Advanced Micro Devices (AMD)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-10-29
$566.42-2.08%
Close 2026-10-29 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-10-29
Research Workspace
Put AMD beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Semiconductors is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 40% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 28% in its worst 12-month stretch.
View RiskAMD’s AI infrastructure growth must compound to support its valuation. Revenue growth accelerated from 38% to 50%, with both quarters beating. AMD trades at 23× sales versus an 8.7× peer median, despite modest expectations versus our forecast. The peer premium has to be earned amid possible AI customer funding constraints. Our model puts the next-quarter miss probability near 12%. Peer multiples imply a price about 59% below where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-29. AMD is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 56 analysts currently covering AMD (as of Oct 2026).
Based on 20 Wall Street analysts offering 12-month price targets for AMD in the last 4 months.
Continue this research
Compare AMD with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| AMD Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Semiconductors — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put AMD next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Expand strategic partnerships in AI and cloud
First GSI deployment under an AI compute deal demonstrates partnership execution and expands AMD AI adoption.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $566.42
The last 12 months of price, then the range of analyst 12-month targets from today’s $566.42.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Expand strategic partnerships in AI and cloud
HGS's selection of Rackspace for AMD-powered private AI infrastructure supports ecosystem partnerships and AI demand.
Advances: Expand strategic partnerships in AI and cloud
Reported AMD investment tied to Meta’s AI spending strengthens strategic alignment, though details and execution remain uncertain.
Advances: Expand strategic partnerships in AI and cloud
Reported $1 billion investment and Meta deployment suggest deeper AI partnership, but headline alone leaves confirmation unclear.
Advances: Accelerate AI infrastructure growth
New regional AI infrastructure builds support expansion, though the headline provides limited details.
Threatens: Expand strategic partnerships in AI and cloud
Nvidia’s win displaces AMD from a previously exclusive customer relationship, challenging AI partnership expansion.
Advances: Accelerate AI infrastructure growth
Reported rack redesign targets integrated data-center AI infrastructure growth.
Advances: Expand strategic investments and capital allocation
Reported $8.2 billion talent acquisition materially expands AI capabilities and investment.
