Advanced Micro Devices (NASDAQ:AMD) Price Target Raised to $210.00

Advanced Micro Devices (NASDAQ:AMD) had its price target raised by The Goldman Sachs Group from $150.00 to $210.00 in a research note released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

A number of other equities research analysts have also recently weighed in on the stock. Benchmark lifted their price objective on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Melius upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price objective on the stock in a research note on Monday, June 23rd. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective on the stock in a research note on Wednesday. Finally, Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $218.25.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $214.76 on Wednesday. Advanced Micro Devices has a 1 year low of $76.48 and a 1 year high of $240.10. The company has a market cap of $348.51 billion, a price-to-earnings ratio of 123.42, a price-to-earnings-growth ratio of 2.74 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm has a fifty day moving average of $170.33 and a 200-day moving average of $137.22.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president owned 311,598 shares in the company, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold 275,316 shares of company stock valued at $45,203,045 in the last quarter. 0.06% of the stock is owned by company insiders.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Advisory LLC raised its holdings in Advanced Micro Devices by 1.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after buying an additional 57 shares during the period. King Wealth Management Group raised its holdings in Advanced Micro Devices by 2.1% during the 2nd quarter. King Wealth Management Group now owns 3,017 shares of the semiconductor manufacturer’s stock worth $428,000 after buying an additional 62 shares during the period. Abound Wealth Management grew its stake in Advanced Micro Devices by 20.3% during the 3rd quarter. Abound Wealth Management now owns 367 shares of the semiconductor manufacturer’s stock valued at $59,000 after acquiring an additional 62 shares in the last quarter. Synergy Financial Group LTD grew its stake in Advanced Micro Devices by 2.0% during the 2nd quarter. Synergy Financial Group LTD now owns 3,309 shares of the semiconductor manufacturer’s stock valued at $470,000 after acquiring an additional 64 shares in the last quarter. Finally, Tortoise Investment Management LLC grew its stake in Advanced Micro Devices by 14.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 503 shares of the semiconductor manufacturer’s stock valued at $71,000 after acquiring an additional 65 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.