Advanced Micro Devices (NASDAQ:AMD) Stock Rating Reaffirmed as Buy by Rosenblatt Securities

Posted by Stanley Muller on Nov 4th, 2026

Advanced Micro Devices (NASDAQ:AMD – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Rosenblatt Securities in a report released on Wednesday, Benzinga reports. They currently have a $700.00 price target on the semiconductor manufacturer’s stock. Rosenblatt Securities‘s price target points to a potential upside of 44.66% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research report on Thursday, October 29th. Stifel Nicolaus set a $725.00 price objective on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday. DA Davidson lifted their target price on Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Bank of America reissued a “buy” rating and issued a $650.00 target price (down from $720.00) on shares of Advanced Micro Devices in a report on Wednesday. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $540.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $605.11.

Read Our Latest Stock Report on AMD

Advanced Micro Devices Trading Up 3.7%

NASDAQ AMD opened at $483.90 on Wednesday. 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 firm has a market cap of $789.95 billion, a PE ratio of 124.40, a P/E/G ratio of 4.79 and a beta of 2.49. Advanced Micro Devices has a one year low of $188.22 and a one year high of $658.52. The firm’s fifty day moving average is $548.70 and its two-hundred day moving average is $411.73.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.14. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $13.38 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period in the prior year, the company earned $1.20 earnings per share. The business’s revenue was up 44.7% compared to the same quarter last year. Analysts expect that Advanced Micro Devices will post 6.50 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Grasby sold 15,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the completion of the sale, the executive vice president owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Forrest Norrod sold 17,262 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the sale, the executive vice president owned 353,317 shares in the company, valued at $191,038,501.90. The trade was a 4.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 231,100 shares of company stock valued at $114,867,400 over the last three months. 0.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Advanced Micro Devices

A number of large investors have recently made changes to their positions in the stock. Southpoint Capital Advisors LP boosted its position in Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock worth $183,087,000 after purchasing an additional 300,000 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Advanced Micro Devices by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock valued at $1,045,954,000 after purchasing an additional 291,165 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its position in shares of Advanced Micro Devices by 6,968.7% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer’s stock valued at $85,995,000 after buying an additional 138,328 shares in the last quarter. Douglas Lane & Associates LLC increased its position in shares of Advanced Micro Devices by 2,748.0% in the third quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer’s stock valued at $52,582,000 after buying an additional 82,934 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. increased its position in shares of Advanced Micro Devices by 1,288.6% in the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 220,170 shares of the semiconductor manufacturer’s stock valued at $127,899,000 after buying an additional 204,315 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

Positive Sentiment: Quarterly results beat expectations. AMD reported fiscal Q3 adjusted EPS of $2.09 and revenue of $13.38 billion, ahead of analyst forecasts. Data-center revenue rose 97% year over year to $8.55 billion, powered by record sales of Instinct GPUs and EPYC CPUs. Reuters report
Positive Sentiment: Outlook reinforces the AI growth story. Management forecast about $17 billion in Q4 revenue, above expectations, and expects AI data-center revenue to more than double in 2027. The outlook helped ease concerns about whether AI-chip spending can sustain its pace. Benzinga report
Positive Sentiment: Analyst support adds to investor confidence. TD Cowen called AMD a top pick, citing strong AI momentum after the results, while Wedbush reiterated an Outperform rating and a $600 price target. TipRanks report
Neutral Sentiment: Broader U.S. futures also rebounded in morning trading, providing a supportive market backdrop, though this move was not specific to AMD. Barchart report
Negative Sentiment: Execution and valuation risks remain. The Q4 adjusted gross-margin outlook of 55% was slightly below analyst expectations, and AMD faces tight supplies of high-bandwidth memory needed for AI processors. Commentary also flagged rising inventory and weaker free cash flow as potential costs of the rapid expansion; AMD’s high valuation leaves less room for execution misses. Economic Times report

Advanced Micro Devices Company Profile

(Get Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.