- AMD will release its Q3 earnings report after the market closes on Tuesday.
- Analysts expect a record $8.76 billion in revenue driven by the data center segment and earnings per share (EPS) of 1.16.
- Wall Street forecasts a 28% year-over-year revenue increase for AMD.
- Options trading suggests AMD shares could swing up to 7% higher or lower by week’s end.
- UBS analyst Timothy Arcuri reaffirmed a Buy rating on AMD with a $265 price target, citing strong server and client CPU sales.
Advanced Micro Devices (AMD) plans to announce its third-quarter earnings results after the U.S. stock market closes on Tuesday. Investors and analysts are closely watching the report to determine how the company’s stock will react.
Analysts currently forecast that AMD will post record revenue of approximately $8.76 billion, supported mainly by its data center business segment. Earnings per share are expected to reach $1.16. Year over year, revenue is predicted to increase by about 28%.
In options markets, traders expect the company’s stock price to move as much as 7% either up or down by the end of this week. This could see shares rise from the recent level near $256 to as high as $274 or fall back to around $238, a level it recently held late last month. Wall Street analysts have recently raised their price targets for AMD ahead of the earnings announcement.
According to UBS analyst Timothy Arcuri, who reiterated a Buy rating with a price target of $265, “AMD’s Q3 top line is expected to be driven by strength in both server and client CPU segments.” He also expressed confidence about revenue for the fiscal third quarter of 2025, pointing to robust performance in these areas and potential improvements in gross margins from server strength.
The stock has gained 86% so far this year, ranking among the best performers in the U.S. hardware sector. However, increased expectations before the earnings report and wider concerns about a possible bubble in the AI chip industry present risks. At the time of reporting, AMD shares were down more than 2%, reflecting a bearish trend affecting major technology stocks.
A surge in large Artificial Intelligence deals has contributed to substantial stock gains for chipmakers like AMD this year. However, investor caution remains due to high valuations and pressure linked to upcoming financial results.
For further details, see Wall Street CEOs Warn 15% Stock Market Pullback From Rich Valuations.
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