Advanced Micro Devices (NASDAQ:AMD) is set to give its latest quarterly earnings report on Tuesday, 2026-02-03. Here's what investors need to know before the announcement.

Analysts estimate that Advanced Micro Devices will report an earnings per share (EPS) of $1.24.

The market awaits Advanced Micro Devices's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.11, leading to a 2.51% increase in the share price on the subsequent day.

Here's a look at Advanced Micro Devices's past performance and the resulting price change:

Tracking Advanced Micro Devices's Stock Performance

Shares of Advanced Micro Devices were trading at $236.73 as of January 30. Over the last 52-week period, shares are up 105.4%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Advanced Micro Devices

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Advanced Micro Devices.

Analysts have provided Advanced Micro Devices with 32 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $286.56, suggesting a potential 21.05% upside.

Peer Ratings Comparison

In this analysis, we delve into the analyst ratings and average 1-year price targets of Micron Technology, Intel and Texas Instruments, three key industry players, offering insights into their relative performance expectations and market positioning.

Key Findings: Peer Analysis Summary

The peer analysis summary provides a snapshot of key metrics for Micron Technology, Intel and Texas Instruments, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

Key Takeaway:

In terms of consensus, Advanced Micro Devices is rated as 'Buy', indicating positive sentiment. It leads in revenue growth among its peers. Advanced Micro Devices also has the highest gross profit. However, its return on equity is lower compared to one of its peers.

Unveiling the Story Behind Advanced Micro Devices

Breaking Down Advanced Micro Devices's Financial Performance

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Positive Revenue Trend: Examining Advanced Micro Devices's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 35.59% as of 30 September, 2025, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: Advanced Micro Devices's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 13.44%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Advanced Micro Devices's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.06%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Advanced Micro Devices's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.64%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Advanced Micro Devices's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.06.

To track all earnings releases for Advanced Micro Devices visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.