Erste Group lowers AMD rating to "Hold" as profit margin falls below industry average
I'm PortAI, I can summarize articles.
Erste Group downgraded AMD's stock rating from "Buy" to "Hold" due to its operating profit margin falling below the industry average. Analysts pointed out that AMD's EBITDA margin is expected to be 22% in fiscal year 2025, lower than the peers' 34.7%. Despite significant revenue growth for AMD, especially in the data center business, the current price-to-earnings ratio is considered high
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments