ADVANCED MICRO DEVICES INC (AMD) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ADVANCED MICRO DEVICES INC Do?
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California. ADVANCED MICRO DEVICES INC (AMD) is classified as a mega-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Lisa T. Su and employs approximately 25,000 people, headquartered in SANTA CLARA, California. With a market capitalization of $329.3B, AMD is one of the largest companies in the Technology sector.
ADVANCED MICRO DEVICES INC (AMD) Stock Rating — Hold (April 2026)
As of April 2026, ADVANCED MICRO DEVICES INC receives a Hold rating with a composite score of 48.4/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.AMD ranks #812 out of 4,446 stocks in our coverage universe. Within the Technology sector, ADVANCED MICRO DEVICES INC ranks #62 of 585 stocks, placing it in the top quartile of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AMD Stock Price and 52-Week Range
ADVANCED MICRO DEVICES INC (AMD) currently trades at $217.50. The 52-week high for AMD is $267.08, which means the stock is currently trading -18.6% from its annual peak. The 52-week low is $76.48, putting the stock 184.4% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.
Is AMD Overvalued or Undervalued? — Valuation Analysis
ADVANCED MICRO DEVICES INC (AMD) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 95.33x, compared to the Technology sector average of 43.70x — a premium of 118%. The price-to-book ratio stands at 5.44x, versus the sector average of 3.12x. The price-to-sales ratio is 10.99x, compared to 1.08x for the average Technology stock. On an enterprise value basis, AMD trades at 128.55x EV/EBITDA, versus 12.11x for the sector.
Overall, AMD's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ADVANCED MICRO DEVICES INC Profitability — ROE, Margins, and Quality Score
ADVANCED MICRO DEVICES INC (AMD) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 5.7%, compared to the Technology sector average of -1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 4.7% versus the sector average of -1.0%.
On a margin basis, ADVANCED MICRO DEVICES INC reports gross margins of 48.0%, compared to 51.2% for the sector. The operating margin is 8.4% (sector: -0.6%). Net profit margin stands at 11.4%, versus -1.6% for the average Technology stock. Revenue growth is running at 58.5% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
AMD Debt, Balance Sheet, and Financial Health
ADVANCED MICRO DEVICES INC has a debt-to-equity ratio of 22.0%, compared to the Technology sector average of 44.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.85x, indicating strong short-term liquidity. Total debt on the balance sheet is $3.22B. Cash and equivalents stand at $4.81B.
AMD has a beta of 2.01, meaning it is more volatile than the broader market — a $10,000 investment in AMD would be expected to move 101.0% more than the S&P 500 on any given day. The stability factor score for ADVANCED MICRO DEVICES INC is 38/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
ADVANCED MICRO DEVICES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, ADVANCED MICRO DEVICES INC reported revenue of $31.19B and earnings per share (EPS) of $2.67. Net income for the quarter was $3.60B. Gross margin was 48.0%. Operating income came in at $2.67B.
In FY 2025, ADVANCED MICRO DEVICES INC reported revenue of $34.64B and earnings per share (EPS) of $2.67. Net income for the quarter was $4.33B. Gross margin was 49.5%. Revenue grew 34.3% year-over-year compared to FY 2024. Operating income came in at $3.69B.
In Q3 2025, ADVANCED MICRO DEVICES INC reported revenue of $9.25B and earnings per share (EPS) of $0.76. Net income for the quarter was $1.24B. Gross margin was 51.7%. Revenue grew 35.6% year-over-year compared to Q3 2024. Operating income came in at $1.27B.
In Q2 2025, ADVANCED MICRO DEVICES INC reported revenue of $7.68B and earnings per share (EPS) of $0.54. Net income for the quarter was $872M. Gross margin was 39.8%. Revenue grew 31.7% year-over-year compared to Q2 2024. Operating income came in at $-134M.
Over the past 8 quarters, ADVANCED MICRO DEVICES INC has demonstrated a growth trajectory, with revenue expanding from $5.83B to $31.19B. Investors analyzing AMD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AMD Dividend Yield and Income Analysis
ADVANCED MICRO DEVICES INC (AMD) does not currently pay a dividend. This is common among growth-oriented companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
AMD Momentum and Technical Analysis Profile
ADVANCED MICRO DEVICES INC (AMD) has a momentum factor score of 65/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.
AMD vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, ADVANCED MICRO DEVICES INC (AMD) ranks #62 out of 585 stocks based on the Blank Capital composite score. This places AMD in the top quartile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.2/100, NCR Atleos Corp (NATL) with a score of 48.8/100, Motorsport Games Inc. (MSGM) with a score of 49.8/100, STMicroelectronics N.V. (STM) with a score of 50.8/100, and VERISIGN INC/CA (VRSN) with a score of 55.2/100.
Comparing AMD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMD vs S&P 500 (SPY) comparison to assess how ADVANCED MICRO DEVICES INC stacks up against the broader market across all factor dimensions.
AMD Next Earnings Date
No upcoming earnings date has been announced for ADVANCED MICRO DEVICES INC (AMD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AMD? — Investment Thesis Summary
ADVANCED MICRO DEVICES INC presents a balanced picture with arguments on both sides. Price momentum is positive at 65/100, suggesting the trend favors buyers. High volatility (stability score 38/100) increases portfolio risk.
In summary, ADVANCED MICRO DEVICES INC (AMD) earns a Hold rating with a composite score of 48.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMD stock.
Related Resources for AMD Investors
Explore more research and tools: AMD vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMD head-to-head with peers: AMD vs IHS, AMD vs NATL, AMD vs MSGM.