Advanced Micro Devices’ (AMD) Overweight Rating Reiterated at Cantor Fitzgerald

Posted by Brenda Bartman on Nov 7th, 2026

Cantor Fitzgerald reissued their overweight rating on shares of Advanced Micro Devices (NASDAQ:AMD – Free Report) in a report published on Wednesday morning,Benzinga reports. The brokerage currently has a $700.00 target price on the semiconductor manufacturer’s stock.

A number of other brokerages have also recently commented on AMD. JPMorgan Chase & Co. lifted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. CLSA reissued an “outperform” rating and issued a $710.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, September 9th. Bank of America reduced their target price on Advanced Micro Devices from $720.00 to $650.00 and set a “buy” rating on the stock in a report on Wednesday. Raymond James Financial restated a “strong-buy” rating and set a $649.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Thursday, October 29th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have given a Hold rating and one has assigned 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 a consensus target price of $643.69.

Check Out Our Latest Stock Report on AMD

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock traded up $44.64 during midday trading on Wednesday, hitting $449.04. 45,659,370 shares of the company were exchanged, compared to its average volume of 21,429,916. The firm has a market cap of $733.04 billion, a P/E ratio of 97.62, a PEG ratio of 4.79 and a beta of 2.49. The firm has a 50 day simple moving average of $546.81 and a 200-day simple moving average of $414.98. Advanced Micro Devices has a 52 week low of $188.22 and a 52 week high of $658.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.14. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm had revenue of $13.38 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period last year, the firm posted $1.20 EPS. The business’s revenue was up 44.7% on a year-over-year basis. Research analysts forecast that Advanced Micro Devices will post 6.57 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their position. The transaction was disclosed in a legal 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, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the sale, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. This represents a 10.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 231,100 shares of company stock worth $114,867,400 in the last quarter. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AMD. BlackRock Inc. lifted its stake in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after acquiring an additional 4,535,126 shares in the last quarter. State Street Corp boosted its position in Advanced Micro Devices by 2.9% during the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after acquiring an additional 2,149,563 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $7,022,226,000. Jennison Associates LLC grew its stake in shares of Advanced Micro Devices by 5.8% during the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after acquiring an additional 545,575 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Advanced Micro Devices by 33.9% in the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after purchasing an additional 2,365,419 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices News Roundup

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

Positive Sentiment: AMD reported record quarterly revenue of $13.38 billion, up 44.7% year over year, and earnings per share of $2.09, beating analyst estimates. Data-center revenue nearly doubled, helped by demand for AI chips. Stock Market Today, Nov. 6: AMD Surges on Record Quarterly Revenue and Stronger Growth Outlook
Positive Sentiment: Management signaled faster growth ahead, forecasting revenue to rise more than 80% in 2027 and describing AMD’s AI business as poised for further expansion. CEO Lisa Su said the company has good visibility into data-center capacity needs through 2027. Lisa Su Sees AMD’s AI Data Center Business More Than Doubling in 2027
Positive Sentiment: AMD’s rebound also came as investors bought semiconductor shares after Thursday’s sector-wide rout, suggesting some buyers viewed the selloff as an opportunity. Su pushed back on concerns about AI spending, calling the market’s reaction short-sighted. Chip Stocks Rebound, but Is the AI Selloff Over?
Negative Sentiment: Some analysts warn that AMD’s premium valuation leaves the stock vulnerable if growth expectations or broader enthusiasm for AI weaken. A recent downgrade cited competition from Nvidia and Arm, as well as potential multiple compression. AMD: This Selloff Isn’t Enough
Negative Sentiment: Despite the rebound, investors remain concerned about AI-chip valuations, heavy data-center spending, possible regulation and the durability of customer returns. These sector pressures could keep AMD shares volatile. AI Stocks Hit by Midterm Shock and Data-Center Spending Concerns

Advanced Micro Devices Company Profile

(Get Free Report)

Advanced Micro Devices, Inc (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors.

The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.