Shareholders might have noticed that Advanced Micro Devices, Inc. (NASDAQ:AMD) filed its quarterly result this time last week. The early response was not positive, with shares down 7.8% to US$144 in the past week. It looks like a credible result overall - although revenues of US$6.8b were in line with what the analysts predicted, Advanced Micro Devices surprised by delivering a statutory profit of US$0.47 per share, a notable 16% above expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for Advanced Micro Devices

Taking into account the latest results, the most recent consensus for Advanced Micro Devices from 46 analysts is for revenues of US$32.6b in 2025. If met, it would imply a major 34% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 197% to US$3.34. In the lead-up to this report, the analysts had been modelling revenues of US$32.9b and earnings per share (EPS) of US$3.45 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

The consensus price target held steady at US$187, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Advanced Micro Devices analyst has a price target of US$250 per share, while the most pessimistic values it at US$146. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Advanced Micro Devices'historical trends, as the 27% annualised revenue growth to the end of 2025 is roughly in line with the 25% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 18% per year. So it's pretty clear that Advanced Micro Devices is forecast to grow substantially faster than its industry.