Schwab Network on $AMD (Nov 4, 2026)
AMD's quarter was its largest and most profitable: adjusted EPS of $29 beat the 195 expected and revenue rose 45% to 13.38 billion, with AI data center revenue up 97% while gaming dropped about 40%; guidance was strong, with fourth-quarter revenue expected near $17 billion, making the beat and outlook solid.
Jump to any passage
Largest and most profitable quarter in their history, Nicole. Pretty solid headline to say about a company. Uh adjusted earnings per share, $29 a share, beats the 195 expected, up 74% year-over-year.
Total revenue 13.38 billion. That's up 45% year-over-year. Again, a beat. The AI boom data center segment revenue nearly doubled, surging 97%. That's where they're getting their growth.
What's dragging gaming is is what what was down dropped about 40% to 773 billion.
But Lisa Sue gave a pretty glowing guidance going forward. They said um she gave an incredible bullish forecast expecting fourth quarter revenue to climb approximately to $17 billion.
So solid beat earnings beat, solid revenue beat, strong guidance. That said, AMD stock has been all over the board this morning. It's only up 4/10en of a percent, but if you look at the one minute charts on AMD overnight, it's been really moving on the upside and on the downside.
But good solid numbers out of AMD, Nicole. Yeah, and I do see UBS have a $700 target with a buy rating and DA Davidson raised their price target up to 600.
Watchpoints
What this channel has said about $AMD
Schwab Network has 25 calls on this stock; only the adjacent ones are shown.