Advanced Micro Devices, Inc.

SWX:AMD Stock Report

Market Cap: CHF 275.4b

Advanced Micro Devices Valuation

Is AMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMD (CHF168.78) is trading below our estimate of fair value (CHF271.92)

Significantly Below Fair Value: AMD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMD?

Key metric: As AMD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AMD. This is calculated by dividing AMD's market cap by their current earnings.
What is AMD's PE Ratio?
PE Ratio111x
EarningsUS$3.13b
Market CapUS$347.47b

Price to Earnings Ratio vs Peers

How does AMD's PE Ratio compare to its peers?

The above table shows the PE ratio for AMD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.8x
MU Micron Technology
26.1x18.68%US$299.3b
A000660 SK hynix
11.2x25.76%₩400.5t
QCOM QUALCOMM
33.4x20.88%US$186.3b
TXN Texas Instruments
32.4x12.82%US$160.2b
AMD Advanced Micro Devices
111x36.91%CHF 347.5b

Price-To-Earnings vs Peers: AMD is expensive based on its Price-To-Earnings Ratio (111x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

How does AMD's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AMD 111.0xIndustry Avg. 39.1xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMD is expensive based on its Price-To-Earnings Ratio (111x) compared to the European Semiconductor industry average (38.1x).

Price to Earnings Ratio vs Fair Ratio

What is AMD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio111x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AMD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AMD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 168.78
CHF 224.97
+33.29%
13.35%CHF 302.27CHF 141.59n/a43
Dec ’26n/a
CHF 228.22
0%
14.63%CHF 305.84CHF 143.26n/a43
Nov ’26n/a
CHF 195.79
0%
20.24%CHF 281.63CHF 100.66n/a45
Oct ’26n/a
CHF 148.15
0%
13.21%CHF 183.42CHF 99.76n/a44
Sep ’26n/a
CHF 148.99
0%
13.09%CHF 184.04CHF 100.10n/a45
Aug ’26n/a
CHF 124.49
0%
19.01%CHF 179.54CHF 89.36n/a45
Jul ’26n/a
CHF 104.65
0%
14.96%CHF 158.68CHF 75.37n/a44
Jun ’26n/a
CHF 104.88
0%
14.93%CHF 164.55CHF 78.16n/a45
May ’26n/a
CHF 110.45
0%
21.30%CHF 165.06CHF 57.77n/a42
Apr ’26n/a
CHF 129.52
0%
18.05%CHF 198.88CHF 79.55n/a44
Mar ’26n/a
CHF 133.92
0%
17.06%CHF 203.13CHF 81.25n/a43
Feb ’26CHF 30.00
CHF 154.06
+413.53%
14.90%CHF 227.68CHF 100.18n/a44
Jan ’26CHF 30.00
CHF 165.69
+452.29%
12.27%CHF 225.96CHF 131.06n/a45
Dec ’25CHF 30.00
CHF 163.01
+443.35%
11.26%CHF 220.12CHF 128.55n/a45
Nov ’25CHF 30.00
CHF 162.06
+440.20%
10.83%CHF 217.65CHF 127.11n/a44
Oct ’25CHF 30.00
CHF 158.06
+426.87%
12.12%CHF 211.41CHF 118.39n/a43
Sep ’25CHF 30.00
CHF 157.72
+425.73%
11.70%CHF 210.59CHF 117.93n/a43
Aug ’25CHF 30.00
CHF 165.55
+451.82%
11.18%CHF 218.41CHF 122.31n/a42
Jul ’25CHF 30.00
CHF 170.69
+468.98%
13.14%CHF 225.76CHF 112.88n/a42
Jun ’25CHF 30.00
CHF 171.69
+472.31%
13.54%CHF 228.38CHF 114.19n/a43
May ’25CHF 30.00
CHF 173.78
+479.26%
13.78%CHF 229.79CHF 114.89n/a43
Apr ’25CHF 30.00
CHF 177.37
+491.22%
15.45%CHF 244.22CHF 122.11n/a43
Mar ’25CHF 30.00
CHF 169.57
+465.23%
13.98%CHF 237.91CHF 118.96n/a43
Feb ’25CHF 30.00
CHF 159.51
+431.71%
15.68%CHF 232.95CHF 107.85CHF 30.0043
Jan ’25CHF 30.00
CHF 116.78
+289.26%
14.71%CHF 171.26CHF 83.92CHF 30.0043
Dec ’24CHF 30.00
CHF 114.96
+283.20%
15.05%CHF 173.87CHF 85.20CHF 30.0042
CHF 223.65
Fair Value
24.5% undervalued intrinsic discount
43
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/22 02:31
End of Day Share Price 2025/12/22 00:00
Earnings2025/09/27
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Advanced Micro Devices, Inc. is covered by 88 analysts. 46 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Warren LauAletheia Analyst Network Limited
Stefan ChangAletheia Analyst Network Limited
Brett SimpsonArete Research Services LLP