Advanced Micro Devices (AMD) earnings for the quarter ended September 2026: EPS beats estimates
Advanced Micro Devices reported results for the quarter ended September 2026 on November 3, 2026. Adjusted earnings per share came in at $2.09 against the analysts’ average forecast of $1.95, a beat of 7.4%.
Revenue for the quarter was $13.38 billion, up 44.7% from $9.25 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 4.7% on the first trading day after the report.
The last four quarters
Advanced Micro Devices has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.09 | $1.95 | +7.4% | +45% | +4.7% |
| Jun 2026 | $1.66 | $1.61 | +3.2% | +50% | −0.5% |
| Mar 2026 | $1.37 | $1.29 | +5.8% | +38% | +23.4% |
| Dec 2025 | $1.53 | $1.32 | +15.5% | +34% | −18.7% |
What comes next
Analysts expect EPS of $2.93 for the next quarter on average and $8.08 for the fiscal year ending December 31, 2026.
The average analyst price target is $658.53, 23% above the current price of $534.06.
Valuation and score
Advanced Micro Devices scores 2.6 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 116.1, and its intrinsic value under moderate assumptions is about 51% below the current market value. Full Advanced Micro Devices analysis with 10 years of financials
Frequently asked questions
What was Advanced Micro Devices’s EPS for the quarter ended September 2026?
$2.09 adjusted per share, against an analyst consensus of $1.95.
How much revenue did Advanced Micro Devices report?
$13.38 billion, up 44.7% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.