Advanced Micro Devices (NASDAQ:AMD) Given New $575.00 Price Target at JPMorgan Chase & Co.

Advanced Micro Devices (NASDAQ:AMD) had its price target raised by JPMorgan Chase & Co. from $550.00 to $575.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a neutral rating on the semiconductor manufacturer’s stock.

Other equities analysts have also issued research reports about the company. Wedbush reiterated an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Roth Capital upped their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Morgan Stanley raised their price objective on Advanced Micro Devices from $465.00 to $510.00 and gave the company an “equal weight” rating in a research note on Monday. KeyCorp reaffirmed an “overweight” rating and issued a $725.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday. Finally, DA Davidson lifted their target price on Advanced Micro Devices from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $627.61.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $488.78 on Wednesday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $797.92 billion, a price-to-earnings ratio of 106.26, a P/E/G ratio of 4.97 and a beta of 2.49. The firm’s 50 day simple moving average is $548.90 and its 200 day simple moving average is $413.03. Advanced Micro Devices has a 1 year low of $188.22 and a 1 year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, beating the consensus estimate of $1.95 by $0.14. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.34%. The business had revenue of $13.38 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same period in the previous year, the business earned $1.20 earnings per share. The company’s revenue was up 44.7% on a year-over-year basis. As a group, research analysts expect that Advanced Micro Devices will post 6.50 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,993 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the transaction, the senior vice president owned 26,623 shares of the company’s stock, valued at $13,010,393.87. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 231,100 shares of company stock valued at $114,867,400. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Citizens Financial Corp raised its holdings in Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 16 shares during the last quarter. Fearless Solutions LLC dba Best Invest boosted its stake in shares of Advanced Micro Devices by 1.5% in 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 purchasing an additional 17 shares during the last quarter. Private Client Services LLC boosted its stake in shares of Advanced Micro Devices by 1.7% in the 3rd quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after purchasing an additional 18 shares during the last quarter. Essential Investment Partners LLC increased its position in shares of Advanced Micro Devices by 40.0% during the third 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 period. Finally, CKW Financial Group increased its position in shares of Advanced Micro Devices by 1.3% during the third 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 period. 71.34% of the stock is currently 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 beat third-quarter earnings and revenue estimates, with data-center revenue up about 97% year over year on demand for Instinct GPUs and EPYC CPUs. The results helped bolster confidence that AI spending is translating into sales. Reuters report on AMD’s results and outlook
• Positive Sentiment: The company forecast fourth-quarter revenue of about $17 billion, above analyst expectations, and management outlined potential revenue growth of more than 80% in 2027 as AI infrastructure expands. AMD Q3 earnings-call outlook
• Positive Sentiment: Several analysts raised price targets after the results, including Piper Sandler, which lifted its target to $650 and maintained an Overweight rating. These revisions reflect optimism about AI demand and server CPU prospects. Analyst views following AMD’s results
• Neutral Sentiment: The strong results and outlook have helped shares recover, but the stock’s reaction has been uneven as investors weigh whether AMD can deliver on ambitious 2027 expectations. Analysts assess AMD’s earnings
• Negative Sentiment: Risks include an elevated valuation, weaker gaming performance, and pressure on free cash flow as AMD invests to support growth. The company also faces constraints in sourcing high-bandwidth memory, while Intel and custom-chip providers compete for data-center spending. AMD growth opportunities and risks

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.