Northland Securities Comments on AMD FY2026 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Research analysts at Northland Securities raised their FY2026 earnings estimates for shares of Advanced Micro Devices in a note issued to investors on Wednesday, November 4th. Northland Securities analyst G. Richard now expects that the semiconductor manufacturer will post earnings per share of $7.18 for the year, up from their prior estimate of $5.97. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $6.59 per share. Northland Securities also issued estimates for Advanced Micro Devices’ Q4 2026 earnings at $2.53 EPS, Q1 2027 earnings at $3.33 EPS, Q2 2027 earnings at $4.07 EPS, Q3 2027 earnings at $4.59 EPS, Q4 2027 earnings at $4.73 EPS and FY2027 earnings at $16.71 EPS.

AMD has been the subject of a number of other research reports. Melius Research set a $650.00 target price on Advanced Micro Devices in a report on Wednesday, November 4th. Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 4th. Robert W. Baird set a $1,250.00 price target on Advanced Micro Devices in a research report on Friday, July 24th. Wells Fargo & Company dropped their price objective on shares of Advanced Micro Devices from $700.00 to $650.00 and set an “overweight” rating for the company in a research note on Wednesday, November 4th. Finally, UBS Group cut their price objective on shares of Advanced Micro Devices from $730.00 to $700.00 and set a “buy” rating on the stock in a research report on Wednesday, November 4th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $642.47.

Advanced Micro Devices Trading Up 13.3%

Shares of AMD stock opened at $508.58 on Tuesday. The company has a market cap of $830.24 billion, a PE ratio of 110.56, a price-to-earnings-growth ratio of 5.01 and a beta of 2.49. Advanced Micro Devices has a 1 year low of $188.22 and a 1 year high of $658.52. The stock’s 50 day simple moving average is $547.67 and its two-hundred day simple moving average is $416.28. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.72 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, topping the consensus estimate of $1.95 by $0.14. Advanced Micro Devices had a return on equity of 14.15% and a net margin of 16.77%. The company had revenue of $13.38 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same quarter last year, the business posted $1.20 earnings per share. The firm’s revenue was up 44.7% on a year-over-year basis.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Norrod sold 17,262 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total value of $9,333,563.40. Following the sale, the executive vice president directly owned 353,317 shares in the company, valued at approximately $191,038,501.90. This represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total value of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at $1,536,696,660.80. This represents a 2.26% 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. Over the last ninety days, insiders have sold 230,957 shares of company stock valued at $114,799,511. 0.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Micro Devices

Hedge funds have recently bought and sold shares of the business. Southpoint Capital Advisors LP raised its stake in Advanced Micro Devices by 50.0% in the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock valued at $183,087,000 after buying an additional 300,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Advanced Micro Devices by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock worth $1,045,954,000 after acquiring an additional 291,165 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in shares of Advanced Micro Devices by 6,968.7% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer’s stock worth $85,995,000 after acquiring an additional 138,328 shares during the last quarter. Douglas Lane & Associates LLC grew its stake in shares of Advanced Micro Devices by 2,748.0% during the third quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer’s stock worth $52,582,000 after acquiring an additional 82,934 shares during the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. increased its holdings in shares of Advanced Micro Devices by 1,288.6% during the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 220,170 shares of the semiconductor manufacturer’s stock valued at $127,899,000 after acquiring an additional 204,315 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: Google Cloud is using AMD’s 5th Gen EPYC processors for host infrastructure supporting its TPU 8tx system. The deal expands AMD’s role in large-scale AI infrastructure, although it is a CPU infrastructure win rather than a selection of AMD’s AI accelerators. AMD announcement on Google Cloud
• Positive Sentiment: Oppenheimer upgraded AMD to Outperform and set a $600 price target, citing accelerating sales and forecasting 135% data-center revenue growth next year. The call helped bolster confidence in AMD’s AI growth outlook. CNBC report on Oppenheimer upgrade
• Positive Sentiment: Recent quarterly results provided additional support: revenue rose 45% year over year, with data-center revenue up 97%, and management expects revenue growth to accelerate. A broader technology-sector rally also helped lift sentiment. Quarterly results and outlook
• Neutral Sentiment: AMD also benefited as investors looked for alternatives amid pressure on Nvidia, though analysts noted that chipmakers could face increased scrutiny of sales practices. MarketWatch analysis
• Negative Sentiment: A reported Radeon GPU bug affecting SSD lifespan is a product concern, although it did not prevent the rally. Commentary also flagged elevated valuation and rising inventory as risks to sustaining gains. TipRanks report on Radeon GPU bug

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors.

The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.