AMD Earnings

AMD reported its earnings on 2026-02-03, showcasing a revenue of 10.27B against an estimate of 9.65B, resulting in a 6.42% surprise. The EPS was 1.53, surpassing the expected 1.32 by 15.91%. The stock experienced a -17.31% price change on the earnings day and a -10.78% change over the next five days, reflecting market reactions to the results.

Following AMD's earnings announcement on 2026-02-03, the stock price moved by -17.31% on the day of the release. Over the subsequent five days, it saw a -10.78% change. Historically, AMD's stock price tends to shift by an average of -0.58% in the 10 days leading up to earnings and -1.22% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate AMD's annual revenue to reach 9.28B, while the EPS is projected at 1.20. These estimates reflect recent revisions, with revenue estimates revised upward by 0.1% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between AMD's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised upward by 0.1%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, AMD's stock price typically moves by -0.58% in the 10 days before its earnings and -1.22% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 1.20 and revenue of 9.28B.

The earnings call summary reflects strong financial performance with a 25% YoY revenue growth and a robust gross margin outlook. The new partnerships with OpenAI and Oracle are significant positive catalysts. The Q&A section highlights operational readiness and strategic investments in AI, suggesting confidence in future growth. Despite management's reluctance to provide specific revenue figures, the overall sentiment remains positive due to strategic partnerships, technological advancements, and a clear path to revenue growth.