Equity Profile

AMD

Advanced Micro Devices, Inc.

Information TechnologySemiconductors$788.8B

Aug4Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company that designs and produces computer processors and graphics cards....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well AMD is managing its costs and generating profit.

$1.61

Revenue

Total revenue gives insight into AMD's sales performance and market demand for its products.

$11.3B

Wall Street expectations, options signals, track record, and call prep available with Pro.

AMD Q2-2026 Earnings Preview

Context

Company Snapshot

Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company that designs and produces computer processors and graphics cards. As a key player in the information technology sector, AMD is crucial for powering everything from personal computers to data centers, and it is increasingly involved in AI and cloud computing technologies.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+27.53%

Avg Stock Reaction

+0.36%

Last Quarter Recap

In Q1 2026, AMD reported an EPS of $1.37, significantly beating expectations of $1.06, which led to a positive stock reaction of 4.02% the following day. The company did not provide specific revenue figures, but the strong EPS surprise indicates robust performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are generally optimistic about AMD's upcoming earnings, expecting solid EPS and revenue figures. The company has consistently beaten earnings expectations in the past, which sets a positive tone for this quarter.

Bull Case

If AMD continues its trend of beating EPS estimates, it could signal strong demand for its products, particularly in the growing AI and cloud sectors, potentially driving the stock higher.

Bear Case

On the flip side, any signs of slowing growth or missed revenue targets could lead to a negative reaction, especially given the high expectations set by previous quarters.

Key Metrics to Watch

EPS

$1.61

Earnings per share is a key indicator of profitability and will show how well AMD is managing its costs and generating profit.

Revenue

$11.3B

Total revenue gives insight into AMD's sales performance and market demand for its products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will AMD's EPS exceed the consensus estimate of $1.61?

A beat on EPS would reinforce AMD's strong performance trend and could lead to positive market sentiment.

What is the revenue outlook for the upcoming quarters?

Understanding revenue growth will provide insights into AMD's market position and demand for its products, especially in AI and cloud computing.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating AMD's ability to capitalize on the growing demand for AI and cloud computing, which could lead to stronger revenue growth than anticipated.

Supporting Evidence

AMD has consistently beaten EPS estimates, indicating stronger operational performance than expected.

The options market is pricing a larger move than historical averages, suggesting traders anticipate significant news.

The recent strong performance in the semiconductor sector could bode well for AMD's results.

Key Risk

If AMD's revenue growth significantly exceeds expectations, it could shift market sentiment and lead to a reevaluation of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will indicate whether AMD can maintain its growth trajectory amid increasing competition.

Bull Confirmed If

An EPS of $1.70 or higher would confirm strong demand and operational efficiency.

Bear Confirmed If

An EPS below $1.50 would raise concerns about slowing growth and market share.

Pre-Earnings Positioning

Options Market

Implied Move

±9.57%

Historical Avg

±2.8%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.6% while AMD has averaged ±2.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

85.1%

Calls (16.0M)P/C Ratio: 1.24Puts (11.8M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Semiconductors

n=30

Fade rate: 4 of 9 (44%)

This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AMD beats expectations, history suggests the stock could rise by around 0.36% on the next trading day, confirming strong demand.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around 2.78%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on AMD's market share in the AI and cloud sectors.
2Details on product demand and supply chain stability.
3Guidance on future revenue growth and profitability.
4Insights into competitive pressures and how AMD plans to address them.
5Any commentary on new product launches or technological advancements.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company that designs and produces computer processors and graphics cards....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well AMD is managing its costs and generating profit.

$1.61

Revenue

Total revenue gives insight into AMD's sales performance and market demand for its products.

$11.3B

Wall Street expectations, options signals, track record, and call prep available with Pro.

AMD Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+27.53%

Avg Stock Reaction

+0.36%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If AMD continues its trend of beating EPS estimates, it could signal strong demand for its products, particularly in the growing AI and cloud sectors, potentially driving the stock higher.

Bear Case

On the flip side, any signs of slowing growth or missed revenue targets could lead to a negative reaction, especially given the high expectations set by previous quarters.

Key Metrics to Watch

EPS

$1.61

Earnings per share is a key indicator of profitability and will show how well AMD is managing its costs and generating profit.

Revenue

$11.3B

Total revenue gives insight into AMD's sales performance and market demand for its products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will AMD's EPS exceed the consensus estimate of $1.61?

A beat on EPS would reinforce AMD's strong performance trend and could lead to positive market sentiment.

What is the revenue outlook for the upcoming quarters?

Understanding revenue growth will provide insights into AMD's market position and demand for its products, especially in AI and cloud computing.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating AMD's ability to capitalize on the growing demand for AI and cloud computing, which could lead to stronger revenue growth than anticipated.

Supporting Evidence

AMD has consistently beaten EPS estimates, indicating stronger operational performance than expected.

The options market is pricing a larger move than historical averages, suggesting traders anticipate significant news.

The recent strong performance in the semiconductor sector could bode well for AMD's results.

Key Risk

If AMD's revenue growth significantly exceeds expectations, it could shift market sentiment and lead to a reevaluation of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will indicate whether AMD can maintain its growth trajectory amid increasing competition.

Bull Confirmed If

An EPS of $1.70 or higher would confirm strong demand and operational efficiency.

Bear Confirmed If

An EPS below $1.50 would raise concerns about slowing growth and market share.

Pre-Earnings Positioning

Options Market

Implied Move

±9.57%

Historical Avg

±2.8%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.6% while AMD has averaged ±2.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

85.1%

Calls (16.0M)P/C Ratio: 1.24Puts (11.8M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Semiconductors

n=30

Fade rate: 4 of 9 (44%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AMD beats expectations, history suggests the stock could rise by around 0.36% on the next trading day, confirming strong demand.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around 2.78%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on AMD's market share in the AI and cloud sectors.
2Details on product demand and supply chain stability.
3Guidance on future revenue growth and profitability.
4Insights into competitive pressures and how AMD plans to address them.
5Any commentary on new product launches or technological advancements.