Advanced Micro Devices (AMD) Expected to Release Quarterly Earnings on Tuesday

Advanced Micro Devices (NASDAQ:AMD) will likely be releasing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect Advanced Micro Devices to announce earnings of $1.94 per share and revenue of $13.08 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 5:00 PM ET.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. On average, analysts expect Advanced Micro Devices to post $6.50 EPS for the current fiscal year and $14.14 EPS for the next fiscal year.

Advanced Micro Devices Stock Up 2.8%

Shares of NASDAQ:AMD opened at $531.28 on Tuesday. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $542.28 and a two-hundred day moving average of $400.69. The stock has a market cap of $867.30 billion, a P/E ratio of 136.58, a PEG ratio of 5.30 and a beta of 2.45. Advanced Micro Devices has a 52-week low of $188.22 and a 52-week high of $658.52.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 25,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the completion of the sale, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. This trade represents a 25.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $540.70, for a total value of $9,333,563.40. Following the sale, the executive vice president directly owned 353,317 shares of the company’s stock, valued at $191,038,501.90. The trade was a 4.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 231,100 shares of company stock valued at $114,867,400. 0.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Argus lifted their price target on Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Bank of America upped their price objective on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the company a “buy” rating in a report on Friday, September 25th. Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research report on Friday, July 24th. Citigroup lifted their target price on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $606.76.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Meta Platforms announced plans to raise up to $95 billion to fund AI infrastructure and related investments. AMD, Nvidia and Broadcom have expressed nonbinding interest in purchasing up to $5 billion of Meta shares collectively, highlighting AMD’s potential role as a strategic AI supplier and customer-investor. The proposed investment is not yet committed. Meta launches $95 billion stock offering plan
• Positive Sentiment: Analysts see rising demand for AI computing as a potential catalyst for AMD’s EPYC server CPU business ahead of its November 3 earnings report. Investors are watching whether data-center growth and AI-related sales can justify the stock’s elevated valuation. Wedbush sees server CPU demand as key earnings growth driver
• Positive Sentiment: AMD’s Helios rack-scale AI blueprint, which combines GPUs and CPUs, is attracting interest from Dell, Lenovo, Cisco, HPE and Supermicro. Broader system adoption could expand AMD’s inference opportunity, though the timing of revenue remains uncertain. AMD’s new AI blueprint
• Neutral Sentiment: AMD shares recently outperformed the broader market, reflecting strong AI momentum and expectations for continued earnings growth. However, investors remain focused on whether AMD can narrow Nvidia’s advantage in margins and data-center scale. Advanced Micro Devices rises higher than market
• Negative Sentiment: ARK Invest, led by Cathie Wood, trimmed its AMD position while reallocating capital toward air-taxi stocks. The sale may create modest sentiment pressure, although it represents one investor’s portfolio decision rather than a change in AMD’s fundamentals. Cathie Wood sells AMD and TSMC stocks

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.