AMD (Advanced Micro Devices, Inc., NASDAQ) 28 Jan 2026: Earnings preview for Feb 3, watch AI revenue
AMD stock trades at USD 252.74 after a 0.28% intraday rise as the market shifts focus to the company’s earnings report on 3 Feb 2026. Investors will watch AI-related revenue and data center demand for fresh guidance. The stock sits near a 50-day average of USD 221.13 and a 200-day average of USD 173.48, showing recent momentum ahead of the quarterly report.
AMD stock: What to expect from the Feb 3 earnings report
Advanced Micro Devices reports after the close on 3 Feb 2026, and analysts expect management to update AI and data center revenue trends. One clear fact: revenue mix toward AI accelerators could drive near-term upside if guidance rises.
Earnings per share stood at USD 1.92 trailing twelve months, with a current PE near 131.64. Watch commentary on product ramps and cloud provider orders for direct impact on the stock price.
AMD stock: Latest financials and valuation metrics
AMD shows a market cap of USD 411.47 billion with revenue per share TTM of USD 19.70 and net income per share TTM of USD 2.03. Key ratios include a price-to-sales of 12.86 and price-to-book near 6.76.
Margins remain healthy: gross margin about 48.26% and operating margin about 8.78%. Those figures help explain why the stock trades at a premium multiple versus peers.
AMD stock: Analyst stance and consensus data
Brokerage coverage is skewed bullish: 43 buys, 14 holds, 1 sell. The consensus rating numeric median is about 3.00 on the provided scale, reflecting mixed near-term sentiment but strong buy-side support.
Lack of a unified price-target consensus means guidance and revenue mix from the earnings call will likely shift targets materially for 2026.
AMD stock: Technicals, liquidity and trading context
Price traded between USD 250.21 and USD 257.40 today on volume 26,319,387 shares. Average volume is 40,707,006, so relative volume is 0.63, showing lighter trading than average.
Momentum indicators show RSI 47.39 (neutral) and ADX 14.03 (no trend). Volatility metrics include ATR 9.13 and daily range consistent with sector peers in Technology and Semiconductors.
AMD stock: Meyka AI grade, forecast and price target range
Meyka AI rates AMD with a score out of 100: 76.24 (Grade B+, Suggestion: BUY). This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects yearly USD 201.67 (implied -20.21% vs current USD 252.74), 3-year USD 245.32 (implied -2.94%), and 5-year USD 288.74 (implied +14.24%). Forecasts are model-based projections and not guarantees. For price targets, a conservative base target is USD 260.00 (+2.87%), a bear target USD 180.00 (-28.77%), and a bull target USD 320.00 (+26.57%).
AMD stock: Risks and catalysts ahead of earnings
Catalysts: stronger-than-expected AI revenue, improved EPYC server demand, and clearer product cadence. Positive beats could lift guidance and re-rate multiples.
Risks: high valuation (PE 131.64), dependency on cloud orders, and inventory timing. A conservative guidance could pressure the stock despite healthy cash position and low net debt.
Final Thoughts
Key takeaways for AMD stock ahead of the 3 Feb 2026 earnings call: the market prices meaningful AI growth into the share price at USD 252.74, and guidance on AI and data center demand will be the main mover. Financials show strong margins and cash flow, but valuation is rich with a PE near 131.64 and price-to-sales at 12.86, leaving limited room for disappointment. Meyka AI’s forecast model projects USD 201.67 for the year (implied -20.21%), USD 245.32 in three years (implied -2.94%), and USD 288.74 in five years (implied +14.24%). These model outputs highlight a path where near-term weakness could turn into multi-year gains if AI and data center trends accelerate. Investors should weigh the mixed analyst picture, the company’s strong margins, and the potential for guidance-driven volatility. Meyka AI, an AI-powered market analysis platform, flags both the upside from AI momentum and the downside from a high multiple. Forecasts are projections and not guarantees; use them alongside earnings details and your risk plan.
FAQs
When does Advanced Micro Devices report earnings and why does it matter for AMD stock?
AMD reports on 3 Feb 2026. The call matters because management guidance and AI revenue disclosures will likely move AMD stock and change analyst targets.
What are the main valuation concerns for AMD stock?
Main concerns are a high PE near 131.64 and price-to-sales about 12.86. High multiples raise sensitivity to guidance misses for AMD stock in the short term.
How does Meyka AI view AMD stock after the earnings preview?
Meyka AI rates AMD at 76.24 (B+, BUY) and projects mixed short-term outcomes. The model shows a one-year downside to USD 201.67 and five-year upside to USD 288.74.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
