Stock Deep Dive · 2026-08-04
AMD (AMD) closed at $518.58, up 7.00% on the day. Year-to-date return is +142.1%, sitting at 85% of its 52-week range. Earnings for the quarter were reported on 2026-08-04.
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Close
$518.58
+7.00% · YTD +142.1%
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Market Cap
$845.60B
Semiconductors
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Forward P/E
37.3x
PER 168.8x
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52-wk Range
85%
High $584.73 · Low $149.22
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🔍 At a Glance
AMD is riding a genuine AI-driven growth story — quarterly revenue up 37.8% YoY, Data Center revenue reportedly more than doubling to $6.7B, and shares up 142.1% YTD with a “strong buy” consensus from 47 analysts (average target 579.11). But the valuation is stretched by almost any measure — trailing PER of 168.8, EV/EBITDA above 105, PBR of 13.4 — while ROE sits at a modest 8.1% and the stock just fell 6.1% over the past month, suggesting the market is pricing in flawless execution.
🏢 How It Makes Money
AMD designs and sells semiconductors across three segments: Data Center (AI accelerators, EPYC server chips), Client and Gaming (Ryzen CPUs, Radeon GPUs), and Embedded (FPGAs, adaptive SoCs via its Xilinx lineup). The Data Center segment is now the key growth engine as AI infrastructure spending accelerates, while Client and Gaming provides steadier, more cyclical PC and console-linked revenue.
📈 Quarterly Results — Is Business Growing?
| Quarter | Revenue | Op. Income | Net Income | Op. Margin |
|---|---|---|---|---|
| 25Q2 | $7.68B | $-134M | $872M | -1.7% |
| 25Q3 | $9.25B | $1.27B | $1.24B | 13.7% |
| 25Q4 | $10.27B | $1.75B | $1.51B | 17.1% |
| 26Q1 | $10.25B | $1.48B | $1.38B | 14.4% |
| 26Q2 | $11.54B | $1.99B | $2.30B | 17.3% |
Latest-quarter revenue up +50.1% versus the same quarter a year ago.
💡 Korea Market 101
⚖️ Valuation — Cheap or Expensive?
| Metric | Value | How to read it |
|---|---|---|
| P/E (trailing) | 168.8x | Price vs last 12 months’ earnings |
| P/E (forward) | 37.3x | Price vs next 12 months’ expected earnings — growth hopes baked in |
| P/S | 22.6x | Price vs revenue — for high-growth names with thin profits |
| P/B | 13.4x | Price vs book value — below 1x means priced under liquidation value |
| PEG | 1.1x | P/E ÷ growth — near 1 is fair for the growth; above 2 is demanding |
| EV/EBITDA | 105.2x | Enterprise value (incl. debt) vs cash generation |
Peer comparison
| Name | Mkt Cap | P/E | Fwd P/E | P/S |
|---|---|---|---|---|
| Advanced Micro Devices, Inc. | $845.60B | 172.9x | 37.3x | 22.6x |
| NVIDIA Corporation | $5,133.40B | 32.5x | 16.4x | 20.3x |
| Intel Corporation | $508.74B | — | 49.1x | 8.9x |
| Broadcom Inc. | $1,989.43B | 69.7x | 21.5x | 26.4x |
💡 Korea Market 101
🎯 Street Consensus
- Price target (mean): $579.11
- Target high / low: $1,250.00 / $320.00
- Implied upside: +11.7%
- Rating: Strong Buy (1.5/5)
- Analysts covering: 47
- Last earnings: 2026-08-04 — reported
💡 Korea Market 101
📉 Price Action — Technical Check
| Indicator | Value | How to read it |
|---|---|---|
| RSI (14d) | 48.4 | Above 70 overbought · below 30 oversold |
| vs 60-day MA | +3.3% | Above/below the medium-term trend |
| vs 200-day MA | +64.9% | Above/below the long-term trend |
| Golden/death cross | 50-day above 200-day (bullish alignment) | 50-day MA crossing above (golden) or below (death) the 200-day |
| Volume (vs 20d avg) | 1.3x | 2x+ means a spike in market attention |
💡 Korea Market 101
📰 Recent News
- AMD earnings are out and the stock is falling. Here’s what to know. — MarketWatch
- Microsoft CEO Satya Nadella Just Announced Great News for AMD Stock Investors — The Motley Fool
- AMD Shares Fall 8% as Elon Musk Commits to Nvidia Chips for SpaceX — WSJ
- AMD earnings are a key test for chips and momentum stocks. Here’s what the options market is saying — CNBC
- Why AMD Stock Popped Today — The Motley Fool
- AMD Data Center Revenue More Than Doubles to $6.7B in Q2 — stocktitan.net
How to read these headlines
The headlines reveal a tug-of-war between AI-fueled optimism — Microsoft’s endorsement and doubled Data Center revenue — and competitive anxiety, as Elon Musk’s SpaceX chip commitment to Nvidia knocked shares down 8%. This tension captures the core investment question: whether AMD can convert AI infrastructure demand into durable market share against Nvidia’s dominance, a dynamic that will directly shape whether today’s premium valuation is sustainable or vulnerable to disappointment.
Headlines are credited to their publishers — click a headline to open the original article. The commentary is written by this site and does not represent the views of any publisher.
💡 Korea Market 101
🔭 Scenarios & What to Watch
Bull case: continued Data Center momentum, expanding AI accelerator design wins (including hyperscaler partnerships), and margin improvement toward peer levels could justify the premium multiple. Bear case: any slippage in AI GPU share versus Nvidia, soft PC/gaming demand, or margin disappointment could trigger sharp drawdowns given how much growth is already priced in — note the stock is 85% up its 52-week range but RSI is a neutral 48.4. Watch the next earnings report closely for Data Center growth trends, gross margin trajectory, and management’s AI roadmap commentary.
💡 Korea Market 101
📚 All stock analysis · More on AMD · Market report for this session
Stock report · published 2026-08-05 07:25 KST
For information only — a summary of public data, not a recommendation to buy or sell any security. Source data (Yahoo Finance and others) may be delayed or contain errors. All investment decisions are your own responsibility.
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