Advanced Micro Devices (NASDAQ:AMD) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Advanced Micro Devices (NASDAQ:AMD) had its price objective raised by equities research analysts at Stifel Nicolaus from $635.00 to $700.00 in a research note issued on Monday, MarketBeat reports. The firm presently has a “buy” rating on the semiconductor manufacturer’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 7.79% from the company’s previous close.

Several other research firms also recently commented on AMD. Wolfe Research set a $450.00 price objective on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Monday, June 15th. Sanford C. Bernstein reissued an “outperform” rating and set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. William Blair reissued a “market perform” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $565.00 to $641.00 in a research report on Tuesday, August 25th. Finally, The Goldman Sachs Group raised their price target on Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $576.88.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $649.42 on Monday. The company has a market cap of $1.06 trillion, a PE ratio of 166.95, a price-to-earnings-growth ratio of 6.55 and a beta of 2.45. Advanced Micro Devices has a 52 week low of $188.22 and a 52 week high of $658.52. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The firm’s 50-day simple moving average is $519.28 and its two-hundred day simple moving average is $452.34.

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

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the transaction, the executive vice president owned 363,317 shares of the company’s stock, valued at $182,766,616.85. The trade was a 4.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was 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. Insiders sold a total of 213,838 shares of company stock valued at $105,533,836 over the last quarter. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the last quarter. State Street Corp boosted its holdings 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 worth $46,606,266,000 after purchasing an additional 2,149,563 shares in the last quarter. Invesco Ltd. increased its position in shares of Advanced Micro Devices by 15.9% during the 4th quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after purchasing an additional 2,124,867 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $7,022,226,000. Finally, Jennison Associates LLC lifted its position in Advanced Micro Devices by 5.8% in the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after buying an additional 545,575 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Analysts raised price targets: Citigroup lifted its target to $800 from $575, Mizuho increased its target to $705 from $580, and BNP Paribas raised its target to $960 from $600. The upgrades reflect expectations that agentic AI and expanding computing workloads will boost demand for AMD’s CPUs and data-center products. Citigroup AMD price target article
• Positive Sentiment: AI demand outlook remains strong: CEO Lisa Su said demand for AI chips should remain “very high” for years and that AMD plans to substantially increase supply in 2027. The company is working with suppliers in Taiwan and South Korea to secure additional wafer and memory capacity, which could allow it to capture more data-center and AI-inference sales. Reuters AMD supply article
• Positive Sentiment: Meta’s Muse is viewed as a catalyst: Analysts said Meta’s AI-agent initiative could require substantial computing, memory and networking resources, benefiting AMD as demand expands beyond traditional chatbot infrastructure. Investors are also encouraged by AMD’s rapidly growing data-center business and expectations for continued earnings growth. Investopedia Meta Muse AMD article
• Neutral Sentiment: AMD announced that it will release fiscal third-quarter 2026 results after the market close on November 3, followed by a conference call. The report will be an important test of AI-chip sales, data-center growth, margins and the company’s forward supply outlook. AMD earnings announcement
• Negative Sentiment: Valuation raises execution risk: With AMD valued above $1 trillion and trading at a very high earnings multiple, the stock appears priced for significant AI growth. Any supply constraints, weaker-than-expected earnings or delays in new AI products could trigger volatility. Analysts also noted a wide range of price targets, highlighting disagreement about the sustainability of the rally.

Advanced Micro Devices Company Profile

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.