"AMD's Rise: Investors Seek AI Dominance and Big Stock Moves"

1 min read
Source: Yahoo Finance
"AMD's Rise: Investors Seek AI Dominance and Big Stock Moves"
Photo: Yahoo Finance
TL;DR Summary

Advanced Micro Devices (AMD) has been one of the most searched stocks recently, with its shares returning +17% over the past month. The company's future direction is influenced by factors such as revisions to earnings estimates, revenue growth forecast, last reported results, surprise history, and valuation. For the current quarter, AMD is expected to post earnings of $0.77 per share, with a consensus estimate of $2.65 for the current fiscal year. The consensus sales estimate for the current quarter is $6.12 billion, indicating a year-over-year change of +9.2%. AMD has a Zacks Rank #3 (Hold) and is trading at a premium to its peers.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

88%

873104 words

Want the full story? Read the original article

Read on Yahoo Finance