Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) was up 3% on Wednesday after Piper Sandler upgraded the stock to a strong-buy rating. The company traded as high as $526.79 and last traded at $521.09. 22,010,826 shares were traded during trading, a decline of 35% from the average session volume of 33,884,168 shares. The stock had previously closed at $505.74.
A number of other equities research analysts also recently commented on the company. Wells Fargo & Company increased their price objective on Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Monday, June 15th. Evercore reiterated an “outperform” rating and set a $579.00 price target on shares of Advanced Micro Devices in a report on Tuesday, May 19th. DA Davidson lifted their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Mizuho lifted their price target on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $565.12.
View Our Latest Analysis on Advanced Micro Devices
Insider Buying and Selling at Advanced Micro Devices
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Analyst upgrades and higher targets supported the stock. Piper Sandler upgraded AMD to “strong buy,” while CLSA raised its view to “moderate buy.” Recent bullish calls have cited potential price targets as high as $600–$710, driven by expected gains in AI accelerators and server CPUs. AMD analyst upgrades
- Positive Sentiment: Goldman Sachs conference commentary highlighted AMD’s AI opportunity. AMD’s presentation and related investor coverage emphasized expanding data-center demand, strategic AI partnerships and infrastructure investments. The company’s CFO has said its addressable market could reach approximately $2 trillion and expects the data-center business to double in 2027. Why AMD stock is up
- Positive Sentiment: Server CPU growth remains a key bullish theme. Analysts continue to expect AMD to gain share in the server processor market as cloud providers and enterprises expand computing capacity. Coverage also points to the upcoming MI450 product cycle as a potential catalyst for AMD’s AI accelerator business. AMD server CPU growth
- Positive Sentiment: Industry demand data reinforced the AI spending outlook. Taiwan Semiconductor Manufacturing Company reported August revenue growth of 53.3% year over year, suggesting sustained orders from hyperscalers and enterprise hardware customers. The result supports demand for AMD’s chips, although it also underscores tight manufacturing and advanced-packaging capacity. TSMC August revenue
- Neutral Sentiment: Institutional trading activity added momentum but not fundamental evidence. Reports cited options purchases involving AMD and strong semiconductor order-flow activity, which may amplify short-term volatility without confirming long-term earnings changes. Options activity involving AMD
- Negative Sentiment: Competition and valuation remain risks. Coverage comparing AMD with Nvidia and Broadcom notes that Nvidia retains stronger AI infrastructure leadership and profitability, while AMD trades at a demanding valuation. Rising manufacturing, memory and packaging costs could also pressure margins even as end-market demand remains strong. Nvidia versus AMD
Institutional Trading of Advanced Micro Devices
Institutional investors and hedge funds have recently bought and sold shares of the business. Southpoint Capital Advisors LP lifted its holdings in Advanced Micro Devices by 50.0% in the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock valued at $183,087,000 after acquiring an additional 300,000 shares during the period. Jefferies Financial Group Inc. increased its stake in Advanced Micro Devices by 6,228.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer’s stock worth $65,966,000 after buying an additional 303,154 shares in the last quarter. Boomfish Wealth Group LLC bought a new position in Advanced Micro Devices in the 1st quarter worth approximately $1,193,000. Dimensional Fund Advisors LP increased its holdings in Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock valued at $1,045,954,000 after acquiring an additional 291,165 shares during the last quarter. Finally, Williamson Legacy Group LLC purchased a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $1,118,000. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Performance
The stock has a market capitalization of $843.72 billion, a P/E ratio of 132.82, a P/E/G ratio of 5.40 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The business’s fifty day moving average price is $495.78 and its two-hundred day moving average price is $403.04.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period last year, the company earned $0.48 earnings per share. Advanced Micro Devices’s revenue was up 50.1% on a year-over-year basis. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.
About Advanced Micro Devices
Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.
AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.
Featured Articles
- Five stocks we like better than Advanced Micro Devices
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
