Advanced Micro Devices, Inc. (NASDAQ:AMD) Given Average Rating of “Moderate Buy” by Brokerages

Advanced Micro Devices, Inc. (NASDAQ:AMD) has earned a consensus rating of “Moderate Buy” from the forty-two brokerages that are covering the firm, Marketbeat Ratings reports. Eleven equities research analysts have rated the stock with a hold recommendation, twenty-eight have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $273.4857.

Several research analysts have commented on AMD shares. Melius Research set a $380.00 target price on Advanced Micro Devices in a report on Wednesday. Weiss Ratings raised Advanced Micro Devices from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, November 7th. Wells Fargo & Company increased their target price on shares of Advanced Micro Devices from $300.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday. Evercore ISI boosted their price target on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 264,118 shares of company stock valued at $44,448,619. 0.06% of the stock is currently owned by insiders.

Institutional Trading of Advanced Micro Devices

Large investors have recently modified their holdings of the stock. Foster Dykema Cabot & Partners LLC boosted its stake in Advanced Micro Devices by 68.7% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 275 shares of the semiconductor manufacturer’s stock worth $44,000 after acquiring an additional 112 shares in the last quarter. Palo Alto Wealth Advisors LLC acquired a new position in shares of Advanced Micro Devices during the third quarter valued at about $168,000. M1 Capital Management LLC boosted its position in shares of Advanced Micro Devices by 66.4% during the 3rd quarter. M1 Capital Management LLC now owns 4,465 shares of the semiconductor manufacturer’s stock worth $722,000 after purchasing an additional 1,781 shares in the last quarter. Bouchey Financial Group Ltd grew its stake in shares of Advanced Micro Devices by 3.0% in the 3rd quarter. Bouchey Financial Group Ltd now owns 3,782 shares of the semiconductor manufacturer’s stock valued at $612,000 after buying an additional 109 shares during the period. Finally, Consolidated Portfolio Review Corp acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $223,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 9.0%

NASDAQ:AMD opened at $258.89 on Friday. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The company has a market cap of $421.48 billion, a PE ratio of 148.79, a P/E/G ratio of 2.42 and a beta of 1.93. The firm’s 50 day simple moving average is $204.41 and its 200 day simple moving average is $162.06.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices will post 3.87 earnings per share for the current year.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.