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Where Will AMD Stock Be in 1 Year?


Advanced Micro Devices (NASDAQ: AMD) posted its second-quarter report on July 30. Revenue rose 9% year over year to $5.84 billion, beating analysts' estimates by $114 million, as adjusted earnings per share (EPS) grew 19% to $0.69 and cleared expectations by a penny.

The chipmaker's stock rallied after its earnings beat, and it's risen 26% over the past 12 months as the Nasdaq Composite advanced 23%. Let's see why AMD stayed ahead of the market, and if it can maintain that momentum for the next 12 months.

Image source: Getty Images.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€437.10
-1.620%
We can see a decrease in the price for Advanced Micro Devices Inc.. Compared to yesterday it has lost -€7.200 (-1.620%).
With 105 Buy predictions and 4 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 527 € shows a positive potential of 20.57% compared to the current price of 437.1 € for Advanced Micro Devices Inc..
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