Advanced Micro Devices, Inc. (AMD) – What Are Researchers Thinking About This Stock?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) have been given a consensus rating of “Moderate Buy” by the forty-three ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, thirty-one have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $607.57.

A number of research firms recently commented on AMD. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $540.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Sanford C. Bernstein reissued an “outperform” rating and issued a $650.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Raymond James Financial upgraded shares of Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $565.00 to $641.00 in a report on Tuesday, August 25th. Zacks Research downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Finally, The Goldman Sachs Group increased their price target on Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research note on Monday, July 6th.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa Su sold 25,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the transaction, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. This trade represents a 25.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 231,100 shares of company stock valued at $114,867,400 over the last three months. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AMD. Summit Global Investments boosted its position in shares of Advanced Micro Devices by 75.5% in the third quarter. Summit Global Investments now owns 10,404 shares of the semiconductor manufacturer’s stock valued at $6,364,000 after acquiring an additional 4,477 shares during the period. Americana Partners LLC boosted its position in shares of Advanced Micro Devices by 8.0% during the 3rd quarter. Americana Partners LLC now owns 9,826 shares of the semiconductor manufacturer’s stock worth $6,011,000 after acquiring an additional 724 shares in the last quarter. Aprio Wealth Management LLC increased its stake in shares of Advanced Micro Devices by 21.3% in the 3rd quarter. Aprio Wealth Management LLC now owns 7,574 shares of the semiconductor manufacturer’s stock valued at $4,633,000 after purchasing an additional 1,330 shares during the last quarter. Kurv Investment Management LLC grew its position in Advanced Micro Devices by 13.9% in the third quarter. Kurv Investment Management LLC now owns 19,877 shares of the semiconductor manufacturer’s stock valued at $12,160,000 after acquiring an additional 2,427 shares during the last quarter. Finally, Greenup Street Wealth Management LLC grew its holdings in shares of Advanced Micro Devices by 32.1% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 593 shares of the semiconductor manufacturer’s stock valued at $363,000 after purchasing an additional 144 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD will invest $1 billion in Meta’s equity offering as the companies expand their AI infrastructure relationship. Meta is testing AMD Helios rack-scale systems, uses EPYC processors and Instinct GPUs, and plans to deploy a customized Instinct accelerator. The agreement strengthens AMD’s visibility with a major hyperscaler and supports the company’s strategy of competing with Nvidia in AI computing. AMD to Invest $1 Billion in Meta as Companies Expand AI Infrastructure Partnership
• Positive Sentiment: Investors are positioning ahead of the November 3 earnings report. Expectations call for continued data-center momentum from EPYC server CPUs and Instinct AI accelerators, while AMD’s agreements with Meta and OpenAI covering potentially large GPU deployments reinforce the growth outlook. Dear AMD Stock Fans, Mark Your Calendar for November 3
• Positive Sentiment: Susquehanna raised its AMD price target to $650 from $620 and maintained a positive rating. Aletheia Capital separately lifted its target to $800 with a Buy rating, reflecting optimism about AI and data-center growth. Susquehanna Adjusts Price Target on Advanced Micro Devices to $650 From $620
• Neutral Sentiment: AMD also benefited from a broader semiconductor rally after strong results from SK Hynix, lifting sentiment across AI-chip stocks. AMD, Broadcom, and Micron Stocks Lead Chip Sector Higher
• Negative Sentiment: Valuation remains a key risk. Commentary notes AMD’s rapid run-up, high earnings multiple and increasing competition from Nvidia, while ARK Invest has continued selling AMD shares. Higher TSMC wafer and advanced-packaging prices could also pressure AMD’s margins if costs cannot be passed to customers. Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $578.44 on Friday. Advanced Micro Devices has a 1-year low of $188.22 and a 1-year high of $658.52. The company has a market capitalization of $944.29 billion, a P/E ratio of 148.70, a PEG ratio of 5.30 and a beta of 2.45. The business has a 50 day moving average price of $545.58 and a 200 day moving average price of $405.90. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the prior year, the company earned $0.48 earnings per share. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. Sell-side analysts expect that Advanced Micro Devices will post 6.50 EPS for the current fiscal year.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.