Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $279.07B · View financials
Decision snapshot: AMD stock price vs IBM: inconclusive — current versus $70.27 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at IBM's multiple
Implied fair value · at AMD's multiple
Needs AMD P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ADVANCED MICRO DEVICES INC · implied price per share
Bear
$39.12
Base
$45.31
Bull
$53.38
INTERNATIONAL BUSINESS MACHINES CORP · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
NVIDIA Corporation
AMD vs NVDA
Intel Corporation
AMD vs INTC
Broadcom Inc.
AMD vs AVGO
QUALCOMM Incorporated
AMD vs QCOM
Texas Instruments Incorporated
AMD vs TXN
Microsoft Corporation
AMD vs MSFT
Oracle Corporation
AMD vs ORCL
Cisco Systems, Inc.
AMD vs CSCO
Cognizant Technology Solutions Corporation
AMD vs CTSH
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe AMD can sustain very high growth while expanding margins enough to justify 180.2x earnings and 22.5x sales, then holding or buying may make sense; otherwise, relative to IBM and the provided DCF/IBM ranges, the stock looks materially overvalued and offers poor risk-reward at $477.44.
AMD’s current price of $477.44 is far above both IBM-implied price of $55.06-$68.56 and the DCF range of $28.58-$38.67, indicating a substantial valuation premium versus IBM. The only range that contains the current price is AMD’s historical band of $429.70-$525.18, so the stock is priced near the upper end of its own past trading range rather than IBM or intrinsic estimates.
Supporting Metrics
