On Nov 3, AMD reported third-quarter revenue up 45% to $13.4 billion and expects 2027 revenue to rise over 80%, lifting shares about 7.5% in after-hours trading to roughly $520. The stock later slipped to around $490, about 25% below the $649.42 record close on Oct 6. Data center revenue rose 97% to a record $8.5 billion, but third-quarter free cash flow fell to $554 million as inventory climbed to $11.5 billion. Analysts expect 2027 adjusted EPS of about $16, putting the stock at roughly 31 times that forecast, and the author says he would not pay much more than around 30 times, or about $480. He is more confident in the 2027 outlook but sees the stock as worth considering for a small position only at or below $480.
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AMDearningsvaluationsemiconductorsdata centers
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/04/2026 | 200.28 |
| Change that session | -3.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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