$Advanced Micro Devices(AMD)$ AMD has given guidance for Revenue of $7B for 3Q24 ($6.7 +/- $300M). One may extrapolate at this guidance growth rate the 4Q24 Revenue will be close to $9B. This bodes well for AMD to be seen as turning quarters in excess of $10B in 2025.
By Christmas then, Analysts anticipating $10B AMD 2025 quarters then will conservatively conclude a $40B Revenue for AMD in 2025. Using guidance given 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.
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