Erste Group Bank Has Strong Estimate for AMD FY2027 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Stock analysts at Erste Group Bank increased their FY2027 earnings estimates for Advanced Micro Devices in a research note issued to investors on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now anticipates that the semiconductor manufacturer will post earnings of $11.89 per share for the year, up from their prior estimate of $11.81. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $6.15 per share.

Other equities analysts also recently issued reports about the company. Wolfe Research set a $450.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, June 15th. Melius Research set a $540.00 target price on Advanced Micro Devices in a report on Monday, May 18th. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. KeyCorp lifted their price target on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wedbush lifted their price target on Advanced Micro Devices from $290.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $445.81.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $539.49 on Tuesday. The business’s 50 day simple moving average is $450.43 and its 200-day simple moving average is $298.88. The firm has a market capitalization of $879.69 billion, a price-to-earnings ratio of 176.88, a price-to-earnings-growth ratio of 1.54 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. Advanced Micro Devices has a 12 month low of $133.50 and a 12 month high of $562.99.

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

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal 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, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the sale, the director owned 87,173 shares in the company, valued at $45,504,306. This represents a 9.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 378,032 shares of company stock worth $161,876,596 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Ballast Advisors LLC purchased a new position in Advanced Micro Devices in the 1st quarter valued at about $110,000. Sapient Capital LLC boosted its stake in shares of Advanced Micro Devices by 147.3% during the 1st quarter. Sapient Capital LLC now owns 5,130 shares of the semiconductor manufacturer’s stock worth $1,044,000 after purchasing an additional 3,056 shares during the last quarter. Vilga Financial Planning LLC purchased a new stake in shares of Advanced Micro Devices during the first quarter worth about $200,000. PVG Asset Management Corp grew its holdings in shares of Advanced Micro Devices by 498.1% during the first quarter. PVG Asset Management Corp now owns 13,769 shares of the semiconductor manufacturer’s stock worth $2,801,000 after buying an additional 11,467 shares in the last quarter. Finally, Lombard Odier Asset Management Europe Ltd raised its position in shares of Advanced Micro Devices by 31.4% in the first quarter. Lombard Odier Asset Management Europe Ltd now owns 90,469 shares of the semiconductor manufacturer’s stock valued at $18,404,000 after buying an additional 21,615 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD introduced Versal Gen 2 chips aimed at data-intensive AI workloads, reinforcing its role in the AI infrastructure buildout and supporting the bull case for future revenue growth. What's Going On With AMD Stock Tuesday?
• Positive Sentiment: UBS recently raised its price target on AMD to $670 while keeping a Buy rating, signaling continued Wall Street confidence in the company’s AI and semiconductor growth outlook. UBS Raises PT on Advanced Micro Devices (AMD)
• Positive Sentiment: AMD committed £2 billion to the UK and is helping build two AI supercomputers at Cambridge, a move that highlights international expansion and deepening exposure to AI infrastructure demand. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
• Positive Sentiment: Citi refreshed its AI compute semiconductor rankings and said AI compute demand remains undersupplied, a backdrop that supports AMD’s growth narrative alongside peers. New leader board: Citi refreshes AI compute semiconductor picks
• Neutral Sentiment: Several articles framed AMD as a leading AI and CPU stock versus Nvidia, but these were mostly comparative commentary rather than new company-specific catalysts. Nvidia vs. AMD: Which AI CPU Stock Is the Better Buy?
• Neutral Sentiment: Some recent pieces warned AMD’s rally may be driven partly by valuation and sentiment rather than fundamentals, which could make the stock vulnerable if expectations get too stretched. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
• Negative Sentiment: Chip stocks, including AMD, were described as selling off due to quarter-end positioning and a lack of fresh catalysts, suggesting near-term volatility can still pressure the shares. Why are Intel, AMD, ARM stocks selling off today?

Advanced Micro Devices Company Profile

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.