Advanced Micro Devices (NASDAQ:AMD) Upgraded to Buy at Seaport Research Partners

Seaport Research Partners upgraded shares of Advanced Micro Devices (NASDAQ:AMD) from a neutral rating to a buy rating in a research note released on Wednesday morning, MarketBeat reports. Seaport Research Partners currently has $430.00 target price on the semiconductor manufacturer’s stock.

A number of other equities analysts have also recently weighed in on the company. China Renaissance started coverage on Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 price objective on the stock. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. DA Davidson raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and increased their target price for the company from $220.00 to $375.00 in a report on Friday, April 24th. Sanford C. Bernstein raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and increased their target price for the company from $265.00 to $525.00 in a report on Wednesday. Finally, Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $385.86.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $420.56 on Wednesday. The business’s 50-day moving average price is $240.09 and its two-hundred day moving average price is $230.52. Advanced Micro Devices has a twelve month low of $96.88 and a twelve month high of $430.60. The stock has a market cap of $685.66 billion, a P/E ratio of 137.89, a PEG ratio of 1.26 and a beta of 2.40. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.68% and a net margin of 13.37%.The company’s revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 EPS. As a group, equities analysts predict that Advanced Micro Devices will post 5.91 EPS for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at $432,612,950. The trade was a 2.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last quarter. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

A number of large investors have recently bought and sold shares of the stock. World Equity Group Inc. increased its stake in Advanced Micro Devices by 2.1% in the 1st quarter. World Equity Group Inc. now owns 5,125 shares of the semiconductor manufacturer’s stock worth $1,042,000 after purchasing an additional 103 shares during the period. Hanseatic Management Services Inc. purchased a new position in Advanced Micro Devices in the 1st quarter worth approximately $369,000. AIA Group Ltd increased its stake in Advanced Micro Devices by 61.5% in the 1st quarter. AIA Group Ltd now owns 30,659 shares of the semiconductor manufacturer’s stock worth $6,237,000 after purchasing an additional 11,675 shares during the period. Mediolanum International Funds Ltd increased its stake in Advanced Micro Devices by 69.2% in the 1st quarter. Mediolanum International Funds Ltd now owns 196,408 shares of the semiconductor manufacturer’s stock worth $38,504,000 after purchasing an additional 80,354 shares during the period. Finally, Spartan Wealth Advisory Services LLC purchased a new position in Advanced Micro Devices in the 1st quarter worth approximately $2,445,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: Q1 results beat and bullish Q2 guide: AMD reported stronger-than-expected Q1 revenue and EPS and gave Q2 revenue guidance above Wall Street consensus, a combination that sparked heavy buying into the stock. Read More.
• Positive Sentiment: Data‑center momentum — CEO and results point to accelerating server CPU and GPU demand: management raised the long‑term server CPU opportunity to ~$120B and highlighted agentic AI driving faster-than-expected cloud spending. That narrative underpins stronger revenue and margin expectations. Read More.
• Positive Sentiment: Wall Street upgrades and price‑target lifts amplified the rally: multiple firms raised targets and issued upgrades after the beat & guide, which increases buy‑side conviction and fuels momentum. Read More.
• Positive Sentiment: Supply and capacity wins reduce near‑term constraint risk: reports of TSMC capacity wins and AMD securing critical memory allocations eased investor concerns about the company being supply‑constrained during the AI ramp. Read More.
• Neutral Sentiment: Macro and market tailwinds helped sentiment: broader risk‑on moves (oil down on Iran diplomacy, indexes rising) amplified AMD’s move — helpful context, but not an AMD‑specific fundamental change. Read More.
• Neutral Sentiment: Investor cautions on momentum/positioning: some prominent investors and technical analysts warn against chasing the move (overbought indicators, heavy post‑earnings flows), suggesting short‑term volatility even as the long‑term thesis remains intact. Read More.
• Negative Sentiment: Valuation, profit‑taking and margin pressure risks: the rally pushes valuation toward “priced for perfection,” insiders have sold shares, and rising memory prices could pressure gaming/PC demand — all reasons some analysts still urge caution or rate the stock a hold. Read More.

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.