Where Will AMD Stock Be in 1 Year?
's (NASDAQ: AMD) stock sank nearly 3% on Jan. 31 after the chipmaker posted its fourth-quarter earnings report. Revenue rose 10% year over year to $6.17 billion and exceeded analysts' estimates by $60 million. Adjusted earnings grew 12% to $0.77 per share and matched the consensus forecast.
AMD's growth rates looked healthy, but a lot of optimism had already been baked into its shares ahead of that report. Even after its latest post-earnings dip, its stock has still rallied more than 130% over the past 12 months. So will AMD's stock keep charging higher over the next year, or will it underperform most of its industry peers?
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Aktie
138,46 €
1,55 %
Die Community zeigt großes Interesse an Advanced Micro Devices Inc. mit vielen Buy- und wenigen Sell-Einschätzungen.
Bei einem Kursziel von 176 € ergibt sich ein positives Potenzial von 27.11% für Advanced Micro Devices Inc. im Vergleich zum aktuellen Kurs von 138.46 €.
