AMD
Advanced Micro Devices, Inc.
AMD has a slight edge over P overall, supported by stronger fundamentals and stronger modeled upside.
P
Everpure, Inc.
P offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
P Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Under pressure | |
| Healthy |
P's revenue, profitability and balance sheet are currently healthy, but its cash flow is 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.
P PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $110 | — |
| Cheap | 127x | $92.36 | -16% |
| Current | 151x | $110 | — |
| Fair | 173x | $126 | +14% |
| Expensive | 300x | $219 | +99% |
Historical ranges are pointers, not guarantees.
P 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.
P Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for P, 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 P on earnings, with more consistent year-over-year improvement.
P Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.63 | +397% |
| Q3 2026 | $0.73 | +74% |
| Q2 2026 | $0.66 | +74% |
| Q1 2026 | $0.55 | +77% |
| Q4 2025 | $0.39 | -2.5% |
| Q3 2025 | $0.42 | 0% |
| Q2 2025 | $0.38 | +27% |
| Q1 2025 | $0.31 | +63% |
| Q4 2024 | $0.40 | +90% |
P earned $0.73 per share over the past year, up 74% from 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 P 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 P on profitability, with a higher operating margin.
P Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +38% |
| Q2 2026 | $1.1B | +35% |
| Q1 2026 | $1.1B | +20% |
| Q4 2025 | $964.5M | +16% |
| Q3 2025 | $861M | +13% |
| Q2 2025 | $778.5M | +12% |
| Q1 2025 | $879.8M | +11% |
| Q4 2024 | $831.1M | +8.9% |
P's revenue has grown year over year for 10 quarters in a row: $1.2B last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.3% | +4.8 points |
| Q2 2026 | 1.9% | +5.9 points |
| Q1 2026 | 8.2% | +3.4 points |
| Q4 2025 | 5.6% | -1.6 points |
| Q3 2025 | 0.6% | -2.7 points |
| Q2 2025 | -4% | +2 points |
| Q1 2025 | 4.8% | -2.4 points |
| Q4 2024 | 7.2% | -2.6 points |
P's operating margin was 5.3% last quarter, up 4.8 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 P on cash flow, with more consistent year-over-year improvement.
P Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$237.6M | -258% |
| Q2 2026 | $111.8M | -47% |
| Q1 2026 | $201.4M | +32% |
| Q4 2025 | $52.6M | +49% |
| Q3 2025 | $150.1M | -9.9% |
| Q2 2025 | $211.6M | +23% |
| Q1 2025 | $152.4M | -24% |
| Q4 2024 | $35.2M | -69% |
P usually generates cash, though not every quarter: the latest was −$238M, but it generated $128M 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 the edge over P 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.
P Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +2.1M shares |
| 1 year | +2.3% | +7.9M shares |
| 3 years | +12% | +36.1M shares |
| 5 years | +22% | +61.7M shares |
| Available history | +35% | +90.5M shares |
P has 346M diluted shares, up 2.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $69M |
| Q2 2026 | $84.1M |
| Q1 2026 | $127.2M |
| Q4 2025 | $53.3M |
| Q3 2025 | $42.2M |
| Q2 2025 | $119.9M |
| Q1 2025 | $192M |
| Q4 2024 | $182M |
P spent $334M buying back its own shares over the past year, down 38% 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.
P Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.0x | Net Cash |
| Q2 2026 | -2.7x | Net Cash |
| Q1 2026 | -3.4x | Net Cash |
| Q4 2025 | -4.4x | Net Cash |
| Q3 2025 | -4.7x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.1x | Net Cash |
| Q4 2024 | -3.6x | Net Cash |
P 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).
P Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.9 | Neutral |
| Stochastic | 40.7 | Neutral |
P's weekly RSI is 53 (neutral) and its Stochastic is 41 (neutral).
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 P on valuation relative to its sector.
P PE vs Technology Sector
| Metric | P | Sector median | Relative |
|---|---|---|---|
| PE | 151x | 28x | 441% above |
| PE % | 31 | 35 | 4 pts below |
P is trading at 151x earnings, a 441% 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 has the edge over P on trend strength, trading above more of its moving averages.
P Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $125.2 | 12% below |
| 20 week MA | $104.4 | 5.5% above |
| 50 week MA | $83.8 | 31% above |
| 100 week MA | $74.2 | 48% above |
| 200 week MA | $58.5 | 88% above |
P's trend is up, with a small recent dip: it's below only its 8-week average, and 88% 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 P on returns for 2026, with the stronger performance.
P Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.2 | $24.0 | +39% |
| 2021 | $24.0 | $33.3 | +39% |
| 2022 | $33.3 | $26.7 | -20% |
| 2023 | $26.7 | $35.7 | +34% |
| 2024 | $35.7 | $63.7 | +78% |
| 2025 | $63.7 | $69.3 | +8.8% |
| 2026 YTD | $69.3 | $110.1 | +59% |
P has finished higher in five of the last six years. It's up 59% so far in 2026.