AMD stock closed higher but underperformed the S&P 500, set to announce earnings soon.

From Nasdaq: 2025-01-21 17:45:21

Advanced Micro Devices (AMD) closed at $122.28, up 0.68% from the previous day, trailing the S&P 500. The stock fell 2.52% in the past month, underperforming the Computer and Technology sector. AMD is set to announce earnings on February 4, with projected EPS of $1.07 and revenue of $7.52 billion.

Analysts are closely watching AMD’s upcoming earnings release, with estimates showing a 38.96% increase in EPS compared to last year. Positive analyst revisions indicate confidence in the company’s performance. The Zacks Rank system, with AMD currently at #3 (Hold), has a strong track record of outperforming, with no recent changes in EPS estimates.

AMD’s valuation includes a Forward P/E ratio of 24.88 and a PEG ratio of 0.91, indicating expected earnings growth. The Computer – Integrated Systems industry, where AMD operates, has a Zacks Industry Rank of 151, placing it in the bottom 40% of industries. Industry strength is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half.

Experts have identified 7 top stocks, including AMD, as the “Most Likely for Early Price Pops.” These hand-picked stocks have historically outperformed the market. Investors can access these recommendations and stay updated on stock-impacting metrics on Zacks.com.



Read more at Nasdaq: Advanced Micro Devices (AMD) Gains But Lags Market: What You Should Know