Buy the Spike in AMD Stock After Q1 Earnings?

From Nasdaq: 2025-05-08 16:07:00

AMD stock has risen 5% following a strong Q1 performance, reaching $7.43 billion in sales and beating estimates. The company’s consistent growth trend continues, with Q1 EPS up 55% to $0.96. Despite a 15% YTD drop in stock value, AMD remains a key player in AI GPUs, though analysts suggest a cautious approach due to tariffs and trade war impacts.

AMD’s revenue guidance for Q2 includes a 27% growth projection, despite an estimated $700 million revenue reduction from export license requirements. Full-year estimates show a 21% increase in sales for fiscal 2025 to $31.31 billion. AMD stock, currently a Zacks Rank #3, may see more upside pending earnings estimate revisions and trade war developments.

Experts recommend keeping an eye on AMD stock post-earnings bump, as it may offer potential for early price pops. The company remains a strong player in the market, with AMD stock holding a Zacks Rank #3. For the latest stock recommendations, consider downloading the 7 Best Stocks for the Next 30 Days report from Zacks Investment Research.



Read more at Nasdaq: Buy the Spike in AMD Stock After Q1 Earnings?