Advanced Micro Devices, Inc. (AMD)

DCF Valuation · Technology · Semiconductors

Valuation as at 2026-08-14 · see also the S&P 500 Most Undervalued screen

About Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Advanced Micro Devices, Inc. AMD

Technology · Semiconductors

Price
$483.01
Market Cap
$788.50B
Free Cash Flow
$8.84B
Beta
2.49
P/E (TTM)
123.5x
52-Week Range
$149.22–$584.73

Advanced Micro Devices, Inc.'s price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

$483.01 +225% vs 2024-08
S&P 500 $148.56$115.95$141.90$217.53$354.49$483.01 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$1.38 +156% vs Q2 '25
$0.54$0.75$0.92$0.84$1.38Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$1.56B -10% vs Q2 '25
$1.73B$1.90B$2.38B$2.57B$1.56BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share

No dividend history available.

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for AMD →

Intrinsic value estimate · 5-year forecast

BEAR
$52.76
vs current $483.01
-89.1% ❌ Overvalued
BASE
$83.61
vs current $483.01
-82.7% ❌ Overvalued
BULL
$105.23
vs current $483.01
-78.2% ❌ Overvalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$8.84B
Reported free cash flow (Yahoo)
Risk-free rate
4.68% ● LIVE
Live 10-yr govt bond
Beta
2.49
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.28%
Synthetic rating AAA, ICR 28.2x
Tax rate
25.00%
Estimated default
Capital structure
E 99% / D 1%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth12.5%25.0%30.0%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)19.29%18.29%17.29%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.68% + 2.49 × 5.50% = 18.37% · WACC = weighted by 99%/1% capital structure

These numbers come from running Advanced Micro Devices, Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or AMD's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with AMD →

More S&P 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Advanced Micro Devices, Inc. (AMD) undervalued?

The Base-case DCF estimates intrinsic value at $83.61 vs a price of $483.01 on 2026-08-14 — a -82.7% margin, so the Base case reads overvalued. This is a mechanical output, not advice.