AMD posts Q3 revenue guidance of $13 billion and lifts H2 server revenue outlook over 80% YoY
AMD will report its fiscal third‑quarter results on November 3. The company guided revenue to about $13.0 billion, give or take $300 million, with gross margins near 56% and year‑over‑year growth of roughly 41%. It also raised its server‑revenue outlook for the second half of 2026 to more than 80% YoY growth, citing strong AI‑driven demand. Wedbush maintains an Outperform rating and a $600 price target on the stock.
Why it matters
The guidance sets the baseline for investors to gauge AMD’s ability to capture AI‑related server demand; stronger than expected results could lift the stock. Wedbush’s rating and target signal analyst confidence that the data‑center ramp could accelerate earnings in 2027.
Key facts
- 1AMD is scheduled to report fiscal Q3 results on Nov. 3. gurufocus.com
- 2Management guided revenue to roughly $13.0 billion, ± $300 million, representing about 13% sequential growth and 41% YoY growth. gurufocus.com
- 3Guidance includes gross margin near 56%. gurufocus.com
- 4AMD raised its server‑revenue outlook for H2 2026 to more than 80% YoY growth. tradingview.com
- 5Wedbush analyst Matt Bryson maintains an Outperform rating and a $600 price target on AMD. gurufocus.com
- 6Wedbush expects server CPUs and higher‑margin data‑center products to drive the upside. gurufocus.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.