Advanced Micro Devices (NASDAQ:AMD) Shares Up 6.4% – Time to Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares traded up 6.4% during trading on Tuesday . The stock traded as high as $223.11 and last traded at $220.97. 55,942,801 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 34,125,406 shares. The stock had previously closed at $207.69.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: KeyBanc upgraded AMD to Overweight and raised its 12‑month price target to $270, citing near‑sold‑out server CPU supply for 2026 and meaningful AI‑chip revenue upside — the upgrade is the primary catalyst for the intraday rally. AMD stock surges 7% after bullish analyst call: here’s what KeyBanc’s upgrade means
• Positive Sentiment: Additional analyst coverage and high price targets (including a China Renaissance buy/initiation with a $291 target) reinforced the bullish narrative, lifting investor confidence that AMD can capture more AI datacenter share. China Renaissance sets buy and $291 target
• Positive Sentiment: Product momentum: CES previews (Helios AI platform) and launches like Ryzen AI Embedded plus continued adoption of Instinct MI300 accelerators support the revenue growth case for AI workloads and edge AI. This Analyst Says Advanced Micro Devices Will Soar 30% in 2026
• Neutral Sentiment: Broad analyst attention: multiple firms maintain elevated price targets and bullish notes, keeping expectations high; this sustained positive research flow amplifies short‑term momentum but also concentrates expectations. AMD Stock Soars as Top Analysts Maintain High Price Targets
• Negative Sentiment: Insider selling and valuation concerns: data shows heavy insider sales in recent months, and some commentary flags a high P/E (around 100x) and bubble risk for AI hardware — these raise downside risk if results or demand disappoint. Advanced Micro Devices Stock (AMD) Opinions on AI Market Developments
• Negative Sentiment: Valuation scrutiny: some outlets highlight stretched multiples and the risk of sharp pullbacks if AI demand growth slows or competition intensifies. Why Advanced Micro Devices Stock Popped Today

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent analyst reports. HSBC increased their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Saturday. Loop Capital set a $290.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research note on Wednesday, November 5th. TD Cowen raised their price target on shares of Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $277.44.

Advanced Micro Devices Stock Up 6.4%

The company has a quick ratio of 1.68, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $359.75 billion, a PE ratio of 109.39, a price-to-earnings-growth ratio of 0.86 and a beta of 1.95. The business has a 50-day moving average price of $220.29 and a 200-day moving average price of $193.07.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the sale, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total value of $4,461,246.50. Following the sale, the executive vice president directly owned 300,348 shares of the company’s stock, valued at $68,890,820.76. The trade was a 6.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 178,358 shares of company stock valued at $39,229,623. 0.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Wise Wealth Partners acquired a new position in shares of Advanced Micro Devices in the second quarter worth about $343,000. Waterfront Wealth Inc. purchased a new position in Advanced Micro Devices during the 2nd quarter valued at about $1,145,000. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $343,000. Global Retirement Partners LLC acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $4,519,000. Finally, Cornercap Investment Counsel Inc. lifted its position in shares of Advanced Micro Devices by 43.3% in the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after purchasing an additional 3,702 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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.