Advanced Micro Devices (NASDAQ:AMD) Earns “Buy” Rating from Rosenblatt Securities

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating reiterated by analysts at Rosenblatt Securities in a research note issued on Tuesday, Benzinga reports. They presently have a $700.00 target price on the semiconductor manufacturer’s stock. Rosenblatt Securities’ price target would indicate a potential upside of 16.41% from the company’s previous close.

A number of other equities analysts also recently commented on AMD. Roth Capital boosted their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, June 15th. TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. BMO Capital Markets started coverage on Advanced Micro Devices in a report on Thursday, August 20th. They issued an “outperform” rating and a $550.00 price objective on the stock. Finally, Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $567.63.

Advanced Micro Devices Stock Down 1.0%

NASDAQ:AMD traded down $6.27 during mid-day trading on Tuesday, hitting $601.30. The stock had a trading volume of 7,576,117 shares, compared to its average volume of 32,970,391. Advanced Micro Devices has a twelve month low of $160.49 and a twelve month high of $639.00. The stock has a 50-day simple moving average of $507.70 and a two-hundred day simple moving average of $437.13. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $981.61 billion, a PE ratio of 154.66, a PEG ratio of 6.31 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly 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 analysts’ expectations of $11.31 billion. During the same quarter in the previous year, the business posted $0.48 EPS. The firm’s revenue was up 50.1% on a year-over-year basis. On average, equities research analysts anticipate that Advanced Micro Devices will post 6.43 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa Su sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the transaction, the chief executive officer owned 74,211 shares in the company, valued at $37,609,392.69. This trade represents a 25.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 213,838 shares of company stock worth $105,533,836. Insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Large investors have recently bought and sold shares of the business. Greenwich Wealth Management LLC purchased a new position in shares of Advanced Micro Devices during the second quarter worth about $396,000. QRG Capital Management Inc. raised its stake in Advanced Micro Devices by 15.7% during the 2nd quarter. QRG Capital Management Inc. now owns 287,822 shares of the semiconductor manufacturer’s stock valued at $168,236,000 after acquiring an additional 38,976 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Advanced Micro Devices by 37.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,826 shares of the semiconductor manufacturer’s stock worth $13,445,000 after acquiring an additional 6,227 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Advanced Micro Devices by 33.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,038,346 shares of the semiconductor manufacturer’s stock valued at $649,385,000 after purchasing an additional 257,351 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD launched AMD Ross, an AI assistant designed to help engineers manage embedded-software development. The product supports AMD’s strategy of expanding beyond chips into software and AI tools, although the announcement has not yet translated into significant near-term revenue expectations. AMD Stock Slips Despite the Launch of AI Agent Ross
• Positive Sentiment: Hewlett Packard Enterprise secured a reported $1.2 billion order from Vultr for systems built around AMD’s Helios AI racks. The deal strengthens evidence of commercial demand for AMD’s data-center products and prompted HPE to raise its networking growth outlook. Hewlett Packard Enterprise Stock Surges on AMD Order
• Positive Sentiment: President Capital raised its price target for AMD to $630 from $588 while maintaining a Buy rating, adding to the constructive analyst sentiment surrounding the company’s AI growth outlook. President Capital Adjusts AMD Price Target
• Neutral Sentiment: Investors continue assessing AMD’s recently announced $8.2 billion all-stock acquisition of World Labs. The deal brings spatial-intelligence and physical-AI expertise, including founder Fei-Fei Li as AMD’s chief scientist, but its long-term payoff remains uncertain and the stock-based structure could dilute shareholders. AMD to Acquire Fei-Fei Li’s World Labs
• Negative Sentiment: ARK Invest, led by Cathie Wood, sold more than $110 million of AMD and redirected capital toward Nvidia and Broadcom. The move may reinforce concerns that AMD’s recent rally has made the stock expensive relative to competing AI opportunities. Cathie Wood Sells AMD and Buys Nvidia and Broadcom
• Negative Sentiment: AMD’s valuation remains a major overhang after its powerful AI-driven advance. Commentary highlights a very high earnings multiple, while reported insider activity shows substantial selling and no open-market purchases in recent months. Potential China export restrictions and rising concerns about an AI spending slowdown add further risk. Why Chip Stocks Are Moving in Premarket Trading

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.