Advanced Micro Devices Inc. (AMD), US0079031078

AMD stock holds near $457 after strong Q2

Published on 09/04/2026 at 06:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMD stock trades near $457.06 after a Q2 that brought $11.54 billion in revenue and EPS of $1.66, while the latest analyst view still points to a Moderate Buy consensus.

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AMD stock (US0079031078) closed at $457.06 on September 2, 2026, giving Advanced Micro Devices, Inc. a market capitalization of $746.14 billion. The move followed a second quarter in which revenue reached $11.54 billion and adjusted EPS came in at $1.66, both above expectations.

Q2 numbers still matter

According to MarketBeat, AMD reported EPS of $1.66 for the quarter ended August 4, 2026, versus consensus at $1.62. Revenue was $11.54 billion, compared with estimates of $11.31 billion, and that marked 50.1 percent growth from the same quarter a year earlier.

The same report put net margin at 15.58 percent and return on equity at 12.30 percent. For investors, the comparison is simple: revenue growth of 50.1 percent and EPS ahead by $0.04 still set the tone for the stock.

Consensus stays upbeat

MarketBeat also said AMD had a consensus rating of Moderate Buy with an average price target of $553.72. That sits above the September 2, 2026 closing price by $96.66, or 21.1 percent.

A separate MarketBeat note on Zacks Research said the broker lowered AMD from strong-buy to hold, while the wider consensus stayed at Moderate Buy. The stock still trades well above its 52-week low of $149.22 and below its 52-week high of $584.73.

Go deeper

AMD data center growth stays in view

AMD's latest quarter and the current analyst target put the data center business back at the center of the stock debate.

AMD coverage Investor Relations

EPYC and Ryzen drive sales

AMD's product mix still revolves around EPYC data center processors, Ryzen client chips and Radeon graphics, with AI accelerators now adding to the revenue base. The MarketBeat report said the company had 71.34 percent institutional ownership and a debt-to-equity ratio of 0.03, reinforcing the balance-sheet profile behind the earnings story.

Stock near the high range

AMD stock ended September 2, 2026 at $457.06 on Nasdaq, after a one-month return of minus 6.59 percent and a 52-week gain of 182.50 percent. That leaves the shares below the 52-week high and far above the low, with the market cap at $746.14 billion on the same closing date.