Advanced Micro Devices (NASDAQ:AMD – Get Free Report) had its target price hoisted by investment analysts at DA Davidson from $375.00 to $425.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. DA Davidson’s price objective would suggest a potential upside of 19.63% from the company’s previous close.
Several other equities analysts have also commented on the company. Roth Mkm restated a “buy” rating and issued a $500.00 price target on shares of Advanced Micro Devices in a report on Wednesday. Wedbush lifted their price objective on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday. Benchmark reissued a “buy” rating and set a $325.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Jefferies Financial Group restated a “buy” rating and issued a $415.00 target price on shares of Advanced Micro Devices in a research note on Wednesday. Finally, Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $359.11.
Read Our Latest Stock Analysis on AMD
Advanced Micro Devices Stock Up 4.0%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. The firm’s quarterly revenue was up 37.8% on a year-over-year basis. Research analysts anticipate that Advanced Micro Devices will post 5.82 EPS for the current fiscal year.
Insider Activity at Advanced Micro Devices
In related news, CEO Lisa T. Su sold 85,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total value of $16,895,450.00. Following the sale, the chief executive officer directly owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 304,672 shares of company stock worth $70,135,070 in the last ninety days. 0.50% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Gerald Baker Financial Group LLC bought a new position in Advanced Micro Devices during the first quarter worth $503,000. Allspring Global Investments Holdings LLC increased its stake in Advanced Micro Devices by 2.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 635,010 shares of the semiconductor manufacturer’s stock valued at $133,485,000 after purchasing an additional 15,399 shares during the last quarter. Oder Investment Management LLC raised its holdings in shares of Advanced Micro Devices by 3.7% during the first quarter. Oder Investment Management LLC now owns 1,117 shares of the semiconductor manufacturer’s stock worth $227,000 after purchasing an additional 40 shares during the period. Frisch Financial Group Inc. raised its holdings in shares of Advanced Micro Devices by 9.9% during the first quarter. Frisch Financial Group Inc. now owns 3,184 shares of the semiconductor manufacturer’s stock worth $648,000 after purchasing an additional 288 shares during the period. Finally, Independent Financial Group LLC bought a new position in shares of Advanced Micro Devices in the 1st quarter worth about $7,995,000. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices News Summary
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Q1 beat and bullish guidance — AMD reported above-consensus Q1 results and raised Q2 revenue guidance (roughly $10.9B–$11.5B / ~$11.2B midpoint), driven by a big jump in data-center (AI) sales; that beat-and-raise is the primary catalyst for the rally. Read More.
- Positive Sentiment: AI & data-center demand conviction — Management highlighted strong EPYC/Instinct adoption and secured memory supply for AI deployments, supporting multi?quarter revenue visibility for server CPUs and accelerators. Read More.
- Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised ratings/targets (Goldman, Truist, Wedbush, Bernstein among others), adding momentum and buy-side conviction after the results. Read More.
- Neutral Sentiment: Macro tailwind — improved risk sentiment from reports of progress toward a U.S.?Iran deal lifted futures and helped tech names broadly, amplifying AMD’s earnings move. Read More.
- Neutral Sentiment: Partnerships & ecosystem traction — recent cloud and partner announcements (e.g., Zyphra, Riot expansions) validate product wins but are longer?lead revenue signals rather than immediate upside. Read More.
- Negative Sentiment: Supply?chain and production constraints — analysts and industry write?ups flag packaging (CoWoS) bottlenecks and capacity limits that could cap near?term fulfillment, a key reason some investors remain cautious. Read More.
- Negative Sentiment: Valuation and profit?taking concerns — HSBC and others flagged valuation/peak expectations ahead of earnings; notable insider/institutional selling and rotations have been reported, creating downside risk if guidance or margins slip. Read More.
- Negative Sentiment: Near?term margin/price risks — management noted that rising memory/pricing dynamics could pressure PC/gaming end markets even as AI/data?center revenue accelerates, which investors will watch for in upcoming quarters. Read More.
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.
Featured Stories
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
