Advanced Micro Devices (NASDAQ:AMD) Stock Gets Price Target Increase from Bank of America

Advanced Micro Devices (NASDAQ:AMD) had its price target lifted by research analysts at Bank of America from $620.00 to $720.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the semiconductor manufacturer’s stock. Bank of America‘s target price points to a potential upside of 14.42% from the stock’s current price.

AMD has been the subject of a number of other reports. Truist Financial upped their price objective on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Susquehanna boosted their price target on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Stifel Nicolaus upped their price target on Advanced Micro Devices from $450.00 to $635.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, BMO Capital Markets initiated coverage on Advanced Micro Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $567.62.

Advanced Micro Devices Price Performance

Shares of AMD opened at $629.26 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The firm has a market cap of $1.03 trillion, a PE ratio of 161.76, a PEG ratio of 6.47 and a beta of 2.48. The firm’s 50 day moving average price is $501.65 and its 200 day moving average price is $428.43. Advanced Micro Devices has a twelve month low of $154.78 and a twelve month high of $630.80.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. As a group, research analysts expect that Advanced Micro Devices will post 6.43 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,993 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the sale, the senior vice president owned 26,623 shares in the company, valued at $13,010,393.87. This represents a 10.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total value of $12,669,750.00. Following the completion of the sale, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. This trade represents a 25.20% 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 three months, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. JNBA Financial Advisors boosted its holdings in Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 30 shares during the period. Bullseye Investment Management LLC acquired a new position in shares of Advanced Micro Devices during the second quarter valued at about $44,000. Luminist Capital LLC bought a new stake in shares of Advanced Micro Devices in the second quarter valued at about $46,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Advanced Micro Devices in the second quarter valued at about $53,000. Finally, Toews Corp ADV acquired a new stake in Advanced Micro Devices during the second quarter worth about $66,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

More Advanced Micro Devices News

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

• Positive Sentiment: Technical breakout supports momentum. AMD moved above key resistance and reached fresh highs, prompting one analyst to suggest the stock could advance toward $750 as AI demand strengthens. A separate technical analysis described the breakout as potentially signaling a much larger move. AMD’s AI-Fueled Breakout Could Carry Stock to $750, Analyst Says
• Positive Sentiment: AI and CPU demand remain the central catalyst. Market coverage points to growing demand for AMD’s data-center products, MI450 deployments and the Helios architecture. CEO Lisa Su also indicated that mainstream agentic AI could create a new wave of CPU demand, while optimism surrounding Meta’s AI initiatives is benefiting chipmakers. CPUs Are Hot Again: AMD’s Lisa Su Says the Real Demand Wave Hasn’t Even Started
• Positive Sentiment: AMD’s market-cap milestone is reinforcing its re-rating. The company recently entered the $1 trillion market-cap club, reflecting investor confidence that AMD is becoming a credible Nvidia alternative in GPUs and broader AI infrastructure. Taiwan’s record chip exports also support the sector-wide demand narrative. Advanced Micro Devices reaches $1T market cap amid AI boom
• Neutral Sentiment: Relative valuation is a key investor debate. Comparisons with Nvidia highlight AMD’s rapid 2026 appreciation and expanding market value, but also show that AMD trades at a substantially richer forward earnings multiple. The rally has made the stock more sensitive to earnings, product launches and AI adoption.
• Negative Sentiment: High expectations create downside risk. Commentators warn that AMD has become expensive and that AI spending could eventually produce weaker returns. Rising Treasury yields and profit-taking have previously pressured the shares, underscoring the risk that any slowdown in AI deployments or execution could trigger a sharp pullback. AMD Investors Must Pay Attention to This Huge Warning Sign

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.