AMD Q3 Earnings Preview: High Expectations Set for Hardware Giant’s Stock Rally
Advanced Micro Devices (AMD) prepares to unveil its Q3 2025 earnings report on November 4, with Wall Street anticipating a potential stock surge. The chipmaker has already delivered an 86% year-to-date return, outpacing most hardware equities in the U.S. market.
Consensus estimates project $0.97 EPS, marking a 27.6% year-over-year increase, with revenue expected between $8.4B-$9B. Historical patterns suggest AMD shares typically rally when exceeding expectations—a scenario markets are pricing in ahead of the announcement.
The forward guidance for Q4 and full-year performance could trigger greater volatility than the earnings beat itself. Some analysts project up to 10% upside on bullish guidance, reinforcing the current 'Strong Buy' consensus among 57 covered analysts.