Stifel Nicolaus Boosts Advanced Micro Devices (NASDAQ:AMD) Price Target to $635.00

Advanced Micro Devices (NASDAQ:AMD) had its price objective increased by investment analysts at Stifel Nicolaus from $450.00 to $635.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor manufacturer’s stock. Stifel Nicolaus’ price target suggests a potential upside of 16.15% from the stock’s previous close.

Several other equities research analysts also recently commented on the stock. Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Evercore reissued an “outperform” rating and set a $579.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Weiss Ratings upgraded Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Northland Securities reaffirmed a “market perform” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a research report on Monday, April 27th. Finally, HSBC downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and lifted their price target for the company from $335.00 to $340.00 in a report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $458.92.

Advanced Micro Devices Trading Up 5.7%

Shares of AMD opened at $546.72 on Friday. The business’s 50-day moving average price is $487.19 and its 200 day moving average price is $317.24. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $891.48 billion, a P/E ratio of 179.25, a P/E/G ratio of 1.53 and a beta of 2.47. Advanced Micro Devices has a 1-year low of $141.60 and a 1-year high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 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 analyst estimates of $9.90 billion. During the same period in the prior year, the firm earned $0.96 earnings per share. The business’s quarterly revenue was up 37.8% on a year-over-year basis. Analysts expect that Advanced Micro Devices will post 6.15 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. The trade was a 2.47% 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 90 days, insiders sold 374,739 shares of company stock worth $161,135,671. Insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

A number of large investors have recently bought and sold shares of AMD. Brighton Jones LLC increased its holdings in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the period. United Bank boosted its position in Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. grew its holdings in Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after purchasing an additional 7,228 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: Goldman Sachs boosted its AMD price target to $640 from $450 and highlighted rising server CPU demand and agentic AI workloads as major growth drivers. Goldman Sachs Increases Advanced Micro Devices (AMD) Price Target to $640 from $450
• Positive Sentiment: William Blair initiated coverage on AMD, reinforcing Wall Street interest in the stock’s AI and data-center growth story. Advanced Micro Devices (NASDAQ:AMD) Coverage Initiated by Analysts at William Blair
• Positive Sentiment: AMD’s AI infrastructure push is expanding through a major partnership and campus-scale deployment plans, which could broaden long-term demand for its chips. AMD’s AI Infrastructure Push Gets Bigger
• Positive Sentiment: Analysts and commentators continue to frame AMD as an AI winner, with some arguing its chips are increasingly competitive on a performance-per-dollar basis versus Nvidia. Cathie Wood’s ARK Says AMD Chips ‘Can Already Be More Performant Per Dollar’ Than Nvidia
• Neutral Sentiment: AMD confirmed it will report fiscal Q2 2026 results on August 4, giving investors a near-term catalyst but also an event risk. AMD to Report Fiscal Second Quarter 2026 Financial Results
• Neutral Sentiment: AMD’s data-center revenue recently surpassed Intel’s, underscoring stronger execution in servers, though the comparison also highlights how competitive the market remains. AMD Just Out-Earned Intel in the Data Center. Here’s What That Means for Both Stocks.
• Negative Sentiment: Some articles warn that rising CPU competition from Intel and Nvidia could eventually slow AMD’s recent momentum. CPU competition gearing up to cool AMD’s massive run

About Advanced Micro Devices

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.