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Advanced Micro Devices Inc (AMD) fair value: what the stock is really worth

As of Nov 5, 2026: fair value (intrinsic value) of Advanced Micro Devices Inc stock $148, price $404, that is 63.4% below the price, quality 75 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.

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Technology US

AM Advanced Micro Devices Inc logo Some data Nov 6, 2026

Advanced Micro Devices Inc

AMD · US
Strong quality, but very expensive

Our calculation puts a fair price 63% below what the stock costs today.

Quality 75/100
Healthy Growth (revenue 5y +28.8 %/yr in USD)
Solidly profitable · 16.8% net margin (TTM)
Low debt
Generates free cash flow
Wide moat 67/100
Last quarter vs. a year ago: revenue +45%, profit +94%.
Mixed vs. peers (8/14)
Insiders sold $262.0M (6M)
Some data
Fair value $148.02 · Strongly overvalued (−63.4%)
⟳ CyclicalQuality growth

Risks from the AI analysis

🚩Hyperscaler custom ASICs displace GPUs🚩Heavy reliance on TSMC for wafers
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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$649.42 $55.94 Fair Value $148.02 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range $55.94 – $649.42 · fair‑value band $92.82 – $185.02 · the $404.40 price screens above the $148.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.

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Company profile

Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded.

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The company offers artificial intelligence (AI) accelerators, microprocessors, and graphics processing units (GPUs) as standalone devices or as incorporated into accelerated processing units, chipsets, and data center and professional GPUs; and embedded processors and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing units, field programmable gate arrays (FPGA), system on modules, AI network interface cards, and adaptive SoC products.

It provides processors under the AMD Ryzen, AMD Ryzen AI, AMD Ryzen PRO, AMD Ryzen Threadripper, AMD Ryzen Threadripper PRO, AMD Athlon, and AMD PRO A-Series brands; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; professional graphics under the AMD Radeon Pro graphics brand; and AI and general-purpose compute infrastructure for hyperscale providers.

The company offers data center graphics under the AMD Instinct accelerators and Radeon PRO V-series brands; server microprocessors under the AMD EPYC brand; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, and AMD R-Series and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo and Pensando brands.

It serves original equipment and design manufacturers, public cloud service providers, system integrators, distributors, and add-in-board manufacturers. The company was incorporated in 1969 and is headquartered in Santa Clara, California.

Stock analysis

Advanced Micro Devices Inc (AMD) currently trades at $404.40, while our model-based Fair Value estimate is $148.02, 63% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the DCF Models group reads highest at a median of $79.12 per share, and 0 of the 24 models we run sit above the $404.40 price.

Bear case: the Economic Profit group reads lowest at $20.52, and 24 of the 24 models stay below the price. Data coverage for this calculation is medium.

Scenario range: $92.82 (bear) to $185.02 (bull), the price of $404.40 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 75/100 (high quality), in the Technology sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Advanced Micro Devices Inc reported revenue of $34.6B in FY2025 versus $16.4B in FY2021, a compound +20.5%/yr. Reported net income was $4.3B in FY2025, compounding +8.2%/yr from FY2021.

Key figures

Market cap $669B Mega · P/E ratio 86.4 · P/S ratio 14.7 · EPS (TTM) $4.68 · Net margin 16.8% · Return on equity 12.0% · Return on assets (EBIT) 7.9% · Operating margin 21.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (medium confidence).

What moves the price

The share trades about 38% below its 52-week high and 112% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at −63%, AMD screens richer than that median.

