Advanced Micro Devices (NASDAQ:AMD) Sets New 12-Month High – Should You Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) hit a new 52-week high on Thursday . The company traded as high as $354.76 and last traded at $353.5990, with a volume of 29514511 shares. The stock had previously closed at $337.11.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Susquehanna bumped its price target and reiterated a bullish thesis — the firm sees server‑CPU share gains and an AI‑accelerator ramp that could sustain the rally ahead of earnings. Read More.
• Positive Sentiment: Analyst and estimate upgrades are piling up (Erste/DA Davidson and others), lifting FY forecasts and validating the bullish data‑center narrative. Read More.
• Positive Sentiment: Big‑tech capex signals remain supportive — huge bond demand for Meta’s AI spending and other hyperscaler budgets underpin continued GPU/CPU demand for AMD. Read More.
• Positive Sentiment: Market commentary and flow data show continued rallying and institutional hedging (options buying downside protection but keeping upside exposure), suggesting bullish positioning into earnings. Read More.
• Neutral Sentiment: Insider sale: EVP Mark Papermaster sold shares under a pre‑arranged 10b5‑1 plan — a liquidity event but not an unexpected signal given the plan. Read More.
• Neutral Sentiment: Near‑term catalyst: Q1 earnings (May 5) and management guidance will likely determine whether the rally continues or the recent profit‑taking resumes. Street is watching revenue/AI‑GPU demand details closely. Read More.
• Negative Sentiment: OpenAI revenue shortfall headlines triggered a sector wobble and earlier AMD pullbacks — investor focus on AI partner spending cadence adds execution risk to the rally. Read More.
• Negative Sentiment: Some sell‑side caution and downgrades (e.g., Northland) and profit‑taking after a sharp rally keep upside contingent on a clean earnings beat and positive data‑center coloration. Read More. Read More.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Roth Mkm reissued a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Mizuho boosted their price target on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. Citigroup cut their price target on shares of Advanced Micro Devices from $260.00 to $248.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $297.49.

Advanced Micro Devices Stock Performance

The firm has a market capitalization of $577.94 billion, a PE ratio of 133.77, a P/E/G ratio of 1.21 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The company’s fifty day simple moving average is $229.49 and its 200 day simple moving average is $227.35.

Advanced Micro Devices (NASDAQ:AMD) last released 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. The business had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company’s revenue was up 34.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 earnings per share. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 5.78 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction 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 sale, the executive vice president owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 304,672 shares of company stock valued at $70,135,070 in the last three months. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Several institutional investors have recently made changes to their positions in AMD. Joseph Group Capital Management purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth $25,000. ORG Wealth Partners LLC lifted its holdings in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. lifted its holdings in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in Advanced Micro Devices during the fourth quarter valued at approximately $27,000. Finally, Cornerstone Financial Management LLC bought a new stake in Advanced Micro Devices during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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.