AMD
Advanced Micro Devices, Inc.
AMD has the edge over PLUS overall, supported by stronger fundamentals and stronger modeled upside.
PLUS
ePlus inc.
PLUS has 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.
PLUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Unavailable | |
| Strong |
PLUS's profitability and balance sheet are currently healthy, and its revenue is stable. There isn't enough data to rate its cash flow.
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.
PLUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $64.79 | -33% |
| Fair | 16x | $80.46 | -17% |
| Forward | 16x | $97.13 | — |
| Expensive | 18x | $92.10 | -5.2% |
| Current | 19x | $97.13 | — |
Historical ranges are pointers, not guarantees.
PLUS 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.
PLUS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for PLUS, 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 edge over PLUS on earnings, with more consistent year-over-year improvement.
PLUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.99 | +20% |
| Q3 2026 | $5.00 | +8.5% |
| Q2 2026 | $4.76 | +6.7% |
| Q1 2026 | $5.03 | +24% |
| Q4 2025 | $5.03 | +28% |
| Q3 2025 | $4.61 | +14% |
| Q2 2025 | $4.46 | +9.3% |
| Q1 2025 | $4.05 | -6.5% |
| Q4 2024 | $3.92 | -17% |
PLUS earned $5.00 per share over the past year, up 8.5% 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 PLUS 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 PLUS on profitability, with a higher operating margin.
PLUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $667.9M | +9.7% |
| Q2 2026 | $649.1M | +1.9% |
| Q1 2026 | $581.6M | +17% |
| Q4 2025 | $614.8M | +20% |
| Q3 2025 | $608.8M | +18% |
| Q2 2025 | $637.3M | +17% |
| Q1 2025 | $498.1M | -10% |
| Q4 2024 | $511M | +0.4% |
PLUS's revenue has grown year over year for six quarters in a row: $668M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.5% | +0.4 points |
| Q2 2026 | 6% | +0.3 points |
| Q1 2026 | 6.5% | -0.5 points |
| Q4 2025 | 7.1% | +1.5 points |
| Q3 2025 | 8% | -0.3 points |
| Q2 2025 | 5.7% | -0.8 points |
| Q1 2025 | 7% | +1.7 points |
| Q4 2024 | 5.6% | -1.9 points |
PLUS's operating margin was 8.5% last quarter, about level with 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 stronger cash trend. Its trailing FCF is up 128% versus its history, compared with PLUS at down 16%.
PLUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$59M | -$24.2M |
| Q2 2026 | $75.6M | +$174.6M |
| Q1 2026 | $103.8M | -36% |
| Q3 2025 | -$34.8M | -$13.1M |
| Q2 2025 | -$99M | -202% |
| Q1 2025 | $160.9M | +53% |
| Q4 2024 | $65.7M | -51% |
| Q3 2024 | -$21.6M | -169% |
PLUS usually generates cash, though not every quarter: the latest was −$59M, but it generated $86M 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 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.
PLUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -151K shares |
| 1 year | -1.9% | -495K shares |
| 3 years | -2.9% | -768K shares |
| 5 years | -3.5% | -953K shares |
| Available history | -3.2% | -845K shares |
PLUS has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.1M |
| Q2 2026 | $25.5M |
| Q1 2026 | $6.3M |
| Q4 2025 | $17M |
| Q3 2025 | $4M |
| Q2 2025 | $3.3M |
| Q1 2025 | $13.5M |
| Q4 2024 | $9.9M |
PLUS spent $62M buying back its own shares over the past year, up 101% 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.
PLUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.9x | Net Cash |
| Q2 2026 | -2.3x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -2.8x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -1.4x | Net Cash |
PLUS 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).
PLUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.4 | Neutral |
| Stochastic | 71.7 | Neutral |
PLUS's weekly RSI is 64 (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.
PLUS PE vs Technology Sector
| Metric | PLUS | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 28x | 30% below |
| PE % | 90 | 35 | 55 pts above |
PLUS 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 is in an uptrend: it's above all five of its weekly moving averages, and 193% above its 200-week average.
PLUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $93.6 | 3.8% above |
| 20 week MA | $90.9 | 6.9% above |
| 50 week MA | $86.6 | 12% above |
| 100 week MA | $78.9 | 23% above |
| 200 week MA | $74.6 | 30% above |
PLUS is in an uptrend: it's above all five of its weekly moving averages, and 30% 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 PLUS on returns for 2026, with the stronger performance.
PLUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.2 | $43.2 | +2.4% |
| 2021 | $43.2 | $52.5 | +22% |
| 2022 | $52.5 | $43.6 | -17% |
| 2023 | $43.6 | $79.8 | +83% |
| 2024 | $79.8 | $73.5 | -7.9% |
| 2025 | $73.5 | $90.0 | +22% |
| 2026 YTD | $90.0 | $97.1 | +7.9% |
PLUS has finished higher in four of the last six years. It's up 7.9% so far in 2026.