AMD
Advanced Micro Devices, Inc.
AMD has the edge over VERX overall, supported by stronger fundamentals and stronger modeled upside.
VERX
Vertex, Inc.
VERX'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.
VERX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Stable |
VERX's revenue and cash flow are currently healthy, and its balance sheet is stable, but its profitability 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.
VERX PE Valuation
VERX has no meaningful PE right now: it lost money over the past year.
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.
VERX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VERX, 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 VERX on earnings quality, reporting a profit while its opponent remains loss making.
VERX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.99 | — |
| Q3 2026 | -$0.28 | +$0.06 |
| Q2 2026 | $0.03 | +$0.35 |
| Q1 2026 | -$0.04 | +$0.24 |
| Q4 2025 | $0.05 | +$0.38 |
| Q3 2025 | -$0.34 | -270% |
| Q2 2025 | -$0.32 | -346% |
| Q1 2025 | -$0.28 | -660% |
| Q4 2024 | -$0.33 | -$0.24 |
VERX is still losing money, but far less than before: $0.28 per share over the past year, against $0.57 at its worst in late 2020.
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 VERX 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 VERX on profitability, with a higher operating margin.
VERX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $213.3M | +11% |
| Q2 2026 | $204M | +11% |
| Q1 2026 | $196.6M | +11% |
| Q4 2025 | $194.7M | +9.1% |
| Q3 2025 | $192.1M | +13% |
| Q2 2025 | $184.6M | +15% |
| Q1 2025 | $177.1M | +13% |
| Q4 2024 | $178.5M | +15% |
VERX's revenue has grown year over year every quarter since late 2020: $213M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | -2.1 points |
| Q2 2026 | -2.2% | -0.1 points |
| Q1 2026 | -1.5% | -4 points |
| Q4 2025 | 0.8% | +8.2 points |
| Q3 2025 | 2.3% | -0.6 points |
| Q2 2025 | -2.1% | -6.8 points |
| Q1 2025 | 2.5% | +3.5 points |
| Q4 2024 | -7.3% | -5.7 points |
VERX's operating margin was 0.1% last quarter, down 2.1 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 VERX on cash flow, with more consistent year-over-year improvement.
VERX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $53.2M | +76% |
| Q2 2026 | $10.6M | -46% |
| Q1 2026 | $7.7M | +$19.9M |
| Q4 2025 | $10.1M | -44% |
| Q3 2025 | $30.2M | +64% |
| Q2 2025 | $19.6M | -47% |
| Q1 2025 | -$12.3M | -372% |
| Q4 2024 | $17.9M | -38% |
VERX generated $82M in free cash flow over the past year, up 47% 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.
VERX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +876K shares |
| 1 year | +0.1% | +96.8K shares |
| 3 years | +6.7% | +10.2M shares |
| 5 years | +9.5% | +14.1M shares |
| Available history | +25% | +32.6M shares |
VERX has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $27.1M |
| Q2 2026 | $26.6M |
| Q1 2026 | $20M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
VERX spent $74M buying back its own shares over the past year, after none 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.
VERX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.5x | Very low |
VERX's net debt is about 2.3 years of its operating earnings (EBITDA), up from less than a year a year ago.
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).
VERX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.5 | Neutral |
| Stochastic | 89.0 | Overbought |
VERX's weekly RSI is 66 (neutral) and its Stochastic is 89 (overbought).
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 VERX on valuation relative to its sector.
VERX PE vs Technology Sector
| Metric | VERX | Sector median | Relative |
|---|---|---|---|
| PE | 501x | 28x | 1,697% above |
| PE % | 74 | 37 | 37 pts above |
VERX has no meaningful PE right now: it lost money over the past year.
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 VERX on trend strength, trading above more of its moving averages.
VERX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.4 | 23% above |
| 20 week MA | $13.4 | 32% above |
| 50 week MA | $14.3 | 24% above |
| 100 week MA | $24.8 | 28% below |
| 200 week MA | $26.6 | 33% below |
VERX has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 33% below 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 VERX on returns for 2026, with the stronger performance.
VERX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.6 | $34.1 | +45% |
| 2021 | $34.1 | $17.1 | -50% |
| 2022 | $17.1 | $14.8 | -13% |
| 2023 | $14.8 | $26.9 | +82% |
| 2024 | $26.9 | $52.7 | +96% |
| 2025 | $52.7 | $20.3 | -61% |
| 2026 YTD | $20.3 | $17.8 | -13% |
VERX has finished lower in three of the last six years. It's down 13% so far in 2026.