Wall Street Zen Upgrades Advanced Micro Devices (NASDAQ:AMD) to “Buy”

Advanced Micro Devices (NASDAQ:AMD) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

AMD has been the subject of several other research reports. DA Davidson increased their price objective on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Benchmark upped their price target on shares of Advanced Micro Devices from $325.00 to $485.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Northland Securities reiterated a “market perform” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research note on Monday, April 27th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Finally, Raymond James Financial assumed coverage on Advanced Micro Devices in a report on Wednesday, May 6th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $468.65.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $544.43 on Monday. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The company has a market cap of $887.75 billion, a P/E ratio of 178.50, a P/E/G ratio of 1.46 and a beta of 2.47. Advanced Micro Devices has a twelve month low of $149.22 and a twelve month high of $584.73. The business has a fifty day simple moving average of $506.71 and a 200 day simple moving average of $334.80.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same period last year, the company posted $0.96 EPS. On average, sell-side analysts forecast that Advanced Micro Devices will post 6.25 EPS for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $536.33, for a total value of $3,217,980.00. Following the completion of the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at approximately $661,663,348.71. This represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the transaction, the executive vice president directly owned 324,527 shares of the company’s stock, valued at $140,000,947.80. The trade was a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 341,630 shares of company stock worth $152,147,456. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AMD. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $27,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $30,000. Finally, Graney & King LLC acquired a new stake in Advanced Micro Devices during the 1st quarter valued at approximately $31,000. 71.34% of the stock is owned by institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD’s expanded partnership with Microsoft is the biggest near-term driver. Microsoft said it will deploy AMD’s Helios rack-scale AI systems across Azure, which boosts AMD’s credibility in AI infrastructure and signals potential multi-year revenue from cloud data centers. Article Title
• Positive Sentiment: Investors are also positioning ahead of AMD’s upcoming Advancing AI 2026 event, where the company is expected to unveil new AI products, customer wins, and roadmap details that could further strengthen the bull case. Article Title
• Positive Sentiment: Several analysts raised price targets or reiterated constructive views on AMD, pointing to stronger AI demand, better chip outlooks, and expanding hyperscaler deals. Article Title
• Positive Sentiment: Broader semiconductor strength is also helping sentiment, with chip stocks rebounding across the sector and AMD participating in the rally alongside peers like Micron and Intel. Article Title
• Neutral Sentiment: Some commentary notes that AMD’s valuation is already elevated, so the stock may need continued execution and additional AI wins to justify further upside. Article Title
• Negative Sentiment: A few articles highlight risk that insider selling and a premium valuation could cap gains if the AI rollout disappoints or momentum cools. Article Title

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.