Advanced Micro Devices (NASDAQ:AMD) Earns Buy Rating from Roth Capital

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating reiterated by analysts at Roth Capital in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $300.00 price target on the semiconductor manufacturer’s stock. Roth Capital’s price objective would indicate a potential upside of 17.06% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Bank of America reissued a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday. Mizuho boosted their price target on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday. Robert W. Baird set a $300.00 price objective on Advanced Micro Devices in a report on Wednesday, November 5th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price for the company in a research note on Wednesday, October 8th. Finally, HSBC raised their price target on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $273.49.

Advanced Micro Devices Price Performance

AMD stock traded up $18.75 during midday trading on Wednesday, hitting $256.27. 80,058,009 shares of the stock were exchanged, compared to its average volume of 49,999,906. The stock’s 50-day moving average price is $202.47 and its 200-day moving average price is $161.38. 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 stock has a market cap of $417.22 billion, a price-to-earnings ratio of 147.13, a PEG ratio of 2.42 and a beta of 1.93. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. Advanced Micro Devices’s quarterly revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following 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 disclosure for this sale is available in the SEC filing. Insiders have sold 264,118 shares of company stock worth $44,448,619 in the last 90 days. 0.06% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Advanced Micro Devices by 0.9% during the third quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock valued at $25,238,876,000 after purchasing an additional 1,348,892 shares during the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 0.8% in the 2nd quarter. State Street Corp now owns 72,069,259 shares of the semiconductor manufacturer’s stock valued at $10,226,628,000 after buying an additional 581,330 shares during the period. Geode Capital Management LLC grew its position in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after buying an additional 514,445 shares during the last quarter. Norges Bank bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $3,094,662,000. Finally, Amundi raised its stake in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after acquiring an additional 1,319,064 shares during the period. Institutional investors own 71.34% of the company’s stock.

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.