Advanced Micro Devices Down 16% Since Q4, Posts $10.27B Revenue and Guides $9.8B Q1
Advanced Micro Devices reported FQ4 revenue of $10.27 billion, up 34.11% year-over-year and beating estimates by $599.73 million, with EPS of $1.53 beating by $0.21. Since the February 3 earnings the stock has fallen 16% while Q1 guidance of $9.8 billion implies a 5% sequential drop and 32% year-over-year gain.
1. Fiscal Q4 2025 Results
Advanced Micro Devices reported revenue of $10.27 billion in fiscal Q4, up 34.11% year-over-year and exceeding estimates by $599.73 million. EPS of $1.53 surpassed consensus by $0.21, driven by strong performances in data center, client and gaming segments.
2. Stock Reaction and Analyst Ratings
Since the February 3 earnings announcement the stock has declined 16% despite 80% of 55 analysts maintaining Buy ratings and an average 12-month price target implying over 48% upside. UBS reiterated a Buy rating while lowering its price target to $310, and D.A. Davidson maintained a Hold at $220.
3. Q1 2026 Guidance
Management expects fiscal Q1 revenue of about $9.8 billion, reflecting a 5% sequential decline but 32% year-over-year growth, as semi-custom SoC revenue is projected to fall significantly in the seventh year of the console cycle.