AMD stock closed 1.03% lower, outperforming sector but trailing S&P 500
From Nasdaq: 2025-03-18 17:45:17
In the latest trading session, Advanced Micro Devices (AMD) closed at $103.51, down 1.03% from the previous day. The chipmaker’s shares have fallen by 7.52% over the last month, outperforming the Computer and Technology sector but trailing the S&P 500. Market watchers anticipate AMD’s upcoming financial results, expecting an EPS of $0.93 and revenue of $7.11 billion, both showing significant increases from the previous year.
Analysts are forecasting AMD to report earnings of $4.59 per share and revenue of $31.87 billion for the full year, representing positive growth compared to last year. Investors should consider recent analyst estimate revisions for AMD, as they can impact stock prices. The Zacks Rank system, which rates AMD as a Hold (#3), has a history of exceeding expectations and delivering strong returns.
Advanced Micro Devices currently has a Forward P/E ratio of 22.78, higher than the industry average of 14.49. The company’s PEG ratio of 0.89 indicates a favorable earnings growth trajectory. The Computer – Integrated Systems industry, where AMD operates, has a Zacks Industry Rank of 139, placing it in the bottom 45% of all industries. Stay informed about stock movements by utilizing Zacks.com for real-time metrics.
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Read more at Nasdaq: Advanced Micro Devices (AMD) Stock Moves -1.03%: What You Should Know
