Advanced Micro Devices Q3 Revenue Climbs 35.6% to $9.25B, EPS Beats by $0.03
Advanced Micro Devices reported Q3 EPS of $1.20, beating consensus by $0.03, with revenue rising 35.6% to $9.25 billion, surpassing the $8.76 billion estimate. CEO Lisa Su sold 125,000 shares at $215.14 for $26.9 million, while insiders sold 161,558 shares worth $35.46 million.
1. Growth Projections Signal Major Upside
AMD’s management projects its data center segment will expand at a 60% compound annual growth rate through 2030, driving overall revenue growth of 35% CAGR over the same period. Based on those forecasts, analysts estimate a potential 348% rise in the company’s share value by decade’s end. Although the stock trades at a forward earnings multiple of 33, management believes further margin expansion—stemming from higher-margin AI and server products—could push returns beyond the base projection.
2. Institutional Holdings Adjusted
Harel Insurance Investments & Financial Services reduced its AMD stake by 2.9% in the third quarter, selling 4,050 shares to end the period with 134,202 shares valued at $21.71 million. Other funds also reshaped positions: ORG Wealth Partners increased by 39.7% to 162 shares ($26 000), Pinney & Scofield added 85 shares for an 81.0% gain to 190 shares ($27 000), Dogwood Wealth Management surged 2 311.1% to 217 shares ($30 000), Avion Wealth grew 49.3% to 218 shares ($30 000), and West Branch Capital boosted its stake by 3 057.1% to 221 shares ($31 000). Institutions now hold 71.34% of AMD’s outstanding shares.
3. Q3 Financial Results and Insider Activity
In its most recent quarter, AMD reported revenue of $9.25 billion—35.6% higher year-over-year—and earnings per share of $1.20, each topping consensus estimates ($8.76 billion and $1.17 EPS). Return on equity stood at 8.04% with a net margin of 10.32%. The company’s balance sheet remains strong, featuring a debt-to-equity ratio of 0.04, quick ratio of 1.68 and current ratio of 2.31. During the quarter, CEO Lisa Su sold 125,000 shares for proceeds of $26.89 million, and EVP Mark Papermaster sold 17,108 shares for $4.11 million, bringing total insider disposals to 161,558 shares valued at $35.46 million. Insiders now own 0.06% of outstanding shares.
4. Analyst Consensus and Ratings
Wall Street sentiment on AMD remains positive: three analysts issue a Strong Buy rating, 29 rate the stock as Buy, and 12 maintain a Hold view. According to aggregated data, AMD carries an average rating of Moderate Buy based on these recommendations, reflecting confidence in the company’s multi-year growth outlook and evolving competitive position in CPUs, GPUs and AI solutions.