NASDAQ: AMD

Advanced Micro Devices (AMD) Stock Analysis & Forecast

Nov 4 close

$488.78+4.88 (+1.0%)

Gekko Brief

AI summaryNov 4 close

AMD's third-quarter results, reported 3 November, beat estimates with earnings of $2.09 against a $1.95 estimate, driven by data center revenue growth described as 96.9% to 97%, and the market reaction was a 4.7% move. Coverage this week centers on the AI-driven data center business, with commentary comparing AMD's growth pace to Intel and questioning whether gaming weakness and valuation offset the momentum. Wolfe Research reiterated an Outperform rating with a $650.00 price target, citing server CPU and GPU strength expected to continue through 2027, and AMD is also set to appear at BMO's Technology and Innovation Leaders Conference on 12 November.

The stock closed at $488.78, up 1%, sitting between its 50-day average of $548.90 and 200-day average of $414.23, with a one-month return of -24.7% against a one-year return of 88.2%. The GekkoIndex reads 66.2, placing AMD in the Accumulation zone, up 9.5 over five periods. Price sits 9.1% below Gekko Fair Value of $537.89.

The next earnings date falls on 2 February 2027, 89 days out and beyond a typical 20-trading-day hold. Smart-money activity over the last 90 days shows 1 Congressional buy and 0 sales, while the last 30 days show 6 unusual options signals, with call premium of $352.9 million against put premium of $108.99 million. Analyst consensus across 29 firms stands at 25 buy, 4 hold, 0 sell, with a consensus target of $646.74. Seasonality over 5 years shows an average 20-day return of 3.3%, positive in 4 of those years.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Advanced Micro Devices price vs fair value

$537.89$488.78Nov ’25May ’26Nov ’26
Close $488.78200-day averageGekko Fair Value $537.89

Advanced Micro Devices quick facts

Market cap
$797.9B
P/E ratio
119.1
Forward P/E
31.9
EPS, TTM
$3.92
Revenue, TTM
$41.31B
Profit margin
15.6%
Dividend yield
—
Beta
2.54
Volume
50.35M avg 22.87M
1-year return
+88.2%
Typical daily move
±6.6%
Typical 20-day move
±11.1%
50-day average
$548.90
200-day average
$414.23
Next earnings
Feb 2 after close
Shares outstanding
1.63B
52-week range
$188.22$658.52

Advanced Micro Devices swing-trade checklist

Advanced Micro Devices scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $488.78 sits between the 50-day ($548.90) and 200-day ($414.23) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.2, Accumulation

    Reading 66.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.1% below

    Price is 9.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales. Last 30 days: 6 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 89 days

    Next report Feb 2, 2027, 89 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.3% on average

    From this point in the calendar, the next 20 trading days averaged +3.3% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Advanced Micro Devices stock chart and price history

Advanced Micro Devices closed at $488.78 on Nov 4, 2026, +88.2% over the past year, inside a 52-week range of $188.22 to $658.52.

Close50-day average200-day averageVolume
Advanced Micro Devices share price, past year, with 50-day and 200-day moving averages and volume$200$300$400$600DecJan 2026FebMarAprMayJunJulAugSepOct488.78

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−24.7%
3 months
−0.1%
6 months
+16.0%
1 year
+88.2%
The full AMD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AMD in Gekko

Follow Advanced Micro Devices through every session

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About Advanced Micro Devices

Advanced Micro Devices designs computer processors and graphics chips used in personal computers, servers, and game consoles. Its products include central processing units, accelerated processing units, and graphics processors sold under brand names such as Ryzen, Threadripper, Athlon, Radeon, EPYC, and Instinct, along with the FirePro and Radeon Pro lines built for professional graphics work.

