Phillip Securities Upgrades Advanced Micro Devices (NASDAQ:AMD) to “Strong-Buy”

Advanced Micro Devices (NASDAQ:AMD) was upgraded by analysts at Phillip Securities from a “moderate buy” rating to a “strong-buy” rating in a report issued on Sunday,Zacks.com reports.

AMD has been the topic of a number of other research reports. Truist Financial set a $283.00 price objective on Advanced Micro Devices in a report on Wednesday, February 4th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. HSBC upped their price target on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Barclays restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $290.11.

Advanced Micro Devices Trading Up 0.3%

NASDAQ:AMD traded up $0.62 during midday trading on Friday, hitting $214.19. 13,589,260 shares of the company traded hands, compared to its average volume of 40,970,852. Advanced Micro Devices has a 12-month low of $76.48 and a 12-month high of $267.08. The firm has a market capitalization of $349.21 billion, a P/E ratio of 80.87, a P/E/G ratio of 0.81 and a beta of 1.94. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average is $221.82 and its 200-day moving average is $205.60.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the prior year, the company posted $1.09 EPS. Advanced Micro Devices’s quarterly revenue was up 34.1% on a year-over-year basis. On average, sell-side analysts predict that Advanced Micro Devices will post 3.87 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at $3,834,876.78. This represents a 12.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 164,000 shares of company stock valued at $36,034,173 in the last quarter. 0.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AMD. Brighton Jones LLC lifted its stake in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after acquiring an additional 2,970 shares during the period. MGO One Seven LLC increased its position in Advanced Micro Devices by 29.4% during the 2nd quarter. MGO One Seven LLC now owns 18,340 shares of the semiconductor manufacturer’s stock valued at $2,602,000 after buying an additional 4,169 shares in the last quarter. Finally, Vest Financial LLC raised its position in shares of Advanced Micro Devices by 39.3% in the 2nd quarter. Vest Financial LLC now owns 21,311 shares of the semiconductor manufacturer’s stock worth $3,024,000 after purchasing an additional 6,010 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Phillip Securities upgraded AMD from “moderate buy” to “strong‑buy,” a boost to investor sentiment and near‑term buying interest. AMD upgrade at Phillip Securities (via Zacks)
• Positive Sentiment: Reports say AMD will adopt LPDDR6 memory for its Medusa Halo chips — a product‑roadmap win that could improve performance/efficiency and supports market positioning in mobile/AI edge chips. AMD to adopt LPDDR6 (TipRanks)
• Positive Sentiment: AMD hired Ariel Kelman as Chief Marketing Officer, strengthening go‑to‑market and developer relations which can help product launches and demand capture. AMD hires Ariel Kelman (GlobeNewswire)
• Neutral Sentiment: Industry comparisons (Broadcom vs AMD; AMD vs Nvidia pieces) keep AMD in the AI chip conversation — useful for long‑term positioning but not an immediate catalyst. Broadcom vs AMD (247WallSt)
• Neutral Sentiment: Analyst and media pieces debating AMD vs. NVDA and long‑term upside keep interest high but create mixed short‑term signals for traders. AMD vs NVDA discussion (TalkMarkets)
• Neutral Sentiment: Several bullish narratives (momentum, valuation calls from BoA analysts) compete with cautionary pieces — this keeps volatility elevated. BoA analyst on AMD & NVDA (247WallSt)
• Negative Sentiment: Shares plunged after Q4 as the strong results were overshadowed by modest Q1 guidance and seasonal weakness concerns — a primary reason for recent selling pressure. AMD plunges post Q4 (Zacks)
• Negative Sentiment: Goldman and other coverage highlight operating‑expense/margin pressure as AMD scales datacenter and AI investments — a risk to near‑term profit expansion and guidance. Datacenter momentum but expense pressure (Yahoo Finance)
• Negative Sentiment: Bearish takes (price‑target downgrades, calls to sell at current levels) and questions about slowing growth amplify downside risk for short‑term traders. How low could AMD fall? (TipRanks)

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.