AMD
Advanced Micro Devices, Inc.
AMD has the edge over WEX overall, supported by stronger fundamentals and stronger modeled upside.
WEX
WEX Inc.
WEX has 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.
WEX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Weak | |
| Weak |
WEX's revenue and profitability are currently healthy, but its cash flow and balance sheet are weak.
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.
WEX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7.9x | $179 | — |
| Current | 15x | $179 | — |
| Cheap | 19x | $215 | +20% |
| Fair | 28x | $329 | +83% |
| Expensive | 53x | $610 | +240% |
Historical ranges are pointers, not guarantees.
WEX 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.
WEX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for WEX, with profitability improving. 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 WEX on earnings, with more consistent year-over-year improvement.
WEX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $22.68 | +96% |
| Q3 2026 | $11.59 | +51% |
| Q2 2026 | $10.01 | +27% |
| Q1 2026 | $8.88 | +14% |
| Q4 2025 | $8.47 | +13% |
| Q3 2025 | $7.69 | -2.4% |
| Q2 2025 | $7.91 | +37% |
| Q1 2025 | $7.76 | +26% |
| Q4 2024 | $7.50 | +22% |
WEX earned $11.59 per share over the past year, up 51% 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 WEX 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's operating margin was 21% last quarter, up 7.4 points from the same quarter a year ago.
WEX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $780.1M | +13% |
| Q2 2026 | $753.5M | +14% |
| Q1 2026 | $673.8M | +5.8% |
| Q4 2025 | $672.9M | +5.7% |
| Q3 2025 | $691.8M | +4% |
| Q2 2025 | $659.6M | -2.1% |
| Q1 2025 | $636.6M | -2.5% |
| Q4 2024 | $636.5M | -4% |
WEX's revenue has grown year over year for five quarters in a row: $780M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | +4.1 points |
| Q2 2026 | 27% | +3.2 points |
| Q1 2026 | 23% | -1.2 points |
| Q4 2025 | 25% | 0 points |
| Q3 2025 | 27% | -3 points |
| Q2 2025 | 24% | -1.2 points |
| Q1 2025 | 25% | -0.5 points |
| Q4 2024 | 25% | +0.8 points |
WEX 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 WEX on cash generation, producing positive trailing cash flow while its opponent burns cash.
WEX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$58.2M | -117% |
| Q2 2026 | -$121.1M | -153% |
| Q1 2026 | -$368.3M | +$145.9M |
| Q4 2025 | $236.1M | -61% |
| Q3 2025 | $341.6M | +$373.3M |
| Q2 2025 | $230M | +$276.6M |
| Q1 2025 | -$514.2M | -$326.9M |
| Q4 2024 | $599.7M | -17% |
WEX's free cash flow was −$312M over the past year, against $657M 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.
WEX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -300K shares |
| 1 year | -0.6% | -200K shares |
| 3 years | -20% | -8.8M shares |
| 5 years | -24% | -10.7M shares |
| Available history | -21% | -9.2M shares |
WEX has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $203.6M |
| Q2 2026 | $63.8M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $100,000 |
| Q2 2025 | $9.7M |
| Q1 2025 | $790M |
| Q4 2024 | $108.4M |
WEX spent $267M buying back its own shares over the past year, down 71% from 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.
WEX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.7x | High |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 5.0x | High |
| Q4 2025 | 4.3x | High |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 5.1x | High |
| Q1 2025 | 5.3x | High |
| Q4 2024 | 4.0x | High |
WEX's net debt is about 4.7 years of its operating earnings (EBITDA), about the same as 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).
WEX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.2 | Neutral |
| Stochastic | 41.5 | Neutral |
WEX's weekly RSI is 52 (neutral) and its Stochastic is 41 (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.
WEX PE vs Technology Sector
| Metric | WEX | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 28x | 44% below |
| PE % | 1 | 35 | 34 pts below |
WEX 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 WEX on trend strength, trading above more of its moving averages.
WEX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $180.7 | 0.7% below |
| 20 week MA | $181.5 | 1.1% below |
| 50 week MA | $163.9 | 9.5% above |
| 100 week MA | $158.9 | 13% above |
| 200 week MA | $175.3 | 2.4% above |
WEX has slipped below its 8- and 20-week averages, though it's still 2.4% 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 WEX on returns for 2026, with the stronger performance.
WEX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $209.4 | $203.5 | -2.8% |
| 2021 | $203.5 | $137.6 | -32% |
| 2022 | $137.6 | $161.9 | +18% |
| 2023 | $161.9 | $194.6 | +20% |
| 2024 | $194.6 | $173.1 | -11% |
| 2025 | $173.1 | $153.1 | -12% |
| 2026 YTD | $153.1 | $179.5 | +17% |
WEX has finished lower in four of the last six years. It's up 17% so far in 2026.