AMD (AMD) Stock Price

Financial Performance

AMD's financial performance shows strong growth, with a revenue of $7.7B in the last quarter, marking an increase of 12.3% from the previous quarter and a significant rise of 39.9% YoY. The gross profit stood at $3.9B, indicating an upward trend of 13.5% QoQ and 39.1% YoY respectively. The operating income profit also demonstrated impressive growth at $871M, up by 20.3% QoQ and a massive leap of 2319.4% YoY.

The EBITDA ratio for the last quarter was noted to be at a healthy level of 0.22.

Stock Price & Technical Analysis

The current trading price for AMD is $167.76 with an increase of about 7.8% over the past month and an annual increment rate of approximately 8.2%. This indicates that the stock has been performing well above its average rate.

In terms of technical indicators, the RSI value stands at around mid-range (47.85), suggesting that it is neither overbought nor oversold currently which might indicate potential stability in pricing trends going forward.

The stock's current price exhibits a substantial premium compared to its long-term trend as represented by its high PE ratio (100) and significantly higher than its moving average ($124). This could suggest investor optimism about future earnings growth.

Alternative Data Signals

AMD's web traffic has seen mild fluctuations but remains robust overall with approximately twelve million visitors per month on average.The number of job openings remain steady at AMD indicating stable hiring activity while employee sentiment towards business outlook appears to be quite positive at 80%.

AMD's social media presence is extensive and growing across various platforms including Twitter, Instagram, Facebook, and TikTok. This could suggest a high level of brand awareness and engagement among users which might indirectly influence the stock's performance.

Conclusion

In conclusion, AMD has demonstrated strong financial performance with consistent growth in revenue and profit margins while its stock price maintains an upward trend. The alternative data signals also present a positive picture with steady web traffic, stable hiring activity, positive employee sentiment, and growing social media presence. Hence the AI analysis indicates a bullish outlook for AMD's stock.

Note: This AI Stock Analysis is based on data as of August 23. Our members can refresh and get access to an up-to-date AI stock analysis.

Sign up

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of AMD (AMD), currently trading at $163.7, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.