AMD is set to report Q4 earnings with expectations of revenue and earnings growth

From Nasdaq: 2025-01-30 12:12:00

Advanced Micro Devices (AMD) is set to release its fourth-quarter 2024 results on Feb. 4. Expectations are for revenues of $7.5 billion with a 22% year-over-year growth. The Zacks Consensus Estimate for earnings is $1.07 per share, indicating a 38.96% increase. AMD’s Data Center segment is expected to see significant revenue growth.

In the Data Center segment, AMD anticipates impressive year-over-year growth of 79.71%. Sales of data center chips have been strong, with record revenues in the third quarter. The Client segment is also expected to grow, driven by demand for Zen 5 processors. However, weakness in the Embedded and Gaming segments may impact Q4 results.

AMD’s stock performance has been underwhelming, losing 31.2% in the past year. The company’s Value Score is low, and it trades above industry price/sales ratios. The stock is currently below its moving averages, indicating a bearish trend. Despite strategic acquisitions and partnerships, AMD faces competition from NVIDIA.

With a Growth Score of D and a Zacks Rank #4 (Sell), AMD may not be attractive to growth-oriented investors. The company’s expanding portfolio and acquisitions could boost growth in Q4. However, challenges in certain segments and competition remain. Investors should approach AMD with caution.



Read more at Nasdaq: AMD Gears Up to Report Q4 Earnings: Buy, Sell or Hold the Stock?