Advanced Micro Devices (NASDAQ:AMD) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Advanced Micro Devices (NASDAQ:AMD) from a buy rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

Other analysts have also issued research reports about the stock. Robert W. Baird set a $1,250.00 price target on shares of Advanced Micro Devices in a research report on Friday, July 24th. Argus raised their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Zacks Research lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Citigroup boosted their target price on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Finally, DA Davidson increased their target price on Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $608.78.

Advanced Micro Devices Trading Down 7.5%

NASDAQ AMD opened at $466.84 on Friday. Advanced Micro Devices has a one year low of $188.22 and a one year high of $658.52. The business’s fifty day moving average is $548.16 and its 200-day moving average is $410.43. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market capitalization of $762.10 billion, a price-to-earnings ratio of 121.52, a PEG ratio of 5.94 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the previous year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was up 50.1% on a year-over-year basis. Equities research analysts predict that Advanced Micro Devices will post 6.50 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,262 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the transaction, the executive vice president directly owned 353,317 shares of the company’s stock, valued at $191,038,501.90. This trade represents a 4.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 231,100 shares of company stock worth $114,867,400. Company insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently modified their holdings of the business. First Citizens Financial Corp raised its position in shares of Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest raised its holdings in shares of Advanced Micro Devices by 1.5% during the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after buying an additional 17 shares in the last quarter. Private Client Services LLC raised its holdings in shares of Advanced Micro Devices by 1.7% during the 3rd quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after buying an additional 18 shares in the last quarter. Essential Investment Partners LLC lifted its position in Advanced Micro Devices by 40.0% in the 3rd quarter. Essential Investment Partners LLC now owns 63 shares of the semiconductor manufacturer’s stock worth $39,000 after buying an additional 18 shares during the last quarter. Finally, CKW Financial Group lifted its position in Advanced Micro Devices by 1.3% in the 3rd quarter. CKW Financial Group now owns 1,450 shares of the semiconductor manufacturer’s stock worth $893,000 after buying an additional 18 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Expectations remain favorable for AMD’s AI business. Its Helios AI systems began shipping in September, and investors will look for evidence that the product ramp can accelerate revenue growth. Analysts also cite strong AI demand and increasing EPYC server adoption as potential catalysts. AMD Reports Tuesday: Here’s the Number That Will Show Whether It’s Gaining on Nvidia
• Positive Sentiment: Morgan Stanley raised its AMD price target from $465 to $510 while maintaining an Equal Weight rating, suggesting some upside despite a cautious stance. Separately, Tiger Global reportedly initiated a roughly $392 million AMD position, signaling institutional interest ahead of earnings. Morgan Stanley AMD Ratings
• Neutral Sentiment: Third-quarter revenue is expected to be close to AMD’s approximately $13 billion forecast, making fourth-quarter guidance the key share-price catalyst. Investors will focus on the pace of Helios shipments, AI demand from hyperscalers and management’s outlook for Nvidia competition. AMD’s Guidance in Focus During Q3 Results
• Negative Sentiment: AMD is entering the report after a sharp pullback from its high, with options markets implying substantial post-earnings volatility and some data suggesting a possible further decline. Its elevated valuation increases the risk of a negative reaction if guidance fails to exceed expectations. Ahead of AMD Earnings: What Barchart Data Says Comes Next
• Negative Sentiment: Intel’s warning has revived concerns about weakness in the PC market, while rising memory prices and tighter supply could pressure costs across AI infrastructure. Analysts have also flagged competition, high expectations and “circular investing” risks involving AI companies.

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.