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?
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Source Fool.com
Advanced Micro Devices Inc. Stock
€128.94
0.830%
The stock is one of the favorites of our community with 81 Buy predictions and 2 Sell predictions.
With a target price of 176 € there is a positive potential of 36.5% for Advanced Micro Devices Inc. compared to the current price of 128.94 €.
