🔥Stock Prediction: How will AMD close Wednesday 3/8 following their earnings?

Tiger_Earnings
2022-08-01

Click to vote. Can you predict where AMD will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.​$AMD(AMD)$

AMD announced that it will release its Q2, 2022 earnings report after the closing bell on Tuesday, 2 August. Lets's guess where AMD will move following their earnings?​

​💡Here are the key numbers from the first-quarter report:

Its Q1 revenue rose to $5.89 billion from $3.45 billion a year earlier. Excluding Xilinx, AMD had a record quarterly revenue of $5.3 billion. Profit rose to $786 million, or 56 cents a share, from $555 million, or 45 cents a share, a year earlier.

AMD Q2 earnings consensus

AMD Q2 earnings consensus. Wall Street forecasts AMD will report a 69.5% year-on-year rise in revenue to $6.527 billion in the second quarter.  Wall Street forecasts AMD will report a 66% year-on-year rise in EPS to $1.046 in the second quarter.What are your insights about AMD's financial reports?

💰Activity Details

  • Click to vote. Guess where AMD will move following their earnings? If you get correct answers, you can get 20 Tiger Coins.
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⏰Event Time

The deadline for this event is 21:00 on 3rd August, SGT

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voteHow will AMD close Wednesday 3/8 following their earnings?(Single choice)
100 people voted· Ended

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  • ___ _
    ·2022-08-01
    Though AMD’s 2nd Quar results are expected to benefit from strong demand for EPYC processors thanks to adoption by the likes of Amazon AMZN and Google Cloud. i still expect the share price to be flat
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  • pekss
    ·2022-08-01
    TOP
    AMD should gain market share from Intel as the latter continues to struggle with its executions.AMD is no longer playing second fiddle to Intel, & has started to lead in some segments like data center
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  • StickyRice
    ·2022-08-02
    AMD continued to benefit from resilient demand in non-consumer verticals like data center & automotive. But global macroeconomic uncertainties are heightening investors’ concerns on the entire sector
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  • Kiwi1978
    ·2022-08-02
    There will be solid growth as AMD is a very well run company. Earning may be paired back due to the high USD. Biden’s policy to de-risk chipset supply chains can only help too!
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  • mster
    ·2022-08-02
    TOP
    I’m Bullish with $AMD(AMD)$. It should announce good earnings, looking for first resistance line at $101.50 to be broken to head towards $108.50. But if AMD fail, will likely find support at $85.15.
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    • MFME: 
      is the PE high
      2022-08-02
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  • koolgal
    ·2022-08-03

    AMD is taking market share from its rival Intel in the server and PC markets. In the latest earnings report, its revenue is up at USD6.55 billion versus USD 6.53 billion expected.  Its Earnings per share is USD 1.05 versus USD 1.03 expected. 

    However AMD CEO, Lisa Su said that she saw declines in the current PC business. 

    AMD share price is down 31% so far this year due to high inflation and recession fears.  I am bullish on AMD as it ticks all the fundamentals of a quality stock.  It is profitable, has a solid balance sheet and a great management team.  I see the current price volatility as a great opportunity to buy and hold long term.

