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That's why investors would do well to look beyond AMD's flat performance in 2024 and consider buying this semiconductor stock, thanks to the potential upside it could deliver in the long run ...
Steve Frankel maintained a Buy rating on Advanced Micro Devices, Inc (NASDAQ:AMD) with a price target of $250. Also Read: Nvidia Secures EU Approval For Run:ai Deal, US Probes China Export Breach
It is worth noting that AMD is now expecting to finish 2024 with at least $5 billion in data center GPU revenue, up from its earlier forecast of $4.5 billion issued in July.
According to Wall Street's consensus forecast (provided by Yahoo!), AMD's EPS could soar 54% to $5.13 during 2025, which places its stock at a forward P/E ratio of just 22.8.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that ...
AMD’s client segment, which includes chips for PCs, generated $2.3 billion for the quarter. Analysts were anticipating revenue of $1.98 billion. The company also saw Gaming revenue of $563 million.
AMD EPS Estimates for Current Fiscal Year data by YCharts.. Consensus estimates put AMD's expected 2024 earnings at $3.33 per share. The chart above tells us that its bottom line could increase at ...
AMD PE Ratio data by YCharts. At 113 times trailing earnings, AMD is an incredibly expensive stock.But that valuation doesn't tell the whole story. AMD is expected to undergo massive earnings ...
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