The company runs its business through two segments. One covers computing and graphics products, including desktop and notebook processors and both discrete and integrated GPUs for personal and professional use. The other covers server and embedded processors, custom system-on-chip designs, and the chip technology found in widely used gaming consoles. Advanced Micro Devices sells through a mix of direct sales staff, independent distributors, and sales representatives, reaching original equipment and design manufacturers, cloud service providers, system integrators, retailers, and add-in-board makers.

Shares of Advanced Micro Devices are listed on the NASDAQ under the ticker AMD.

Listed
NASDAQ
Sector
Electronic technology
Industry
Semiconductors
Website
amd.com

Advanced Micro Devices GekkoIndex: the smart money zone

Advanced Micro Devices’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.2, in the Accumulation zone, up 9.5 points over five sessions.

010066.2Accumulation

Up 9.5 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying18+3.8%+6.3%+4.6%+10.0%
Accumulation (current zone)244+0.6%+0.8%+3.1%+14.2%
Neutral362+1.4%+2.6%+6.2%+13.5%
Distribution66+1.2%+5.0%+7.3%+17.3%
Selling7Too few readings yet

Average AMD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the AMD price, zone by zone.Track AMD in Gekko

Is Advanced Micro Devices stock overvalued? Gekko Fair Value

Advanced Micro Devices trades 9.1% below Gekko Fair Value of $537.89, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Advanced Micro Devices shares are worth, recalculated every trading day.

$537.89

Gekko Fair Value, Nov 4, 2026

9.1% Undervalued

At the end of Aug 2026 the price was 18.2% below the estimate.

Gekko Fair ValueShare price, month end
$538$484Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open AMD in Gekko

Advanced Micro Devices insider and Congress trading

No open-market insider purchases were filed for Advanced Micro Devices, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for AMD in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every AMD insider filing, plotted on the chart in Gekko.Open AMD in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Ro Khanna
House, CA, purchase
Purchase$1,001 - $15,000Oct 9
traded Sep 4

From congressional disclosures, which report amounts as ranges.

Buybacks

Advanced Micro Devices has been buying back its own shares.

Bought back, quarter ended Jun 27, 2026
$207.0M
As a share of market cap
0.03%

From company filings.

Unusual options activity last 30 days

6signals, 76% of the flagged premium in calls.

Latest: Bullish flow on Oct 31, $102.4M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

11of the funds Gekko tracks hold AMD.

1added6opened4trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Advanced Micro Devices earnings: next date and track record

Advanced Micro Devices reports on Feb 2, 2027, after the close (89 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±7.3%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−2.0%Feb ’25−0.2%May ’25−7.7%Aug ’25−1.3%Nov ’25−18.7%Feb ’26+23.4%May ’26−0.5%Aug ’26+4.7%Nov ’26
ReportedEPSSurpriseRevenueSurpriseMove
Nov 3, 2026$2.09
est $1.95
+7.2%$13.38B
est $13.10B
+2.1%+4.7%
Aug 4, 2026$1.66
est $1.35
+23.0%$11.54B
est $11.31B
+2.0%−0.5%
May 5, 2026$1.37
est $1.29
+6.2%$10.25B
est $9.90B
+3.6%+23.4%
Feb 3, 2026$1.53
est $1.32
+15.9%$10.27B
est $9.67B
+6.2%−18.7%
Nov 4, 2025$1.20
est $1.17
+2.6%$9.25B
est $8.76B
+5.6%−1.3%
Aug 5, 2025$0.48
est $0.48
+0.3%$7.69B
est $7.41B
+3.7%−7.7%
May 6, 2025$0.96
est $0.94
+1.7%$7.44B
est $7.12B
+4.4%−0.2%
Feb 4, 2025$1.09
est $1.08
+0.9%$7.66B
est $7.53B
+1.7%−2.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Advanced Micro Devices stock forecast and analyst price targets

Analysts’ average 12-month price target for Advanced Micro Devices is $646.74, +32.3% from the last close, from 29 firms rating the stock in the last 90 days.

