Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) – Erste Group Bank upped their FY2027 earnings estimates for Advanced Micro Devices in a note issued to investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now anticipates that the semiconductor manufacturer will post earnings of $9.58 per share for the year, up from their prior forecast of $9.56. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.
A number of other analysts have also recently weighed in on AMD. Phillip Securities upgraded Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. Wedbush restated an “outperform” rating and issued a $290.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Benchmark reaffirmed a “buy” rating and issued a $325.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.53.
Advanced Micro Devices Trading Down 0.9%
Shares of AMD opened at $201.99 on Thursday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock has a market cap of $329.33 billion, a PE ratio of 76.22, a PEG ratio of 0.77 and a beta of 1.98. Advanced Micro Devices has a 1 year low of $76.48 and a 1 year high of $267.08. The stock has a 50 day simple moving average of $213.51 and a 200-day simple moving average of $212.73.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter last year, the company earned $1.09 earnings per share. The company’s revenue for the quarter was up 34.1% compared to the same quarter last year.
Insiders Place Their Bets
In related news, EVP Paul Darren Grasby sold 7,500 shares of the company’s stock in a transaction dated 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 represents a 5.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. This represents a 12.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 239,392 shares of company stock valued at $50,016,383. 0.06% of the stock is owned by corporate insiders.
Institutional Trading of Advanced Micro Devices
Hedge funds and other institutional investors have recently modified their holdings of the stock. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices during the fourth quarter worth $25,000. ORG Wealth Partners LLC boosted its holdings in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. boosted its holdings in Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in Advanced Micro Devices in the fourth quarter worth about $27,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Advanced Micro Devices in the fourth quarter worth about $27,000. Institutional investors and hedge funds 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: AI-driven CPU/GPU pricing power — reports that AMD (and peers) can raise CPU prices amid AI data‑center demand are supporting upside to margins and free cash flow, a core reason investors have bid the stock higher recently. The Silicon Squeeze: AI Pricing Power Lifts Chip Stocks
- Positive Sentiment: Product & ecosystem momentum — AMD’s push into AI stacks (MI450 accelerators) and a new AMD‑optimized Rocky Linux release with CIQ simplify deployments for customers, strengthening the company’s data‑center roadmap and long‑term TAM. AMD Linux Push With CIQ Adds New Angle To AI Investment Story
- Positive Sentiment: Analyst/institutional backdrop — continued buy‑side research, modest upward earnings tweaks and multiple analyst price targets boost conviction that AMD’s AI/data‑center growth can drive meaningful upside beyond current year multiples. 5 April Buys With Double-Digit Year-End Targets
- Neutral Sentiment: Market commentary & momentum trades — bullish technical narratives and articles projecting multi‑year targets keep trading interest elevated, but much of that upside is speculative and tied to execution. AMD Stock Gets a Boost From Incoming CPU Price Hikes
- Negative Sentiment: Geopolitical risk and macro headlines — escalation in the Middle East has hit semiconductors broadly, prompting risk‑off flows that can pressure demand expectations and multiples for AMD and peers. Semiconductor Chip Stocks Slump As Middle East War Hits Day 28
- Negative Sentiment: Large fund selling / flows — high‑profile asset managers trimmed chip positions (including AMD), which can amplify short‑term downside when flows turn against the sector. ARK Invest Dumps $84M in Meta, Nvidia and Chip Stocks
- Negative Sentiment: Product/support & regulatory risk — gamer calls for FSR4 support on older GPUs and advancing U.S. export-control legislation (Chip Security Act) add execution and addressable‑market uncertainty that can weigh on near‑term sentiment. AMD Stock Slips as Gamers Call for FSR 4 Support Chip Security Act Puts AMD Export Controls And Valuation In Focus
About Advanced Micro Devices
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.
Further Reading
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