AMD
Advanced Micro Devices, Inc.
AMD has the edge over SWKS overall, supported by stronger modeled upside and stronger fundamentals.
SWKS
Skyworks Solutions, Inc.
SWKS trails on the overall score without a compensating advantage in the available component scores.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
SWKS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
SWKS's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
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 has the edge over SWKS in the historical PE scenario, which offers more potential upside but is not a forecast.
SWKS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $17.25 | -81% |
| Forward | 16x | $90.03 | — |
| Fair | 21x | $23.51 | -74% |
| Expensive | 30x | $33.78 | -62% |
| Current | 79x | $90.03 | — |
Historical ranges are pointers, not guarantees.
SWKS's PE is in its expensive range at 79x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
AMD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Low |
AMD has the edge over SWKS on the outlook, with more favorable profitability expectations.
SWKS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for SWKS, but weaker profitability. 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 SWKS on earnings, with more consistent year-over-year improvement.
SWKS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.73 | +402% |
| Q3 2026 | $1.14 | -63% |
| Q2 2026 | $1.94 | -22% |
| Q1 2026 | $2.42 | -4.7% |
| Q4 2025 | $2.61 | -20% |
| Q3 2025 | $3.08 | -17% |
| Q2 2025 | $2.49 | -49% |
| Q1 2025 | $2.54 | -52% |
| Q4 2024 | $3.25 | -42% |
SWKS's earnings per share have fallen from their peak: $1.14 over the past year, against $8.97 in late 2021.
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 SWKS 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 SWKS on profitability, with a higher operating margin.
SWKS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | -5% |
| Q2 2026 | $934.8M | -3.1% |
| Q1 2026 | $943.7M | -1% |
| Q4 2025 | $1B | -3.1% |
| Q3 2025 | $1.1B | +7.3% |
| Q2 2025 | $965M | +6.6% |
| Q1 2025 | $953.2M | -8.9% |
| Q4 2024 | $1.1B | -11% |
SWKS's revenue fell from its 2021 peak and has held roughly level since: $1B last quarter, down 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.1% | -8 points |
| Q2 2026 | 5.2% | -6.3 points |
| Q1 2026 | 4.5% | -5.8 points |
| Q4 2025 | 10% | -6.9 points |
| Q3 2025 | 10% | +4.3 points |
| Q2 2025 | 11% | -2.9 points |
| Q1 2025 | 10% | -7.9 points |
| Q4 2024 | 17% | -4.6 points |
SWKS's operating margin was 2.1% last quarter, down 8 points from the same quarter a year ago, near the bottom 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 has the edge over SWKS on cash flow, with more consistent year-over-year improvement.
SWKS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$60.9M | -142% |
| Q2 2026 | -$16.7M | -107% |
| Q1 2026 | -$32.1M | -109% |
| Q4 2025 | $339M | +0.2% |
| Q3 2025 | $144M | -63% |
| Q2 2025 | $252.7M | +1.5% |
| Q1 2025 | $370.9M | +36% |
| Q4 2024 | $338.2M | -55% |
SWKS usually generates cash, though not every quarter: the latest was −$61M, but it generated $229M 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.
SWKS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +800K shares |
| 1 year | +0.7% | +1.1M shares |
| 3 years | -5.4% | -8.6M shares |
| 5 years | -9.3% | -15.6M shares |
| Available history | -12% | -20.2M shares |
SWKS has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $107M |
| Q2 2026 | — |
| Q3 2025 | — |
| Q2 2025 | $330.2M |
| Q3 2024 | — |
| Q2 2024 | $77.3M |
| Q1 2024 | — |
| Q4 2023 | — |
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.
SWKS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.2x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
SWKS 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).
SWKS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.2 | Neutral |
| Stochastic | 80.8 | Overbought |
SWKS's weekly RSI is 62 (neutral) and its Stochastic is 81 (overbought).
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.
SWKS PE vs Technology Sector
| Metric | SWKS | Sector median | Relative |
|---|---|---|---|
| PE | 79x | 28x | 183% above |
| PE % | 100 | 35 | 65 pts above |
SWKS 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.
SWKS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $84.2 | 6.9% above |
| 20 week MA | $75.1 | 20% above |
| 50 week MA | $68.3 | 32% above |
| 100 week MA | $70.6 | 28% above |
| 200 week MA | $86.8 | 3.7% above |
SWKS has climbed back above all five of its weekly moving averages, and it's now 3.7% 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 SWKS on returns for 2026, with the stronger performance.
SWKS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $122.3 | $151.2 | +24% |
| 2021 | $151.2 | $153.4 | +1.5% |
| 2022 | $153.4 | $88.9 | -42% |
| 2023 | $88.9 | $112.4 | +27% |
| 2024 | $112.4 | $90.2 | -20% |
| 2025 | $90.2 | $64.2 | -29% |
| 2026 YTD | $64.2 | $90.0 | +40% |
SWKS is up 40% so far in 2026, after finishing lower in three of the previous six years.