AMD

Advanced Micro Devices, Inc.

Fundamental data last updated:September 6, 2026

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company profile

SECTOR

Technology

industry

Semiconductors

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

11/03/2026

Business Summary

Advanced Micro Devices, Inc. (AMD), established in 1969 and headquartered in Santa Clara, California, operates as a global leader in the semiconductor industry. The company organizes its extensive operations into two primary segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom. In its Computing and Graphics division, AMD develops a range of products including x86 microprocessors (often as accelerated processing units), chipsets, and various graphics processing units (GPUs), encompassing discrete, integrated, data center, and professional variants, alongside providing development services. The Enterprise, Embedded and Semi-Custom segment focuses on server and embedded processors, bespoke System-on-Chip (SoC) products, and foundational technology for popular game consoles, also offering associated development support. AMD's diverse product lineup features processors for desktop and notebook personal computers under well-known brands such as AMD Ryzen, Ryzen PRO, Ryzen Threadripper, Threadripper PRO, AMD Athlon, Athlon PRO, AMD FX, AMD A-Series, and PRO A-Series. Discrete GPUs for these PCs are offered through the AMD Radeon graphics and AMD Embedded Radeon graphics brands, while professional graphics solutions include AMD Radeon Pro and AMD FirePro. Furthermore, the company provides high-performance accelerators for servers, including Radeon Instinct, Radeon PRO V-series, and AMD Instinct, along with AMD EPYC microprocessors designed for server environments. Its embedded processor solutions span multiple brands, such as AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series. AMD also produces chipsets under its own trademark and crafts customer-specific solutions leveraging its CPU, GPU, and multimedia expertise, including specialized semi-custom SoC products. AMD reaches its wide array of clients, which comprise original equipment manufacturers (OEMs), public cloud service providers, original design manufacturers (ODMs), system integrators, independent distributors, online retailers, and add-in-board manufacturers. The company's sales and distribution network includes its direct sales force, independent distributors, and dedicated sales representatives.

 


VALUATION

P/E

121.06

Market Cap ($M USD)

$778.73B

Forward P/E

11.23

PEG

0.01

PRICE TO SALES

18.85

PRICE TO BOOK

11.59

EV / EBITDA

72.58

5-Year Average P/E

Free Cash Flow Yield

1.08%

DCF Value

$47.96

Graham Number

$60.48

Price to FCF

92.67

EV to FCF

92.58

Earnings Yield

0.83%

FCF Yield

1.08%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.94

Next Year EPS Growth Estimate

$42.54

Next Year Revenue Growth Estimate

$237.78B

Return on Equity (ROE)

10.07%

FREE CASH FLOW

Operating Margin

15.71%

Debt-to-Equity

0.07

Piotroski F-Score

8

Altman Z-Score

27.05

Return on Invested Capital (ROIC)

8.96%

Current Ratio

2.61

Quick Ratio

1.91

Net Debt to EBITDA

-0.08

Interest Coverage

44.14

Gross Profit margin

53.20%

FCF PER SHARE

$5.15

REVENUE PER SHARE

$25.32

Gainseekers Quantitative Analysis

Summary

AMD’s valuation is a paradox wrapped in silicon. Despite a staggering Price/Earnings ratio of 116.51, the market seems to have priced it for perfection, yet the Forward P/E of 10.80 suggests a more grounded future. The Altman Z-score of 27.77 signals robust financial health, indicating negligible bankruptcy risk. However, the stock’s Snapshot Price was dramatically extended above its DCF Value and Graham Number, hinting at potential overvaluation. The Earnings Yield of 0.86% is underwhelming, suggesting the stock might not be the cash cow investors hope for.

AI Exposure / Tech Reliance

In the rapidly evolving semiconductor industry, AMD is strategically positioned to capitalize on AI and modern tech shifts. Its focus on high-performance computing and graphics solutions aligns well with the increasing demand for AI-driven applications. This positioning ensures AMD remains a critical player in the tech ecosystem.

The Bull Case

For the value-driven investor, AMD offers compelling reasons to buy. With a Piotroski F-Score of 8, the company demonstrates strong financial health and operational efficiency. The ROIC of 8.96% and a solid Operating Margin of 15.71% highlight its ability to generate returns on invested capital. Despite a modest FCF Yield of 1.12%, AMD's pricing power and capital efficiency make it an attractive prospect for those seeking growth at a reasonable price.

The Bear Case

Yet, the stock is not without its pitfalls. The Price/Sales ratio of 18.14 and Price/Book of 11.15 suggest a valuation that is stretched thin. The EV to EBITDA multiple of 69.85 further underscores this overextension. While debt levels are commendably low, the technical overextension near its 52-week high raises concerns about potential downside risk. Investors should tread carefully, as the market's exuberance may not be sustainable.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$594.04

Institutional Ownership %

1-Year Beta

2.49

Insider Buying % (6 Mo)

Distance to 52-Week High

22.44%

Distance to 52-Week Low

68.75%

EARNINGS SURPRISE %

2.47%

50-DAY SMA

$500.37

200-DAY SMA

$339.81

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.