Wedbush Predicts Higher Earnings for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Wedbush boosted their FY2025 earnings per share (EPS) estimates for Advanced Micro Devices in a report issued on Wednesday, October 15th. Wedbush analyst M. Bryson now expects that the semiconductor manufacturer will post earnings per share of $3.05 for the year, up from their prior estimate of $3.01. Wedbush has a “Outperform” rating and a $270.00 price target on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q4 2025 earnings at $1.04 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $1.13 EPS, Q3 2026 earnings at $1.43 EPS and Q4 2026 earnings at $1.58 EPS.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS.

A number of other brokerages also recently commented on AMD. HSBC lifted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup raised their target price on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Bank of America raised their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, The Goldman Sachs Group raised their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $231.00.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $234.56 on Friday. Advanced Micro Devices has a one year low of $76.48 and a one year high of $241.20. The company has a market cap of $380.65 billion, a price-to-earnings ratio of 134.80, a PEG ratio of 2.38 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The business’s 50 day moving average price is $174.75 and its 200 day moving average price is $140.57.

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares of the company’s stock, valued at $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 257,318 shares of company stock valued at $42,412,815. Corporate insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

A number of institutional investors have recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. GAMMA Investing LLC boosted its holdings in Advanced Micro Devices by 18.7% in the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after purchasing an additional 3,084 shares during the period. Inscription Capital LLC purchased a new position in Advanced Micro Devices in the first quarter valued at $146,000. Finally, Cornerstone Wealth Management LLC boosted its holdings in Advanced Micro Devices by 2.4% in the first quarter. Cornerstone Wealth Management LLC now owns 10,270 shares of the semiconductor manufacturer’s stock valued at $1,055,000 after purchasing an additional 241 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.