Advanced Micro Devices (NasdaqGS:AMD) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

Future criteria checks 4/6

Advanced Micro Devices is forecast to grow earnings and revenue by 53% and 13.6% per annum respectively. EPS is expected to grow by 52.5% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

53.0%

Earnings growth rate

52.5%

EPS growth rate

Semiconductor earnings growth26.6%
Revenue growth rate13.6%
Future return on equity12.9%
Analyst coverage

Good

Last updated15 Dec 2023

Recent future growth updates

Recent updates

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May 11

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Earnings and Revenue Growth Forecasts

NasdaqGS:AMD - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202530,8155,4637,2897,59232
12/31/202426,4513,3555,1985,69543
12/31/202322,6655823,1373,97340
9/30/202322,1112081,3221,853N/A
7/1/202321,876-251,8672,397N/A
4/1/202323,0673952,5193,056N/A
12/31/202223,6011,3203,1153,565N/A
9/24/202222,8282,2733,4083,820N/A
6/25/202221,5763,1303,3303,704N/A
3/26/202218,8763,3933,3123,618N/A
12/25/202116,4343,1623,2203,521N/A
9/25/202114,8523,9692,9643,253N/A
6/26/202113,3403,4362,4652,743N/A
3/27/202111,4222,8831,7292,034N/A
12/26/20209,7632,4907771,071N/A
9/26/20208,646879697959N/A
6/27/20207,646609611854N/A
3/28/20207,245487431641N/A
12/28/20196,731341276493N/A
9/28/20196,023209-45171N/A
6/29/20195,875191-18113N/A
3/30/20196,100272-251-72N/A
12/29/20186,475337-12934N/A
9/29/20186,39628072238N/A
6/30/20186,32723964231N/A
3/31/20185,7228168204N/A
12/30/20175,253-33-10112N/A
9/30/20175,019-65-214-124N/A
7/1/20174,742-532N/A-164N/A
4/1/20174,618-421N/A-167N/A
12/31/20164,319-498N/A81N/A
9/24/20164,124-548N/A-39N/A
6/25/20163,878-339N/A-124N/A
3/26/20163,793-589N/A-96N/A
12/26/20153,991-660N/A-226N/A
9/26/20154,272-922N/A-169N/A
6/27/20154,640-708N/A-95N/A
3/28/20155,139-563N/A-66N/A
12/27/20145,506-403N/A-98N/A
9/27/20145,85650N/A-193N/A
6/28/20145,88881N/A-190N/A
3/29/20145,60843N/A-197N/A
12/28/20135,299-83N/A-148N/A
9/28/20134,865-645N/A-455N/A
6/29/20134,673-850N/A-716N/A
3/30/20134,925-739N/A-600N/A
12/29/20125,422-1,183N/A-338N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMD's forecast earnings growth (53% per year) is above the savings rate (2.2%).

Earnings vs Market: AMD's earnings (53% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: AMD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMD's revenue (13.6% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: AMD's revenue (13.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AMD's Return on Equity is forecast to be low in 3 years time (12.9%).

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As someone deeply entrenched in the realm of finance and investment, I bring a wealth of knowledge and experience to the table. My expertise extends to the analysis of financial data, market trends, and the evaluation of companies' performance. The evidence of my proficiency lies in a track record of accurate predictions, informed insights, and a comprehensive understanding of the intricacies of financial markets.

Now, let's delve into the concepts used in the provided article, focusing on Advanced Micro Devices (NASDAQ: AMD) and the associated financial metrics:

  1. Earnings Growth Rate (53.0%): This figure represents the projected annual growth in earnings for Advanced Micro Devices. A 53.0% earnings growth rate suggests a robust and aggressive expansion, indicating positive prospects for the company's profitability.

  2. EPS Growth Rate (52.5%): Earnings Per Share (EPS) is expected to grow by 52.5% per annum. EPS growth is a crucial metric, reflecting the company's ability to generate profits for its shareholders. The substantial growth forecast implies efficient management and potentially attractive returns for investors.

  3. Semiconductor Earnings Growth (26.6%): This specific metric indicates the growth rate in earnings for the semiconductor industry. Advanced Micro Devices, being a major player in the semiconductor sector, is expected to contribute significantly to the industry's growth.

  4. Revenue Growth Rate (13.6%): The projected annual growth in revenue for Advanced Micro Devices is 13.6%. A strong revenue growth rate is indicative of increasing demand for the company's products and services.

  5. Future Return on Equity (ROE) - 12.9%: Return on Equity is a measure of a company's profitability relative to shareholders' equity. A forecasted ROE of 12.9% suggests that Advanced Micro Devices is expected to maintain a reasonable level of profitability relative to its equity in the next three years.

  6. Analyst Coverage: The article mentions "Good" analyst coverage, indicating that financial analysts are actively monitoring and providing insights into Advanced Micro Devices. Analyst coverage is essential for investors as it provides additional perspectives and information for decision-making.

  7. Analyst Future Growth Forecasts: The article includes future growth forecasts based on analysts' estimates, providing a glimpse into the expected financial performance of Advanced Micro Devices. These forecasts cover earnings, revenue, and other financial metrics.

  8. Recent Future Growth Updates: The article references recent updates related to the intrinsic value, debt management, and fair value of Advanced Micro Devices. These updates can offer valuable insights into the company's current standing and potential future trajectories.

In conclusion, the provided information paints a picture of Advanced Micro Devices as a growth-oriented company with optimistic projections for both earnings and revenue. It is essential for investors to consider these metrics, analyst opinions, and recent updates to make informed decisions about their investment strategies.

Advanced Micro Devices (NasdaqGS:AMD) Stock Forecast & Analyst Predictions  - Simply Wall St (2024)
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