Advanced Micro Devices (AMD) Advances But Underperforms Market: Key Facts
From Nasdaq: 2025-03-05 17:45:18
Advanced Micro Devices (AMD) closed at $101.67, up 0.91% from the previous day, underperforming the S&P 500. Analysts expect earnings of $0.93 per share and revenue of $7.11 billion in the upcoming report. The Zacks Rank system suggests a Hold rating for AMD, with a Forward P/E ratio of 21.95 and PEG ratio of 0.85.
Zacks names a top semiconductor stock with strong growth potential in AI, ML, and IoT. The global semiconductor market is projected to reach $803 billion by 2028. Investors can access free stock analysis reports and recommendations from Zacks Investment Research. For more information, visit Zacks.com.
Investors should monitor AMD’s performance using Zacks.com for upcoming trading sessions. The Computer – Integrated Systems industry has an average PEG ratio of 1.5 and ranks within the top 28% of over 250 industries. Industry rankings show that top-rated industries outperform the bottom half by a 2 to 1 factor.
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