Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Advanced Micro Devices in a report released on Monday, June 9th. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor manufacturer will post earnings per share of $4.56 for the year. Cantor Fitzgerald currently has a “Overweight” rating on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. The firm had revenue of $7.44 billion during the quarter, compared to analyst estimates of $7.10 billion. During the same period last year, the company earned $0.62 earnings per share. The business’s revenue for the quarter was up 35.9% on a year-over-year basis.
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Advanced Micro Devices Price Performance
Advanced Micro Devices stock opened at $118.50 on Wednesday. Advanced Micro Devices has a one year low of $76.48 and a one year high of $187.28. The business has a fifty day moving average price of $103.76 and a 200-day moving average price of $111.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. The firm has a market capitalization of $192.14 billion, a P/E ratio of 119.70, a PEG ratio of 1.11 and a beta of 1.99.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of AMD. Norges Bank purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth about $2,867,193,000. Goldman Sachs Group Inc. increased its holdings in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the last quarter. Toronto Dominion Bank lifted its holdings in Advanced Micro Devices by 443.3% in the 4th quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer’s stock worth $660,475,000 after buying an additional 4,461,609 shares during the period. Finally, Nuveen LLC purchased a new stake in Advanced Micro Devices in the 1st quarter worth approximately $436,746,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Transactions at Advanced Micro Devices
In other news, EVP Mark D. Papermaster sold 17,500 shares of Advanced Micro Devices stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total value of $1,670,725.00. Following the transaction, the executive vice president now owns 1,713,710 shares in the company, valued at approximately $163,607,893.70. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.06% of the company’s stock.
Advanced Micro Devices declared that its board has initiated a stock buyback plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor manufacturer to repurchase up to 3.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
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.
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