Reported 3 days ago
Advanced Micro Devices, Inc. (AMD) has been garnering investor interest due to its recent stock performance, which saw a decrease of -1.6% over the past month. Analysts are monitoring key factors such as earnings estimate revisions and revenue growth, as AMD is expected to report earnings of $1.07 per share for the current quarter. Nonetheless, the company has received a Zacks Rank #4 (Sell), suggesting potential underperformance in the near term. As benchmarks indicate, higher earnings estimates could positively influence the stock price, yet AMD's stocks are currently rated as overvalued compared to peers.
Source: YAHOO