What Are The Annual Revenue Expectations for AMD Stock?

What Are The Annual Revenue Expectations for AMD Stock? Wall Street analysts have AMD stock pegged for big things in the years ahead. The average price target for AMD stock is $33.50, which represents a potential upside of nearly 60% from the current share price. Analysts are expecting strong growth from the company as it builds on its recent market share gains.

For the full year 2020, analysts are expecting AMD to report revenue of $11.5 billion, which would represent year-over-year growth of nearly 50%. Analysts are also expecting AMD to report earnings per share of $0.75 for 2020, which would represent year-over-year growth of nearly 90%.

Looking further out, analysts are expecting even more impressive growth from AMD. For 2021, analysts are expecting AMD to report revenue of $13.8 billion, which would represent year-over-year growth of nearly 20%. Analysts are also expecting AMD to report earnings per share of $1.10 for 2021, which would represent year-over-year growth of nearly 47%.

As you can see, analysts are expecting strong growth from AMD stock in the years ahead. If the company can meet or exceed these expectations, then the stock could be in for a big run.

How Long Has AMD Been in Business?

Advanced Micro Devices was founded in 1969. The company has been through a lot of ups and downs over the years, but it has emerged as a leading player in the semiconductor industry.

What Products Does AMD Make?

AMD makes a wide variety of semiconductor products for the computing, gaming, and consumer electronics markets. Its products include microprocessors, GPUs, and memory chips.

What is AMD’s Market Cap?

As of this writing, AMD has a market cap of $33.5 billion.

Who Are AMD’s Competitors?

AMD’s main competitors are Intel (INTC) and NVIDIA (NVDA). These are both much larger companies, but are equally competitive in the space to AMD.

Sources:

https://www.bankrate.com/banking/cds/cd-rates/

https://money.cnn.com/data/markets/

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