What Advanced Micro Devices (AMD) Investors Need to Know

Large-cap technology company Advanced Micro Devices has moved -2.1% this afternoon, reaching $117.35 per share. In contrast, the average analyst target price for the stock is $129.18.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company is based in the United States.

What to Consider if You Are Thinking of Buying Advanced Micro Devices:

  • Advanced Micro Devices has moved 61.0% over the last year.

  • AMD has a forward P/E ratio of 31.5 based on its EPS guidance of 3.73.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of -28.3%.

  • The company has a price to earnings growth (PEG) ratio of 4.62.

  • Its Price to Book (P/B) ratio is 3.45

Advanced Micro Devices Has Generally Positive Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 2,397,000 530,000 1,867,000 -40.06
2022 3,565,000 450,000 3,115,000 -3.26
2021 3,521,000 301,000 3,220,000 314.41
2020 1,071,000 294,000 777,000 181.52
2019 493,000 217,000 276,000 313.95
2018 34,000 163,000 -129,000

Advanced Micro Devices's free cash flows are strong in the aggregate, since they average out to $1.52 Billion over the last 6 years. But they are highly variable since their coefficient of variability is 132.4%. The compounded average growth rate for this period stands at 57.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.