Fair Value models

The price assumes far more growth than our models allow for, so the models scatter widely ($7.94 to $88.94). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear $92.82 Fair Value $148.02 Bull $185.02
Price $404.40 · Downside -63.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($3.97 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF $47.25 $79.12 $128.96 78
Growth DCF $46.41 $74.12 $114.64 77
Owner Earnings $28.83 $47.74 $77.32 75
All 24 models by family
DCF Models
FCF DCF $47.25 $79.12 $128.96 78
Owner Earnings $28.83 $47.74 $77.32 75
5Y Revenue Exit $31.25 $48.29 $70.65 72
5Y EBITDA Exit $50.53 $88.49 $136.35 74
5Y P/E Exit $50.75 $88.94 $132.93 70
10Y Revenue Exit $36.23 $53.76 $79.37 66
10Y EBITDA Exit $48.62 $80.96 $130.37 67
10Y P/E Exit $48.75 $81.26 $127.72 63
Earnings-Based
Graham-Dodd $17.97 $87.04 $119.89 64
Lynch FV $23.29 $33.28 $43.26 61
PEG = 1.0 $23.29 $33.28 $43.26 57
EPV $18.28 $20.52 $22.40 74
Multiples
P/E Multiple $55.51 $74.01 $92.51 63
P/S Multiple $33.70 $44.93 $56.17 58
P/B Multiple $58.08 $77.44 $96.80 55
EV/EBIT $41.19 $54.71 $68.22 66
EV/EBITDA $55.78 $74.16 $92.54 67
EV/Revenue $21.15 $29.93 $38.71 54
Asset-Based
NCAV (Graham) $5.24 $7.94 $9.92 55
Growth DCF
Growth DCF $46.41 $74.12 $114.64 77
Rev-Margin DCF $31.25 $48.34 $70.77 72
Economic Profit
Residual Income $29.24 $29.98 $32.41 71
ROIC Compounder $18.28 $20.52 $22.40 72
Growth Earnings
Growth-Adj P/E $42.71 $61.02 $79.32 67

Open the full fair value analysis →

Quality Score breakdown

Overall quality 75/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 40
How much profit the company makes from its sales and capital
Quality Growth 76
Are margins and returns getting better?
Cashflow 83
Do the profits arrive as real cash?
Financial strength 84
Debt, balance sheet and risk of trouble
Investment 83
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 55
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 73
Distance to the 52-week high, does not count
New shares 73
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, 7 officers or directors sold shares worth $262.0M and none bought.

  • SaleForrest Eugene NorrodEVP & GM DSG6× since Nov 19, 2025: 110,171 shares, avg. $390.67$43.0MOct 15, 202610b5-1 plan
  • SaleLisa T SuChair, President & CEO, Director7× since Dec 11, 2025: 695,000 shares, avg. $344.20$239.2MSep 10, 202610b5-1 plan
  • SaleJean X. HuEVP, CFO and Treasurer3× since Nov 24, 2025: 49,462 shares, avg. $286.69$14.2MAug 25, 202610b5-1 plan
  • SaleMark D PapermasterChief Technology Officer & EVP10× since Nov 14, 2025: 142,044 shares, avg. $364.33$51.8MAug 20, 202610b5-1 plan
  • SaleAva HahnSVP, GC & Corporate Secretary4× since Jan 16, 2026: 5,864 shares, avg. $368.32$2.2MAug 18, 202610b5-1 plan
  • SalePaul Darren GrasbyEVP & CSO4× since Dec 4, 2025: 56,876 shares, avg. $391.74$22.3MAug 17, 2026
  • SaleNora DenzelDirector10,447 shares at $522.00$5.5MJun 2, 2026

Plus 32 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 5, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+34.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.8%
Start year 2020 (pandemic). Over 10 years: +24.1% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+6.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.7%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 11%

Growth Forecast

Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+44.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+59.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +41.3% a year for the price and +55.3% for the forecasts.
Forecast 2026 (sales)+47.2%
Forecast 2027 (sales)+76.3%
Projected 2028 (sales)+67.0%
Projected 2029 (sales)+57.7%
Projected 2030 (sales)+48.4%

AMD screens overvalued: fair value 63% below the price. Compare with NVIDIA Corporation →

Note from the team Nov 4, 2026
AI conclusion: Product innovation supports data center growth yet intense semiconductor competition limits returns on equity.
Main risk: Hyperscalers developing their own custom AI accelerators such as Google TPUs or Amazon Trainium could reduce demand for AMD's merchant GPUs and lower prices or margins in the data center segment.
Bull case: AMD could deepen co-design partnerships with hyperscalers or expand into custom silicon services itself, turning the ASIC shift into additional revenue streams while leveraging its CPU and software strengths.
Bear case: If hyperscalers shift most AI workloads to captive ASICs and TSMC capacity remains constrained, AMD could lose significant data center share, face margin pressure and struggle to scale its supply commitments.
AMD now derives nearly two-thirds of its revenue from data centers, where sales nearly doubled last quarter on surging demand for its Instinct GPUs and EPYC processors. The company is scaling its first rack-level AI systems while guiding for even faster growth ahead. Our models still see the shares as overvalued. Does the accelerating shift to full AI infrastructure solutions justify that premium or does it leave too little margin for error if spending slows?
Join the discussion →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 370 stocks

Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 75 · Top 25%
Fair Value upside −63.4% · Below median
Profitability
Return on equity (12 months) 12.0% · Above median
Return on assets 5.6% · Above median
Net margin (12 months) 16.8% · Above median
Operating margin (12 months) 21.2% · Above median
Growth and dividend
Revenue growth (quarter YoY) 44.7% · Above median
Balance sheet
Debt / equity 0.04× · Below median

Valuation Multiplesvs Semiconductors median · lower = cheaper

P/E (12 months) 86.4× · Priciest 25%
P/B 10.62× · Priciest 25%
P/S (12 months) 14.73× · Priciest 25%
Price / free cash flow (fiscal year) 99.4× · Priciest 25%
EV/EBITDA 59.8× · Priciest 25%
PEG 0.48× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)100 · sector 100
PAST (return on equity)48 · sector 27
HEALTH (low debt)98 · sector 96
DIVIDEND (yield)0 · sector 21

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Semiconductors stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
SK hynix Inc 000660 1,132,000 KRW 1,501,896 KRW +33% vs AMD
Taiwan Semiconductor Manufacturing Company TSM $353.10 $388.41 +10% vs AMD
NVIDIA Corporation NVDA $181.60 $198.56 +9% vs AMD
Broadcom Inc AVGO $291.53 $300.84 +3% vs AMD
Intel Corporation INTC $52.25 $52.14 +0% vs AMD
Micron Technology, Inc MU $656.39 $619.48 −6% vs AMD
Analog Devices, Inc ADI $361.01 $262.04 −27% vs AMD
Marvell Technology, Inc MRVL $133.55 $87.64 −34% vs AMD
Texas Instruments Incorporated TXN $278.15 $81.25 −71% vs AMD
Arm Holdings ARM $166.72 $45.16 −73% vs AMD

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Advanced Micro Devices Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Advanced Micro Devices Inc Fair Value". https://www.fairvalue-calculator.com/stock/AMD

