moxieoo
10-19

$Advanced Micro Devices(AMD)$ AMD $10B Quarters are seen coming…

AMD has given guidance in Q2 ER for Revenue of $7B for 3Q24 ($6.7 +/- $300M).   Today one may extrapolate at this guidance growth rate the 3Q24 Revenue guidance for 4Q24 will be in the $8B-$9B range.  This bodes well for AMD to be seen as turning sequential quarters in excess of $10B in 2025. Of course we need the uncertainty of the election behind us.

So after 6 November 2 1/2 weeks from today, Analysts will be anticipating $10B AMD 2025 quarters.  This then will conservatively conclude a $40B+ Revenue for AMD in 2025.   Using guidance given AMD operational values this yields a 2025 EPS in excess of $7.61.

With a reasonable 33 multiple this indicates an AMD SP in excess of $250 clearly seen by Christmas… and sets the stage for the best Santa Rally… $250 !!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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