AMD is set to announce Q4 results expecting a 49.2% increase in non-GAAP profit
From Nasdaq: 2025-01-13 05:23:05
- Advanced Micro Devices, Inc. (AMD) is valued at $188.3 billion and is set to announce its fourth-quarter results on Feb. 4, with analysts expecting a non-GAAP profit of $0.88 per share, a 49.2% increase from the previous year.
- Analysts predict AMD’s adjusted EPS to reach $2.54 in fiscal 2024, a 27.6% rise from the previous year, and $4.15 in fiscal 2025, a 63.4% increase year-over-year.
- AMD’s stock prices have dropped 21.9% in the past year, underperforming the XLK and S&P 500 Index, despite strong Q3 earnings and revenue growth in the Data Center and Client segments.
- However, AMD’s Q3 results led to a stock price decline of 10.6% due to lower-than-expected Q4 revenue guidance, impacting the Gaming and Embedded segments and facing competition from NVIDIA Corporation. Analysts maintain a consensus "Strong Buy" rating with a mean price target of $185.86.
Read more at Nasdaq: What to Expect from Advanced Micro Devices’ Next Quarterly Earnings Report