AMD
Advanced Micro Devices, Inc.
AMD has slightly lower modeled downside risk, despite its lower overall score.
VICR
Vicor Corporation
VICR has the edge over AMD overall, supported by stronger valuation and stronger modeled upside.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
VICR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Stable | |
| Strong |
VICR's revenue, profitability and balance sheet are currently strong, and its cash flow is 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'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.
VICR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 29x | $165 | — |
| Current | 43x | $165 | — |
| Cheap | 54x | $206 | +25% |
| Fair | 88x | $338 | +105% |
| Expensive | 337x | $1,287 | +682% |
Historical ranges are pointers, not guarantees.
VICR 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.
VICR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for VICR, 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.
VICR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.66 | +48% |
| Q3 2026 | $3.82 | +108% |
| Q2 2026 | $3.12 | +112% |
| Q1 2026 | $2.99 | +464% |
| Q4 2025 | $2.61 | +1764% |
| Q3 2025 | $1.84 | +1944% |
| Q2 2025 | $1.47 | +635% |
| Q1 2025 | $0.53 | -13% |
| Q4 2024 | $0.14 | -88% |
VICR earned $3.82 per share over the past year, up 108% 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 VICR 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's operating margin was 21% last quarter, up 7.4 points from the same quarter a year ago.
VICR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $197.1M | +79% |
| Q2 2026 | $143.4M | +1.6% |
| Q1 2026 | $113M | +20% |
| Q4 2025 | $107.3M | +12% |
| Q3 2025 | $110.4M | +19% |
| Q2 2025 | $141M | +64% |
| Q1 2025 | $94M | +12% |
| Q4 2024 | $96.2M | +3.8% |
VICR's revenue has grown year over year for eight quarters in a row: $197M last quarter, up 79% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +18 points |
| Q2 2026 | 24% | -7.9 points |
| Q1 2026 | 15% | +15 points |
| Q4 2025 | 15% | +5 points |
| Q3 2025 | 19% | +13 points |
| Q2 2025 | 32% | +32 points |
| Q1 2025 | -0.2% | +19 points |
| Q4 2024 | 9.6% | +1.6 points |
VICR has the edge over AMD on profitability, with a higher operating margin.
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 VICR on cash flow, with more consistent year-over-year improvement.
VICR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $34M | -1.3% |
| Q2 2026 | $23M | -61% |
| Q1 2026 | -$16.3M | -205% |
| Q4 2025 | $10.2M | +21% |
| Q3 2025 | $34.5M | +144% |
| Q2 2025 | $59M | +526% |
| Q1 2025 | $15.6M | +$20.3M |
| Q4 2024 | $8.4M | -42% |
VICR generated $51M in free cash flow over the past year, down 57% 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 the edge over VICR 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.
VICR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -99K shares |
| 1 year | +6% | +2.7M shares |
| 3 years | +5.4% | +2.4M shares |
| 5 years | +5.7% | +2.6M shares |
| Available history | +14% | +5.9M shares |
VICR has 48M diluted shares, up 6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $2.2M |
| Q3 2025 | $15.4M |
| Q4 2024 | — |
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.
VICR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.2x | Net Cash |
| Q2 2026 | -4.1x | Net Cash |
| Q1 2026 | -3.4x | Net Cash |
| Q4 2025 | -3.9x | Net Cash |
| Q3 2025 | -3.8x | Net Cash |
| Q2 2025 | -4.3x | Net Cash |
| Q1 2025 | -8.8x | Net Cash |
| Q4 2024 | -16.0x | Net Cash |
VICR 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).
VICR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.9 | Neutral |
| Stochastic | 13.5 | Oversold |
VICR's weekly RSI is 43 (neutral) and its Stochastic is 14 (oversold).
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.
VICR PE vs Technology Sector
| Metric | VICR | Sector median | Relative |
|---|---|---|---|
| PE | 43x | 28x | 55% above |
| PE % | 11 | 35 | 24 pts below |
VICR 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 VICR on trend strength, trading above more of its moving averages.
VICR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $215.9 | 24% below |
| 20 week MA | $219.6 | 25% below |
| 50 week MA | $206.6 | 20% below |
| 100 week MA | $130.3 | 26% above |
| 200 week MA | $88.4 | 86% above |
VICR has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 86% 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 VICR on returns for 2026, with the stronger performance.
VICR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $45.6 | $93.9 | +106% |
| 2021 | $93.9 | $124.0 | +32% |
| 2022 | $124.0 | $52.6 | -58% |
| 2023 | $52.6 | $44.9 | -15% |
| 2024 | $44.9 | $49.9 | +11% |
| 2025 | $49.9 | $111.0 | +123% |
| 2026 YTD | $111.0 | $164.7 | +48% |
VICR's yearly returns have swung widely, from +123% in 2025 to −58% in 2022. It's up 48% so far in 2026.