AMD
Advanced Micro Devices, Inc.
AMD has the edge over TOST overall, supported by stronger fundamentals and stronger modeled upside.
TOST
Toast, Inc.
TOST 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.
TOST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
TOST'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.
TOST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $33.52 | — |
| Current | 36x | $33.52 | — |
| Cheap | 40x | $37.16 | +11% |
| Fair | 72x | $67.15 | +100% |
| Expensive | 162x | $151 | +351% |
Historical ranges are pointers, not guarantees.
TOST 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.
TOST Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for TOST, 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's earnings per share have climbed steadily: $4.60 over the past year, up 127% from the year before, and higher year over year for 11 quarters in a row.
TOST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.67 | +79% |
| Q3 2026 | $0.93 | +98% |
| Q2 2026 | $0.80 | +111% |
| Q1 2026 | $0.67 | +148% |
| Q4 2025 | $0.56 | +1767% |
| Q3 2025 | $0.47 | +$0.56 |
| Q2 2025 | $0.38 | +$0.63 |
| Q1 2025 | $0.27 | +$0.73 |
| Q4 2024 | $0.03 | +$0.50 |
TOST's earnings per share have climbed steadily: $0.93 over the past year, up 98% from the year before, and higher year over year for 12 quarters in a row.
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 TOST 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 TOST on profitability, with a higher operating margin.
TOST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +21% |
| Q2 2026 | $1.9B | +23% |
| Q1 2026 | $1.6B | +22% |
| Q4 2025 | $1.6B | +22% |
| Q3 2025 | $1.6B | +25% |
| Q2 2025 | $1.6B | +25% |
| Q1 2025 | $1.3B | +24% |
| Q4 2024 | $1.3B | +29% |
TOST's revenue has grown year over year every quarter since early 2021: $2B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | +3.2 points |
| Q2 2026 | 8% | +2.8 points |
| Q1 2026 | 6.8% | +3.5 points |
| Q4 2025 | 5.2% | +2.8 points |
| Q3 2025 | 5.1% | +2.5 points |
| Q2 2025 | 5.2% | +4.8 points |
| Q1 2025 | 3.2% | +8.4 points |
| Q4 2024 | 2.4% | +7.8 points |
TOST's operating margin was 8.3% last quarter, up 3.2 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 generated $7.1B in free cash flow over the past year, up 30% from the year before.
TOST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $181M | +18% |
| Q2 2026 | $130M | -38% |
| Q1 2026 | $115M | +67% |
| Q4 2025 | $178M | +33% |
| Q3 2025 | $153M | +58% |
| Q2 2025 | $208M | +93% |
| Q1 2025 | $69M | +$102M |
| Q4 2024 | $134M | +148% |
TOST has the edge over AMD on cash flow, with more consistent year-over-year improvement.
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.
TOST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2M shares |
| 1 year | -2.8% | -17M shares |
| 3 years | +10% | +55.5M shares |
| 5 years | +147% | +353M shares |
| Available history | +28% | +131M shares |
TOST has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $163M |
| Q1 2026 | $323M |
| Q4 2025 | $53M |
| Q3 2025 | $23M |
| Q2 2025 | $14M |
| Q1 2025 | $17M |
| Q4 2024 | — |
TOST spent $539M buying back its own shares over the past year, about 10 times what it spent 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.
TOST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.1x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.7x | Net Cash |
| Q4 2025 | -3.8x | Net Cash |
| Q3 2025 | -4.6x | Net Cash |
| Q2 2025 | -4.8x | Net Cash |
| Q1 2025 | -6.0x | Net Cash |
| Q4 2024 | -14.8x | Net Cash |
TOST 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).
TOST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 54.0 | Neutral |
TOST's weekly RSI is 56 (neutral) and its Stochastic is 54 (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.
TOST PE vs Technology Sector
| Metric | TOST | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 28x | 29% above |
| PE % | 2 | 45 | 43 pts below |
TOST 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 TOST on trend strength, trading above more of its moving averages.
TOST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.0 | 4.8% above |
| 20 week MA | $32.1 | 4.4% above |
| 50 week MA | $30.2 | 11% above |
| 100 week MA | $34.8 | 3.6% below |
| 200 week MA | $28.7 | 17% above |
TOST's trend is mixed: it's above four of its five weekly moving averages, and 17% 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 TOST on returns for 2026, with the stronger performance.
TOST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $55.8 | $39.6 | -29% |
| 2022 | $39.6 | $17.6 | -56% |
| 2023 | $17.6 | $18.3 | +3.6% |
| 2024 | $18.3 | $37.5 | +105% |
| 2025 | $37.5 | $36.4 | -2.8% |
| 2026 YTD | $36.4 | $33.5 | -8% |
TOST's yearly returns have swung widely, from +105% in 2024 to −56% in 2022. It's down 8% so far in 2026.