Advanced Micro Devices Inc
NASDAQ:AMD
Intrinsic Value
Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. [ Read More ]
The intrinsic value of one AMD stock under the Base Case scenario is 143.24 USD. Compared to the current market price of 190.65 USD, Advanced Micro Devices Inc is Overvalued by 25%.
Valuation Backtest
Advanced Micro Devices Inc
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Fundamental Analysis
Mixed 2024 Outlook with Strong Growth in Data Center and Client Segments
2023-Q4 Earnings Call
For 2024, the company anticipates a mixed demand environment with strong growth in the Data Center and Client segments balancing out declines in the Embedded and Gaming segments. Driven by the strength of their Instinct, EPYC, and Ryzen product portfolios, they aim to achieve robust annual revenue growth and gross margin expansion. The market for data center AI accelerators is projected to reach about $400 billion by 2027. AMD's Instinct GPUs, particularly the MI300, are expected to significantly contribute to revenue based on the company's multi-generation GPU roadmap and open-source ROCm software. Despite not providing full-year guidance, the company foresees an increase in the Data Center and Client segment revenues, while the Embedded and Gaming segments are expected to see significant double-digit declines. For the first quarter of 2024, revenue is projected to be around $5.4 billion, with a non-GAAP gross margin of approximately 52%. Overall, the company is positioned to deliver earnings growth faster than top-line revenue growth.
Balance Sheet Decomposition
Advanced Micro Devices Inc
Current Assets | 16.8B |
Cash & Short-Term Investments | 5.8B |
Receivables | 5.4B |
Other Current Assets | 5.6B |
Non-Current Assets | 51.1B |
Long-Term Investments | 99m |
PP&E | 2.2B |
Intangibles | 45.6B |
Other Non-Current Assets | 3.2B |
Current Liabilities | 6.7B |
Accounts Payable | 2.4B |
Accrued Liabilities | 2.5B |
Other Current Liabilities | 1.7B |
Non-Current Liabilities | 5.3B |
Long-Term Debt | 1.7B |
Other Non-Current Liabilities | 3.6B |
Earnings Waterfall
Advanced Micro Devices Inc
Revenue
|
22.7B
USD
|
Cost of Revenue
|
-12.2B
USD
|
Gross Profit
|
10.5B
USD
|
Operating Expenses
|
-10.1B
USD
|
Operating Income
|
367m
USD
|
Other Expenses
|
487m
USD
|
Net Income
|
854m
USD
|
Free Cash Flow Analysis
Advanced Micro Devices Inc
What is Free Cash Flow?
AMD Profitability Score
Profitability Due Diligence
Advanced Micro Devices Inc's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
Score
Advanced Micro Devices Inc's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
AMD Solvency Score
Solvency Due Diligence
Advanced Micro Devices Inc's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Score
Advanced Micro Devices Inc's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
AMD Price Targets Summary
Advanced Micro Devices Inc
According to Wall Street analysts, the average 1-year price target for AMD is 194.21 USD with a low forecast of 60.6 USD and a high forecast of 283.5 USD.
Ownership
AMD Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
AMD Price
Advanced Micro Devices Inc
Average Annual Return | 45.55% |
Standard Deviation of Annual Returns | 69.69% |
Max Drawdown | -12% |
Market Capitalization | 308.1B USD |
Shares Outstanding | 1 615 790 000 |
Percentage of Shares Shorted | 2.14% |
AMD News
Last Important Events
Advanced Micro Devices Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Advanced Micro Devices Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. The company is headquartered in Santa Clara, California and currently employs 15,500 full-time employees. Its segments include Computing and Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment primarily includes desktop and notebook microprocessors, accelerated processing units that integrate microprocessors and graphics, chipsets, discrete graphics processing units (GPUs), data center and professional GPUs, and development services. The company may also sell or license portions of its intellectual property (IP) portfolio. The Enterprise, Embedded and Semi-Custom segment primarily includes server and embedded processors, semi-custom system-on-chip (SoC) products, development services, and technology for game consoles, and it may also sell or license portions of its IP portfolio. Its microprocessor customers consist primarily of original equipment manufacturers (OEMs), large public cloud service providers, original design manufacturers (ODMs), system integrators, and independent distributors.
Contact
IPO
Employees
Officers
The intrinsic value of one AMD stock under the Base Case scenario is 143.24 USD.
Compared to the current market price of 190.65 USD, Advanced Micro Devices Inc is Overvalued by 25%.