Advanced Micro (AMD) reported earnings 30 days ago. What's next for the stock?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
Advanced Micro Devices stock has pulled back despite delivering a transformative AI partnership with Meta, bidding to edge out Nvidia's entrenched CUDA ecosystem. The partnership offers much more clarity on AMD's 35% revenue CAGR through the decade and $20 EPS medium-term, banking on such marquee deals to accelerate AI chip share gains. Despite offering substantial equity to Meta, I see the market rewarding AMD's faster growth prospects and execution, justifying a premium multiple over Nvidia.
Advanced Micro Devices, Inc. offers compelling value, trading at a forward P/E -55% below the sector median and -45% below its five-year average. Consensus among 43 analysts for 2026–2028 is overwhelmingly positive, with AMD positioned at the forefront of the intelligent compute supercycle. I conservatively forecast $11 normalized EPS in FY27 and a P/E of 30 for AMD, implying a $330 price target and 67% upside by December 2026.
Advanced Micro Devices Inc (NASDAQ:AMD) has not been spared from the recent tech rout.
Advanced Micro Devices, Inc. (AMD) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
The AI PC market is poised for explosive growth, projected to expand at a compound annual growth rate (CAGR) of 30% from 2025 to 2034, surging from $91.2 billion in 2025 to nearly $967 billion by the end of the forecast period.
Advanced Micro (AMD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) reported decision to scrap its second-generation Olympus AI accelerator could reinforce the dominance of established GPU suppliers while highlighting the execution risks tied to custom silicon development. According to a report by The Information, the company has stepped away from its in-house chip design effort, marking a potential strategic pivot in how it sources compute power for artificial intelligence workloads.
Advanced Micro Devices (AMD) stock has dropped by 20.8% in under a month, decreasing from $252.74 on January 28, 2026, to $200.21 currently. What lies ahead?
The evolving tariff landscape is reshaping market leadership in ways that extend well beyond traditional winners and losers. That intersection between policy shifts, economic uncertainty, and innovation ties together the broader investment narrative shaping markets today. The most compelling opportunities now appear in areas ranging from precious metals to dominant platforms and key suppliers within the AI ecosystem.