AMD is quickly catching up with Intel as its PC market attains new heights with the newly developed Ryzen CPUs and the server market with EPYC. Further, the cryptocurrency boom gave AMD’s graphics business a much-needed boost.
For a long time, AMD’s processors were far behind Intel’s, but it is rapidly closing the gap with the second generation Ryzen. Now, AMD is set to launch its third generation in mid-2019. In a live demonstration using performance-testing tool Maxon Cinebench R15, an eight-core Ryzen chip managed a performance comparable to Intel's i9-9900K using 30% less power. But the performance of these new chips across the full spectrum of PC workloads is unclear until evaluation from third-party reviewers.
Regarding pricing, top-tier mainstream second-generation 2700X Ryzen chip sells for $329, a full $200 less than Intel's flagship chip. AMD's third-generation Ryzen chips will probably be more expensive. But Intel is certainly in for stiffer competition.
In the graphics sector, AMD’s two Vega graphics cards launched in 2017 and underperformed as it used far more power than those of NVIDIA. AMD is trying again with its latest Radeon VII to be launched in February. Built on a 7 nm process, it provides significant performance gains over the previous Vega chips. At $699, it's the same price as NVIDIA's RTX 2080. But unlike Intel, NVIDIA is not particularly threatened by AMD.
Expectedly, the third generation Ryzen chips is going to be a fast and profitable growth driver. Yet, due to optimistic pricing of the stock, analysts see revenue growth of 6.3% in 2019.
AMD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where AMD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMD's RSI Indicator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where AMD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AMD just turned positive on April 29, 2024. Looking at past instances where AMD's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .
AMD moved below its 50-day moving average on April 02, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AMD crossed bearishly below the 50-day moving average on April 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AMD entered a downward trend on May 01, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AMD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.149) is normal, around the industry mean (6.706). AMD has a moderately high P/E Ratio (209.087) as compared to the industry average of (59.973). Projected Growth (PEG Ratio) (0.587) is also within normal values, averaging (3.157). AMD has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (10.331) is also within normal values, averaging (32.653).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of integrated circuits for semiconductors
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