Frequently asked questions

Is Advanced Micro Devices Inc (AMD) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $148.02 versus a price of $404.40, about 63% lower (overvalued).
What is the fair value of AMD?
Our model-based fair value for Advanced Micro Devices Inc is $148.02 (as of Nov 6, 2026), built from audited fundamentals. The current price: $404.40.
What is the quality score of AMD?
Advanced Micro Devices Inc has a Quality Score of 75/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Advanced Micro Devices Inc (AMD)?
Our model-based price target is the fair value of $148.02 (as of Nov 6, 2026) from 24 valuation models. Cautious scenario $92.82, optimistic scenario $185.02. It is a calculation from audited fundamentals, not an analyst target.
What is the Advanced Micro Devices Inc stock forecast for 2026?
Our models put fair value at $148.02, about 63% lower versus a price of $404.40 (overvalued). Cautious scenario $92.82, optimistic scenario $185.02. The calculation is refreshed regularly with new filings.
What is the revenue of Advanced Micro Devices Inc (AMD)?
Advanced Micro Devices Inc reported trailing-twelve-month revenue of about $45.4B (latest available figure, as of Nov 6, 2026).
What growth is priced into Advanced Micro Devices Inc (AMD)?
For today's price to be fair in a discounted-cash-flow model, Advanced Micro Devices Inc would have to grow free cash flow by +44.6 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +28.8 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of AMD use?
Our models discount Advanced Micro Devices Inc at 10.9 %: a base by market capitalisation (mega), damped by beta 2.54, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Advanced Micro Devices Inc that is +44.6 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has Advanced Micro Devices Inc (AMD) delivered so far?
Over the past 5 years revenue at Advanced Micro Devices Inc grew +28.8 % a year. The price currently implies +44.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Advanced Micro Devices Inc (AMD) growing?
The median revenue growth in the sector is +11.4 % a year. That is the yardstick for the growth priced into Advanced Micro Devices Inc (+44.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Advanced Micro Devices Inc (AMD)?
The free-cash-flow yield on the price is 1.01 %: that much free cash flow Advanced Micro Devices Inc produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Advanced Micro Devices Inc (AMD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Advanced Micro Devices Inc it is $148.02 per share (as of Nov 6, 2026), against a price of $404.40. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Advanced Micro Devices Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, AMD trades above its calculated fair value: price $404.40, fair value $148.02, a gap of about −63% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AMD?
No. The price is what the market pays today ($404.40); the fair value is what the company's own numbers justify ($148.02). For Advanced Micro Devices Inc the two are $256.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is Advanced Micro Devices Inc worth?
The market values Advanced Micro Devices Inc at about $669B (market capitalisation, as of Nov 6, 2026). Per share that is $404.40; our models calculate a fair value of $148.02 per share.
What do the bullish and bearish scenarios say about AMD?
Our models span a range for Advanced Micro Devices Inc: cautious scenario $92.82, base $148.02, optimistic $185.02 per share (as of Nov 6, 2026, price $404.40). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AMD?
Advanced Micro Devices Inc trades at a price-to-earnings ratio of 86.4 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $148.02 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 189.9 (reported for FY2025: 152.6). Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings, 4 of the years ex one-offs: 80.8. Other multiples: PEG 0.5, P/B 10.6, P/S 14.7, EV/EBITDA 59.8.
What is the PEG ratio of AMD?
The PEG ratio of Advanced Micro Devices Inc is 0.48 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Advanced Micro Devices Inc (AMD)?
Balance-sheet figures for Advanced Micro Devices Inc (as of Nov 6, 2026): return on equity 12.0%, debt of 0.04 per unit of equity. They feed the Quality Score of 75/100, which measures business quality independently of the share price.
How far is AMD from its 52-week high?
Advanced Micro Devices Inc trades at $404.40, about 38% below its 52-week high of $649.42 and 112% above the low of $190.95 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $148.02 is for.
Which stocks are comparable to Advanced Micro Devices Inc?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Advanced Micro Devices Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $404.40, calculated fair value $148.02 (−63%), Quality Score 75/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AMD calculated?
We run Advanced Micro Devices Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $148.02, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Advanced Micro Devices Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Advanced Micro Devices Inc (AMD)?
The closing price on Nov 5, 2026 was $404.40. Our model-based fair value is $148.02, about 63% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Advanced Micro Devices Inc right now?
A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case ($185.02). The favourable scenario is already priced in. A fairly wide model range ($92.82 to $185.02) leaves room in how you read the outcome.

Key figures of Advanced Micro Devices Inc

How large is the market capitalisation of Advanced Micro Devices Inc (AMD)?
The market capitalisation of Advanced Micro Devices Inc is $669B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Advanced Micro Devices Inc (AMD)?
The price-to-sales ratio of Advanced Micro Devices Inc is 14.7 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Advanced Micro Devices Inc (AMD)?
Earnings per share at Advanced Micro Devices Inc are $4.68 (price ÷ EPS = P/E 86.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Advanced Micro Devices Inc (AMD)?
The net margin of Advanced Micro Devices Inc is 16.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Advanced Micro Devices Inc (AMD)?
The return on equity (ROE) of Advanced Micro Devices Inc is 12.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Advanced Micro Devices Inc (AMD)?
On an EBIT basis the return on assets of Advanced Micro Devices Inc is 7.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Advanced Micro Devices Inc (AMD)?
The operating margin of Advanced Micro Devices Inc is 21.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Advanced Micro Devices Inc (AMD)?
Revenue at Advanced Micro Devices Inc is growing +44.7% versus a year earlier (3y avg +13.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Advanced Micro Devices Inc (AMD)?
Earnings per share at Advanced Micro Devices Inc are growing +93.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Advanced Micro Devices Inc (AMD) hold?
Advanced Micro Devices Inc holds more cash than debt, $1.1B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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