Will AMD Stock Climb on Strong Data Center Revenues in Q1 Earnings?
From NASDAQ.: 2025-05-05 11:17:00
Advanced Micro Devices (AMD) is set to release its first-quarter results on May 6, with expectations of strong Data Center revenues. The Zacks Consensus Estimate for Data Center revenues is $3.4 billion, a 47.5% year-over-year increase. AMD’s expanding portfolio and collaborations contribute to this growth.
In addition to Data Center revenues, AMD’s Client segment is expected to see growth in the first quarter. Higher demand for AMD Ryzen processors and partnerships with companies like Dell are driving this growth. The Zacks Consensus Estimate for Client segment revenues is $2.04 billion, a 49.34% year-over-year increase.
However, AMD’s Gaming and Embedded segments are expected to decline in the first quarter. The Gaming segment is forecasted to decline by 38.1%, while the Embedded segment is expected to decrease by 0.9% year-over-year. These declines are attributed to various market factors affecting sales in these segments.
With a positive Earnings ESP of +0.74% and a Zacks Rank #3, AMD is positioned for a potential earnings beat. Investors may also consider other companies like Affirm (AFRM), StoneCo (STNE), and Baidu (BIDU) for potential earnings surprises in their upcoming releases. These companies have favorable Earnings ESP and Zacks Rank combinations.
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