$646.74consensus 12-month target, +32.3% from the last close
Low $540High $800
Buy25
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 29 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 4Bank of America SecuritiesBuy, reiterated$650+33.0%
Nov 4KeyBancBuy, maintained$725+48.3%
Nov 4WedbushBuy, reiterated$600+22.8%
Nov 4Piper SandlerBuy, maintained$650+33.0%
Nov 4BMO CapitalBuy, reiterated$550+12.5%
+3.1%average 20-day move after past Accumulation readings
+3.3%average move over the next 20 trading days in the last 5 years
±6.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Advanced Micro Devices seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Advanced Micro Devices averaged +3.3% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+4.7%2021+18.4%2022+5.9%2023+0.9%2024−13.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+5.6%4 of 5
Next 10 trading days+5.9%3 of 5
Next 15 trading days+4.5%4 of 5
Next 20 trading days+3.3%4 of 5
Next 30 trading days−0.8%3 of 5

For scale, AMD’s typical 20-trading-day move in either direction is about 11.1%.

Advanced Micro Devices market cap and key statistics

Advanced Micro Devices’s market cap is $797.9B, with a P/E ratio of 119.1 and revenue of $41.31B over the last twelve months.

Valuation

Market cap
$797.9B
P/E ratio
119.1
Forward P/E
31.9
EPS, TTM
$3.92
Gekko Fair Value
$537.89

Trading

Volume
50.35M
Avg volume, 20 days
22.87M
52-week high
$658.52
52-week low
$188.22
Shares outstanding
1.63B

Financials

Revenue, TTM
$41.31B
Profit margin
15.6%
Return on equity
10.2%
Quarterly earnings growth, YoY
+159.5%

Risk and income

Beta
2.54
Typical daily move
±6.6%
Typical 20-day move
±11.1%

Advanced Micro Devices stock news this week

Coverage of Advanced Micro Devices this week reads positive: 5 positive, 1 neutral and 0 negative headlines.

News sentiment positive

Advanced Micro Devices peers

Advanced Micro Devices’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA−1.7%Accumulation25.3% below
AVGOBroadcom−0.4%Accumulation7.7% below
MUMicron Technology−3.4%Accumulation40.7% below
INTCIntel−0.7%Buying33.9% below
TXNTexas Instruments−0.6%Neutral15.3% above
ADIAnalog Devices−4.2%Neutral15.9% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Semiconductors

Advanced Micro Devices stock FAQ

What is Advanced Micro Devices’s market cap?

Advanced Micro Devices’s market cap is $797.9B at the Nov 4, 2026 close of $488.78, with 1.63B shares outstanding. The shares trade on a P/E ratio of 119.1.

What is the Advanced Micro Devices stock forecast?

The consensus analyst 12-month price target for Advanced Micro Devices is $646.74, +32.3% from the last close. Of the 29 firms that rated the stock in the last 90 days, 25 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Advanced Micro Devices stock overvalued or undervalued?

On Gekko’s estimate Advanced Micro Devices is undervalued: the Nov 4, 2026 close of $488.78 is 9.1% below Gekko Fair Value of $537.89. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Advanced Micro Devices report earnings next?

Advanced Micro Devices is expected to report on Feb 2, 2027, after the market closes (89 days away). Analysts expect earnings of $2.68 per share on revenue of $16.30B. Advanced Micro Devices beat the earnings estimate in 8 of its last 8 reports, moving 7.3% on average across the report.

What is Advanced Micro Devices’s 52-week high and low?

Advanced Micro Devices’s 52-week high is $658.52 and its 52-week low is $188.22; it closed at $488.78 on Nov 4, 2026, +88.2% over the past year.

Is Advanced Micro Devices stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Advanced Micro Devices?

Gekko flagged 6 unusual options signals in Advanced Micro Devices over the last 30 days, with $352.9M of flagged premium in calls and $109.0M in puts. The latest, bullish flow, was on Oct 31, 2026 with $102.4M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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