Tuesday, February 4, 2025
HomeFinanceWhat Analysts Think of AMD Stock Ahead of Earnings | Global News...

What Analysts Think of AMD Stock Ahead of Earnings | Global News Avenue

What Analysts Think of AMD Stock Ahead of Earnings

Key points

  • Advanced micro -equipment will report the revenue in the fourth quarter after the end of Tuesday.
  • Its stocks have been hit and have lost one -third of its value in the past 12 months, because they are worried about the company’s prospects and the ability to compete with NVIDIA products.
  • However, analysts are more bullish than loser stocks, and suggested that AMD and competitors’ strong expenditures on AI continue to benefit.

Advanced micro -equipment (AMD) After the market is closed on Tuesday, the results of the fourth quarter will be reported. Analysts predict revenue and income growth, and have a strong demand for AI chips.

AMD’s revenue is expected to be US $ 7.54 billion, an increase of 22 % year -on -year, and the income is US $ 1.1 billion, that is, 67 cents per share, which is higher than $ 667 million a year ago, that is, 41 cents per share.

Among the 14 -bit analysts covering the stock tracked by Alpha, the eight were issued “buy” or the same rating, and five “holding” rating and one “selling”. Their consensus goals are worth $ 164, about 43 % higher than the $ 114.50 in the daily day of Monday.

Stocks have been hit, and in the past 12 months, one -third of its value has been lost Worried about the prospects of chip manufacturers And the ability to compete with NVIDIA (NVDA)product.

However, in the notes to customers last week, Bank of America and Raymond James analysts suggested competing in the AI ​​field of Chinese companies, such as DeepseekLast week, the market was shocked. It claimed to be a complicated, cost -effective AI model, which can promote our technology companies to spend more money on AI The interests of chip manufacturers Like AMD.

Citi analyst said last week: “AI’s expenditure has not been weakened.”Yuan) Planned investment 60 billion to 65 billion US dollars exist Capital expenditure This year. For AMD, the level of AI expenditure is “good news” and competitors such as Broadcom (AVGO), Analyst said.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments