AMD 预期的高盈利增长足以支撑其当前估值；若业绩预期兑现，持有至年底有望获得约 55% 的回报。
逐段跳播
接下来是 Advanced Micro Devices。有人问起过它。我一直在给大家展示这家公司迄今为止的历史，但让我们来看看它的未来。如果这家公司在未来两年零一个季度里如分析师预测的那样增长 73%，我想强调一个重要观点。
分析师已大幅上调了对这家公司在这张图表所示每一年的盈利预期。如你所见，利润从 2025 年的 4.17 美元上升，增长 80%，到 2026 年达到 765 美元，并预计在接下来的一年，也就是 2027 年翻倍，然后再增长 43%。
因此，鉴于这种递减的累积，如果你今天买入这只股票并持有到年底，而公司实现了预期的盈利增长，你将获得大约 55% 的年均回报率。这低于公司的预期增长率，因为从技术上讲，当股价位于橙色线之上时，你为这只股票支付了额外的价格。
不过，多年来我在之前的视频中一直强调的一点是，如果一只优秀的成长股已经以高速度增长，你确实不能为它支付过高的价格。
Now, here's Advanced Micro Devices. I was asked about it. I have been showing you the company's history so far, but let's look at its future. If this company grows by 73% over the next two years and a quarter as analysts predict, I want to make an important point.
Analysts have significantly raised their estimates for this company for each of the years shown in this chart. As you can see, profits rose from $4.17 in 2025, grew by 80% to reach $765 by 2026, and are expected to double in the next year, 2027 , and then grow by another 43% .
Therefore, given this diminishing accumulation, if you buy this stock today and hold it until the end of the year, and the company achieves the expected earnings growth , you will get an average annual return of approximately 55%.
This is less than the company's expected growth rate, because technically, with the price above the orange line, you would have paid extra for the share. However, one thing I've emphasized in previous videos over the years is that you really can't pay an exorbitant amount for an excellent growth stock if it's already growing at high rates.
这个频道对 $AMD 的历次判断
FAST Graphs 在这只股票上只有这一条判断。