Advanced Micro Devices (NASDAQ:AMD) Stock Price Expected to Rise, Bank of America Analyst Says

Posted by Brian Himes on Jul 14th, 2026

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) had its price target boosted by equities researchers at Bank of America from $550.00 to $620.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor manufacturer’s stock. Bank of America‘s target price indicates a potential upside of 12.71% from the company’s previous close.

A number of other research firms have also issued reports on AMD. DA Davidson increased their target price on Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Evercore reissued an “outperform” rating and set a $579.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Needham & Company LLC upgraded Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Raymond James Financial initiated coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They issued a “market perform” rating for the company. Finally, Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $467.84.

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Advanced Micro Devices Stock Up 2.9%

Shares of NASDAQ:AMD traded up $15.69 during midday trading on Tuesday, hitting $550.08. 5,183,167 shares of the company’s stock traded hands, compared to its average volume of 36,772,691. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The company has a market cap of $896.96 billion, a PE ratio of 181.25, a P/E/G ratio of 1.64 and a beta of 2.47. The firm’s fifty day moving average price is $495.20 and its two-hundred day moving average price is $321.90. Advanced Micro Devices has a twelve month low of $149.22 and a twelve month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the firm earned $0.96 EPS. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. On average, equities research analysts anticipate that Advanced Micro Devices will post 6.18 EPS for the current fiscal year.

Insider Activity

In other news, EVP Mark D. Papermaster sold 6,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the completion of the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at approximately $661,663,348.71. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 374,739 shares of company stock worth $161,135,671 over the last quarter. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AMD. Joseph Group Capital Management acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices in the fourth quarter valued at about $27,000. Cornerstone Financial Management LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at about $27,000. Basepoint Wealth LLC acquired a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $30,000. Finally, Graney & King LLC acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $31,000. 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: Bank of America reiterated a constructive view on AMD, saying the company could beat earnings estimates and raise guidance thanks to strong server and AI demand, which helped reinforce the long-term growth thesis. AMD Seen Posting Strong Quarter
Positive Sentiment: AMD also received a higher price target from Bank of America, adding to the bullish analyst sentiment around the stock and its AI accelerator opportunity. AMD Gets Bigger AI Target From BofA
Positive Sentiment: QwikAgents, a Silo Pharma subsidiary, joined AMD’s AI Developer Program, highlighting AMD’s growing ecosystem and providing another small but positive reminder that developers are using AMD tools and cloud resources. Silo Pharma’s QwikAgents Accepted Into AMD AI Developer Program
Neutral Sentiment: Multiple commentary pieces argued that AMD remains an attractive long-term AI and semiconductor play, but these were mostly opinion-driven and did not add new fundamental information. Prediction: Lisa Su Will Deliver Great News for Advanced Micro Devices (AMD) Investors on Aug. 4
Neutral Sentiment: Market articles noted that AMD moved with the broader chip sector in premarket trading, suggesting macro sentiment and sector rotation were influencing the stock more than company-specific news. SNDK, MU, AMD, and INTC: Why Are Chip Stocks Rising in Pre-Market Today after a Sell-Off on Monday?
Negative Sentiment: AMD was hit by a broader semiconductor selloff tied to geopolitical worries, supply-chain concerns, and profit-taking across high-flying AI chip names. AMD Stock Drops 5: Why Global Supply Chain Fears and Tech Profit-Taking Are Hurting Chip Giants
Negative Sentiment: Several market wrapups also pointed to weakness in AI and chip stocks broadly, with investors questioning whether Big Tech spending can keep supporting the rally in semiconductors. Intel, AMD, Sandisk, and More Stocks That Explain Today’s Market

Advanced Micro Devices Company Profile

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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.