Advanced Micro Devices is forecast to grow earnings and revenue by 38.2% and 31.4% per annum respectively. EPS is expected to grow by 37.3% per annum. Return on equity is forecast to be 31.6% in 3 years.
Key information
38.2%
Earnings growth rate
37.29%
EPS growth rate
Semiconductor earnings growth
30.9%
Revenue growth rate
31.4%
Future return on equity
31.56%
Analyst coverage
Good
Last updated
14 Aug 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
SET:AMD23 - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
119,508
32,863
29,268
32,262
35
12/31/2027
87,336
21,408
15,994
19,887
48
12/31/2026
50,781
9,360
7,417
10,286
44
6/27/2026
41,305
6,469
8,403
10,080
N/A
3/28/2026
37,454
4,932
8,574
9,725
N/A
12/27/2025
34,639
4,269
6,735
7,709
N/A
9/27/2025
32,027
3,131
5,448
6,408
N/A
6/28/2025
29,600
2,730
4,043
4,877
N/A
3/29/2025
27,750
2,227
2,753
3,459
N/A
12/28/2024
25,785
1,641
2,405
3,041
N/A
9/28/2024
24,295
1,826
1,556
2,123
N/A
6/29/2024
23,276
1,354
1,357
1,916
N/A
3/30/2024
22,800
1,116
1,172
1,702
N/A
12/30/2023
22,680
854
1,121
1,667
N/A
9/30/2023
22,111
208
1,322
1,853
N/A
7/1/2023
21,876
-25
1,867
2,397
N/A
4/1/2023
23,067
395
2,519
3,056
N/A
12/31/2022
23,601
1,320
3,115
3,565
N/A
9/24/2022
22,828
2,273
3,408
3,820
N/A
6/25/2022
21,576
3,130
3,330
3,704
N/A
3/26/2022
18,876
3,393
3,312
3,618
N/A
12/25/2021
16,434
3,162
3,220
3,521
N/A
9/25/2021
14,852
3,969
2,964
3,253
N/A
6/26/2021
13,340
3,436
2,465
2,743
N/A
3/27/2021
11,422
2,883
1,729
2,034
N/A
12/26/2020
9,763
2,490
777
1,071
N/A
9/26/2020
8,646
879
697
959
N/A
6/27/2020
7,646
609
611
854
N/A
3/28/2020
7,245
487
N/A
641
N/A
12/28/2019
6,731
341
N/A
493
N/A
9/28/2019
6,023
209
N/A
171
N/A
6/29/2019
5,875
191
N/A
13
N/A
3/30/2019
6,100
272
N/A
-72
N/A
12/29/2018
6,475
337
N/A
34
N/A
9/29/2018
6,396
280
N/A
238
N/A
6/30/2018
6,327
239
N/A
231
N/A
3/31/2018
5,722
81
N/A
204
N/A
12/30/2017
5,253
-33
N/A
12
N/A
9/30/2017
5,019
-65
N/A
-124
N/A
7/1/2017
4,742
-532
N/A
-164
N/A
4/1/2017
4,618
-421
N/A
-167
N/A
12/31/2016
4,319
-498
N/A
81
N/A
9/24/2016
4,124
-548
N/A
-39
N/A
6/25/2016
3,878
-339
N/A
-124
N/A
3/26/2016
3,793
-589
N/A
-96
N/A
12/26/2015
3,991
-660
N/A
-226
N/A
9/26/2015
4,272
-922
N/A
-169
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMD23's forecast earnings growth (38.2% per year) is above the savings rate (2.3%).
Earnings vs Market: AMD23's earnings (38.2% per year) are forecast to grow faster than the TH market (10.6% per year).
High Growth Earnings: AMD23's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AMD23's revenue (31.4% per year) is forecast to grow faster than the TH market (8.3% per year).
High Growth Revenue: AMD23's revenue (31.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMD23's Return on Equity is forecast to be high in 3 years time (31.6%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/08/16 07:04
End of Day Share Price
2026/08/14 00:00
Earnings
2026/06/27
Annual Earnings
2025/12/27
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.
* 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.
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Analyst Sources
Advanced Micro Devices, Inc. is covered by 81 analysts. 48 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.