | -$0.84 | +$2.84 |
| Q2 2024 | -$1.67 | +$2.67 |
| Q1 2024 | -$2.17 | +$2.99 |
| Q4 2023 | -$2.85 | +$3.00 |
| Q3 2023 | -$3.68 | +$2.29 |
| Q2 2023 | -$4.34 | +$2.12 |
| Q1 2023 | -$5.16 | +$0.57 |
| Q4 2022 | -$5.85 | -$1.17 |
OKTA has returned to profit: it earned $1.66 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 OKTA 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 OKTA on profitability, with a higher operating margin.
OKTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $805M | +11% |
| Q2 2026 | $765M | +11% |
| Q1 2026 | $761M | +12% |
| Q4 2025 | $742M | +12% |
| Q3 2025 | $728M | +13% |
| Q2 2025 | $688M | +12% |
| Q1 2025 | $682M | +13% |
| Q4 2024 | $665M | +14% |
OKTA's revenue has grown year over year every quarter since late 2020: $805M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +7.7 points |
| Q2 2026 | 7.3% | +1.7 points |
| Q1 2026 | 6% | +4.9 points |
| Q4 2025 | 3.1% | +5.5 points |
| Q3 2025 | 5.6% | +8.6 points |
| Q2 2025 | 5.7% | +13 points |
| Q1 2025 | 1.2% | +15 points |
| Q4 2024 | -2.4% | +17 points |
OKTA's operating margin was 13% last quarter, up 7.7 points from the same quarter a year ago, near the top of its range since 2019.
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 generated $7.1B in free cash flow over the past year, up 30% from the year before.
OKTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $233M | +41% |
| Q2 2026 | $276M | +15% |
| Q1 2026 | $256M | -10% |
| Q4 2025 | $214M | +35% |
| Q3 2025 | $165M | +104% |
| Q2 2025 | $240M | +10% |
| Q1 2025 | $285M | +67% |
| Q4 2024 | $158M | +3.3% |
OKTA generated $979M in free cash flow over the past year, up 15% 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.
OKTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1.1M shares |
| 1 year | -1.2% | -2.2M shares |
| 3 years | +11% | +17.5M shares |
| 5 years | +36% | +47M shares |
| Available history | +50% | +59.8M shares |
OKTA has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $124M |
| Q2 2026 | $248M |
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.
OKTA Net Leverage
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).
OKTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 54.8 | Neutral |
OKTA's weekly RSI is 56 (neutral) and its Stochastic is 55 (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.
OKTA PE vs Technology Sector
| Metric | OKTA | Sector median | Relative |
|---|---|---|---|
| PE | 110x | 28x | 295% above |
| PE % | 88 | 35 | 53 pts above |
OKTA 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 OKTA on trend strength, trading above more of its moving averages.
OKTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $199.8 | 8.6% below |
| 20 week MA | $171.3 | 6.6% above |
| 50 week MA | $121.6 | 50% above |
| 100 week MA | $108.8 | 68% above |
| 200 week MA | $95.6 | 91% above |
OKTA's trend is up, with a small recent dip: it's below only its 8-week average, and 91% 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 OKTA on returns for 2026, with the stronger performance.
OKTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $119.9 | $275.6 | +130% |
| 2021 | $275.6 | $228.3 | -17% |
| 2022 | $228.3 | $67.0 | -71% |
| 2023 | $67.0 | $90.5 | +35% |
| 2024 | $90.5 | $81.6 | -9.8% |
| 2025 | $81.6 | $88.6 | +8.5% |
| 2026 YTD | $88.6 | $182.5 | +106% |
OKTA's yearly returns have swung widely, from +130% in 2020 to −71% in 2022. It's up 106% so far in 2026.