Advanced Micro Devices, Inc. (NASDAQ:AMD) Forecasted to Post FY2025 Earnings of $5.88 Per Share

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for shares of Advanced Micro Devices in a research note issued to investors on Wednesday, May 1st. Wedbush analyst M. Bryson now expects that the semiconductor manufacturer will earn $5.88 per share for the year, up from their previous forecast of $5.81. Wedbush has a “Outperform” rating and a $200.00 price objective on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.63 per share.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. Advanced Micro Devices’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the company posted $0.43 earnings per share.

Several other equities analysts have also recently weighed in on AMD. Raymond James cut Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and raised their price target for the company from $190.00 to $195.00 in a report on Tuesday, January 30th. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Saturday. Northland Securities upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research report on Wednesday, January 31st. Evercore ISI decreased their target price on shares of Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 1st. Finally, TD Cowen lifted their price target on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $183.94.

Advanced Micro Devices Trading Down 0.9 %

Shares of Advanced Micro Devices stock opened at $154.43 on Monday. Advanced Micro Devices has a twelve month low of $89.17 and a twelve month high of $227.30. The company has a quick ratio of 1.92, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $174.53 and a 200-day moving average price of $153.23. The firm has a market cap of $249.61 billion, a price-to-earnings ratio of 227.11, a PEG ratio of 2.33 and a beta of 1.66.

Institutional Trading of Advanced Micro Devices

A number of institutional investors have recently made changes to their positions in AMD. Tradewinds Capital Management LLC grew its position in Advanced Micro Devices by 102.9% during the 1st quarter. Tradewinds Capital Management LLC now owns 140 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 71 shares during the last quarter. Peoples Bank KS purchased a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $26,000. Spartan Planning & Wealth Management purchased a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $27,000. Northwest Bank & Trust Co purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $28,000. Finally, Bare Financial Services Inc purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Monday, April 15th. The stock was sold at an average price of $164.25, for a total value of $2,660,850.00. Following the transaction, the executive vice president now directly owns 1,554,602 shares in the company, valued at approximately $255,343,378.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the completion of the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at $255,343,378.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Joseph A. Householder sold 6,572 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $208.08, for a total transaction of $1,367,501.76. Following the completion of the transaction, the director now directly owns 2,197 shares in the company, valued at approximately $457,151.76. The disclosure for this sale can be found here. Insiders sold a total of 181,850 shares of company stock worth $34,637,833 over the last 90 days. Company insiders own 0.65% of the company’s stock.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.