Bank of America Raises Advanced Micro Devices (NASDAQ:AMD) Price Target to $560.00

Advanced Micro Devices (NASDAQ:AMD) had its target price hoisted by equities researchers at Bank of America from $500.00 to $560.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. Bank of America‘s price objective indicates a potential upside of 23.78% from the stock’s previous close.

Several other analysts have also issued reports on AMD. Morgan Stanley upped their price objective on Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Needham & Company LLC upgraded Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Rosenblatt Securities upped their price objective on Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Mizuho upped their price objective on Advanced Micro Devices from $515.00 to $615.00 and gave the company an “outperform” rating in a research note on Monday, June 1st. Finally, Citigroup upped their price objective on Advanced Micro Devices from $358.00 to $460.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $421.49.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $452.40 on Thursday. The stock has a 50 day moving average price of $374.69 and a 200 day moving average price of $270.50. Advanced Micro Devices has a 52 week low of $115.06 and a 52 week high of $546.44. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a market capitalization of $737.68 billion, a PE ratio of 148.33, a price-to-earnings-growth ratio of 1.40 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the prior year, the firm posted $0.96 earnings per share. The business’s quarterly revenue was up 37.8% compared to the same quarter last year. Analysts predict that Advanced Micro Devices will post 6.2 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the sale, the director owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This trade represents a 9.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total value of $55,688,750.00. Following the completion of the transaction, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at approximately $1,346,286,223.49. This trade represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 247,032 shares of company stock worth $101,072,366. 0.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AMD. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares in the last quarter. Sivia Capital Partners LLC increased its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after buying an additional 2,970 shares in the last quarter. United Bank increased its position in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after buying an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after buying an additional 7,228 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AI hardware and chip stocks, including AMD, are surging in pre-market trading as investors rotate back into the AI infrastructure theme. NVDA, AMD, DELL, SMCI: Why AI Hardware and Chip Stocks Are Rising Today — June 11, 2026
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for AMD, reinforcing the view that profit growth can continue at a faster pace than current consensus expects.
• Positive Sentiment: Wall Street price-target revisions remain upbeat, with multiple recent targets well above the current consensus, suggesting analysts still see meaningful upside for AMD over the next 12 months. Wall Street sets AMD stock price target for next 12 months
• Neutral Sentiment: Recent commentary and research continue to highlight AMD’s strong AI/datacenter growth story, including record data-center revenue and demand for EPYC and Instinct chips, but much of that optimism is already reflected in the stock’s elevated valuation. AMD Rides on Strong AI Infrastructure Growth: More Upside Ahead?
• Negative Sentiment: AMD has also been hit by a broader chip-sector pullback, with investors reducing exposure to high-multiple AI names amid rotation and concern that the AI infrastructure trade may be cooling. Why AI Chip Stocks NVDA, MU, AMD, INTC Are Falling Today — June 10, 2026
• Negative Sentiment: Some traders remain worried about dilution/circular-financing risk after AMD’s TensorWave investment, which has weighed on sentiment even though analysts still largely keep bullish ratings. AMD (AMD) Stock Slides 3.4% Following $350M Investment in AMD-Exclusive Cloud Provider

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.