1. AMD set to report Q1 earnings; EPS expected at 94 cents. 2. Stock has risen 20.27% lately but down 16.61% year-to-date. 3. Short-term momentum strong but long-term indicators show caution. 4. Analysts give a Buy rating, price target average at $125.67. 5. Current stock price at $100.59, with potential upside of 26%.
The strong short-term momentum and positive analyst ratings suggest potential upside. Historically, AMD has shown recovery post-earnings when expectations are met.
The article contains key earnings information that can influence trading behavior and investor sentiment. The anticipated earnings and analyst outlook significantly inform market expectations for AMD.
Immediate focus on upcoming Q1 earnings impacts the stock in the near term. Previous earnings seasons demonstrated volatility based on earnings surprises.