Advanced Micro Devices, Inc. (NASDAQ:AMD) Receives $180.12 Average PT from Analysts

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) have earned an average rating of “Moderate Buy” from the thirty-eight ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, twenty-two have given a buy recommendation and four have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $181.3333.

A number of brokerages recently issued reports on AMD. Morgan Stanley decreased their price target on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 6th. UBS Group lifted their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Roth Capital set a $150.00 price objective on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Friday, June 13th. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Finally, Dbs Bank downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 8th.

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 252,998 shares of company stock worth $41,415,580. 0.06% of the stock is currently owned by insiders.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently modified their holdings of AMD. Pinney & Scofield Inc. raised its position in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Greenline Partners LLC purchased a new stake in Advanced Micro Devices in the 4th quarter valued at $28,000. Farmers & Merchants Trust Co of Chambersburg PA raised its position in Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 200 shares during the last quarter. American Capital Advisory LLC raised its position in Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Finally, Kozak & Associates Inc. raised its position in Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after purchasing an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 3.5%

Shares of Advanced Micro Devices stock opened at $162.63 on Monday. Advanced Micro Devices has a 52-week low of $76.48 and a 52-week high of $186.65. The company has a 50 day moving average of $159.34 and a 200 day moving average of $124.08. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $263.92 billion, a P/E ratio of 93.47, a P/E/G ratio of 1.93 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The firm’s revenue 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, research analysts forecast that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 14th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management 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.