AMD
Advanced Micro Devices, Inc.
AMD's fundamentals are strong: revenue grew 42% and its operating margin rose 9 points to 18%. At 127x earnings, it's trading above its usual 113x. Analysts expect that strong growth to continue, though they disagree widely on how much.
VNET
VNET Group, Inc.
There isn't enough reported data to score VNET yet.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
VNET Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| Weak | |
| Weak |
VNET's profitability, cash flow and balance sheet are currently under pressure. There isn't enough data to rate its revenue.
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.
VNET PE Valuation
VNET 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.
VNET Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect VNET to return to profit, with revenue growing. 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 stronger earnings trend. Trailing diluted EPS is up 127% for AMD versus VNET down 153%.
VNET Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2024 | -$2.30 | -$2.02 |
| Q2 2024 | -$2.51 | -$1.85 |
| Q1 2024 | -$2.78 | -$1.97 |
| Q4 2023 | -$2.61 | -$1.82 |
| Q3 2023 | -$0.28 | +$0.48 |
| Q2 2023 | -$0.66 | -$0.49 |
| Q1 2023 | -$0.81 | -223% |
| Q4 2022 | -$0.79 | -261% |
VNET is still losing money, but far less than before: $1.33 per share over the past year, against $3.48 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 VNET 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 VNET on profitability, with a higher operating margin.
VNET Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $415.8M | +14% |
| Q1 2026 | $403.9M | +20% |
| Q3 2025 | $385.4M | +24% |
| Q2 2025 | $365.3M | +22% |
| Q1 2025 | $337.1M | +18% |
| Q3 2024 | $311.3M | +9.9% |
| Q2 2024 | $299.2M | +9.4% |
| Q1 2024 | $284.9M | +5.1% |
VNET's revenue has grown year over year every quarter since late 2020: $416M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.8% | -0.3 points |
| Q1 2026 | 9.2% | -1.9 points |
| Q4 2025 | 5.2% | N/A |
| Q3 2025 | 7.5% | -1 points |
| Q2 2025 | 7.1% | -2.6 points |
| Q1 2025 | 11% | +8.6 points |
| Q3 2024 | 8.5% | +6.8 points |
| Q2 2024 | 9.8% | +4.6 points |
VNET's operating margin was 6.8% 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 edge over VNET on cash generation, producing positive trailing cash flow while its opponent burns cash.
VNET Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$194.5M | +$31.2M |
| Q1 2026 | -$243.2M | +$1.4M |
| Q4 2025 | -$189.6M | -$51.4M |
| Q3 2025 | -$211.8M | -$111.8M |
| Q2 2025 | -$225.7M | -$136.6M |
| Q1 2025 | -$244.7M | -$133M |
| Q4 2024 | -$138.2M | -$95.1M |
| Q3 2024 | -$100M | -$26.2M |
VNET has burned cash in almost every quarter: −$839M over the past year, against −$709M 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 VNET 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.
VNET Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.5% | +9.5M shares |
| 1 year | +5.7% | +15.3M shares |
| 3 years | +61% | +108M shares |
| 5 years | +98% | +140M shares |
| Available history | +151% | +170M shares |
VNET has 284M diluted shares, up 5.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $2.6M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q3 2024 | — |
| Q2 2024 | — |
VNET spent $3M buying back its own shares over the past year.
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.
VNET Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 6.3x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 7.2x | High |
| Q3 2025 | 10.1x | High |
| Q2 2025 | 8.0x | High |
| Q1 2025 | 7.9x | High |
| Q4 2024 | 3.0x | Elevated |
| Q3 2024 | 278.7x | High |
VNET's net debt is about 6.3 years of its operating earnings (EBITDA), down from 8.0 years 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).
VNET Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.7 | Oversold |
| Stochastic | 3.9 | Oversold |
VNET's weekly RSI is 25 (oversold) and its Stochastic is 4 (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.
VNET PE vs Technology Sector
| Metric | VNET | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
VNET 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 VNET on trend strength, trading above more of its moving averages.
VNET Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.30 | 28% below |
| 20 week MA | $5.98 | 48% below |
| 50 week MA | $8.15 | 62% below |
| 100 week MA | $8.04 | 62% below |
| 200 week MA | $5.47 | 44% below |
VNET is in a downtrend: it's below all five of its weekly moving averages, and 44% 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 VNET on returns for 2026, with the stronger performance.
VNET Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.41 | $32.4 | +405% |
| 2021 | $32.4 | $9.15 | -72% |
| 2022 | $9.15 | $5.64 | -38% |
| 2023 | $5.64 | $2.87 | -49% |
| 2024 | $2.87 | $4.27 | +49% |
| 2025 | $4.27 | $8.69 | +104% |
| 2026 YTD | $8.69 | $3.09 | -64% |
VNET's yearly returns have swung widely, from +405% in 2020 to −72% in 2021. It's down 64% so far in 2026.