    @Tiger_Earnings  @TigerStars  

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  • JLSE
    ·2022-08-04
    👌👌👌//@koolgal: AMD is taking market share from its rival Intel in the server and PC markets. In the latest earnings report, its revenue is up at USD6.55 billion versus USD 6.53 billion expected.  Its Earnings per share is USD 1.05 versus USD 1.03 expected. However AMD CEO, Lisa Su said that she saw declines in the current PC business. AMD share price is down 31% so far this year due to high inflation and recession fears.  I am bullish on AMD as it ticks all the fundamentals of a quality stock.  It is profitable, has a solid balance sheet and a great management team.  I see the current price volatility as a great opportunity to buy and hold long term.@Tiger_Earnings  @TigerStars  
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    • tanpp2307: 
      Ok!
      2022-08-04
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    • Roleodo: 
      Ok
      2022-08-04
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    • kM: 
      Few IT Store also recommended AMD for Laptop
      2022-08-04
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  • MicroStrategist
    ·2022-08-04
    Yayayaya papaya//@koolgal: AMD is taking market share from its rival Intel in the server and PC markets. In the latest earnings report, its revenue is up at USD6.55 billion versus USD 6.53 billion expected.  Its Earnings per share is USD 1.05 versus USD 1.03 expected. However AMD CEO, Lisa Su said that she saw declines in the current PC business. AMD share price is down 31% so far this year due to high inflation and recession fears.  I am bullish on AMD as it ticks all the fundamentals of a quality stock.  It is profitable, has a solid balance sheet and a great management team.  I see the current price volatility as a great opportunity to buy and hold long term.@Tiger_Earnings  @TigerStars  
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  • Tiger_Earnings
    ·2022-08-15
    Congratulations to the following Tiger Friends for getting 20 Tiger Coins @Falafulu@RDPD富爸穷爸@Venus_M @ahswee@JC888@ChrisM@Dazhu@Investforget@Omega88@Yunnn@Crisz@HelenJanet@JoeLeong@Morningguy@StickyRice@Look4Value@Mrzorro@hrlee@不死鸟.@aiyoh79@rL@BenjiFuji@OursBlue We will distribute it to you later. You can go to the Tiger Coin Center to check it out.
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    • HelenJanet: 
      Thank you 👍[Happy]
      2022-08-15
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    • BenjiFuji: 
      Thanks [love you]
      2022-08-15
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    • RDPD富爸穷爸: 
      Thank you 🙏
      2022-08-15
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  • Tiger_Earnings
    ·2022-08-05
    Congratulations to the following Tiger Friends for getting 20 Tiger Coins @Falafulu @RDPD富爸穷爸 Venus_M @ahswee @JC888 @ChrisM @Dazhu @Investforget @Omega88 @Yunnn @Crisz @HelenJanet @JoeLeong @Morningguy @StickyRice @Look4Value @Mrzorro @hrlee @不死鸟. @aiyoh79 @rL @BenjiFuji OursBlue We will distribute it to you later. You can go to the Tiger Coin Center to check it out.
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  • Lionel8383
    ·2022-08-02
    I expect AMD to surprise, as it has been outperforming Intel on CPUs and the decline in crypto wont affect AMD as much conpared to NVDA. Xilinx margins will be key to watch. Expect it to hit $105
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  • 己所不欲
    ·2022-08-02
    Im bullish on AMD. It is now trading at about 5.5x forward EV/sales, still a significant discount to the mean of approx 5.9x observed across the fabless semicon peer grp given its high-growth profile.
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  • Blueberryoh
    ·2022-08-02
    #下个星期的股市

    绝大部分的马股都在上两个星期触底上扬了。接下来这个星期将会是关键时刻。

    我用 “关键” 这个字眼，不是说股市会大跌或者大涨。而是指 “股市走势” 的转折关头。

    #美国加息幅度

    如果美国加息1.25%或以上，股市将会

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  • Dteg
    ·2022-08-02
    Last year, they would have done  well for sure. However a rising rates environment is known to be poor for tech related growth stocks. The issue should be whether the trend has bottomed or not
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  • setia100
    ·2022-08-02
    OMG❗The calendar didn't include Nancy Pelosi's trip to SE Asia, Taiwan, Korea & Japan ❗
    Now whatever predictions made based on the calendar given by Tiger all washed out till her trip is over😁
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  • Omega88
    ·2022-08-03
    All four of AMD's major segments grew during the quarter, in which overall revenue soared 70% year over year on a non-GAAP basis due to Xilinx acquisition. Hence, it can be considered a good Q2 result
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  • BenjiFuji
    ·2022-08-03
    The sentiment on AMD is positive and it is likely it will be able to do well and capture some market share from Intel. However uncertainties like inflation may still impact hence i am predicting flat
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  • 大王木瓜
    ·2022-08-02
    Predit a slight drop in light of the current uncertain macro economy and global supply constraint despite a pretty strong performance. Still positive in the long term in my opinion.
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  • duseve
    ·2022-08-02
    I am bullish on AMD, as the demand for chips and processors have not significantly decreased even in times of economic uncertainty. Technology is a necessity now, and AMD is well structured to benefit
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  • TBI
    ·2022-08-02
    i do think that AMD will be able to beat earnings estimates despite the headwinds semiconductor companies are facing. However, since AMD has been up near 30% it could be a sell the news type event.
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