Benchmark Reaffirms “Buy” Rating for Advanced Micro Devices (NASDAQ:AMD)

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating restated by investment analysts at Benchmark in a report issued on Wednesday,Benzinga reports. They currently have a $325.00 target price on the semiconductor manufacturer’s stock. Benchmark’s target price would suggest a potential upside of 51.98% from the company’s current price.

Other analysts have also recently issued reports about the stock. Sanford C. Bernstein set a $235.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Stifel Nicolaus increased their price objective on Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Finally, Wedbush reiterated an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $289.69.

Advanced Micro Devices Stock Up 8.8%

Shares of AMD opened at $213.84 on Wednesday. The company has a market capitalization of $348.65 billion, a P/E ratio of 80.69, a PEG ratio of 0.74 and a beta of 1.94. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The business’s 50 day simple moving average is $219.55 and its 200-day simple moving average is $207.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business’s revenue was up 34.1% on a year-over-year basis. During the same period last year, the firm posted $1.09 EPS. As a group, sell-side analysts predict that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $215.14, for a total value of $26,892,500.00. Following the completion of the sale, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 271,892 shares of company stock valued at $58,476,908 in the last quarter. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Several institutional investors have recently modified their holdings of AMD. Vanguard Group Inc. lifted its stake in Advanced Micro Devices by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after buying an additional 2,525,109 shares in the last quarter. State Street Corp increased its position in shares of Advanced Micro Devices by 1.5% during the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after acquiring an additional 1,094,835 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Advanced Micro Devices by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after acquiring an additional 287,525 shares during the period. Norges Bank bought a new stake in Advanced Micro Devices in the 4th quarter valued at $4,929,312,000. Finally, Price T Rowe Associates Inc. MD lifted its position in Advanced Micro Devices by 0.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock valued at $4,352,864,000 after acquiring an additional 55,969 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: Large Meta deal validates AMD’s AI strategy and creates a multi‑year revenue stream — Meta agreed to deploy up to 6GW of AMD Instinct GPUs (deal value reported in the tens of billions, with some outlets describing upside to ~$100B) and may take an equity stake, giving AMD clear hyperscaler credibility and forward bookings that support growth expectations. VIEW: AMD secures Meta as next big AI chip customer (Reuters)
• Positive Sentiment: Wall Street bullishness and price‑target lift — Several analysts reiterated or maintained Buy/Outperform ratings and higher targets after the announcement (example: Robert W. Baird kept a Buy and $300 PT), which supports further upside from investor flows. AMD: Meta partnership underpins multi‑year data‑center growth (TipRanks)
• Neutral Sentiment: Deal mechanics include stock/warrant component that aligns Meta to scale deployments — Meta may acquire up to ~10% via performance‑linked warrants that vest on deployment and price milestones; that both strengthens customer incentives and makes future capital flows contingent on execution. Revenue visibility is high, but timing is back‑loaded (initial shipments expected H2 2026). Meta signs AI chips deal that could go up to $100 billion (Fortune)
• Neutral Sentiment: Macro market relief also helping tech — A recovery in risk sentiment and a softer dollar lifted broad technology names, amplifying AMD’s headline‑driven move. This is supportive but may fade if macro risk returns. Dollar Falls as Risk Sentiment Recovers (Yahoo Finance)
• Negative Sentiment: Dilution and “circular commerce” concerns — Some analysts caution the warrant/stock mechanics create dilution risk and a circular financing dynamic that could be costly to AMD shareholders if exercised; critical voices are weighing the long‑term economics for AMD versus the immediate revenue headline. Meta Deal ‘Wildly Concerning’ For AMD Stock (TalkMarkets)
• Negative Sentiment: Competitive context: Meta is also buying Nvidia — Meta’s simultaneous commitments to Nvidia limit the extent to which AMD can displace the incumbent; AMD still needs to convert validation into sustained share gains vs. Nvidia at scale. Meta also committed to Nvidia chips (CNBC)

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.