Advanced Micro Devices (NASDAQ:AMD) Shares Up 3.5% After Analyst Upgrade

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) were up 3.5% during mid-day trading on Tuesday after Stifel Nicolaus raised their price target on the stock from $280.00 to $320.00. Stifel Nicolaus currently has a buy rating on the stock. Advanced Micro Devices traded as high as $286.20 and last traded at $284.49. Approximately 38,640,308 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 37,521,766 shares. The stock had previously closed at $274.95.

AMD has been the subject of a number of other research reports. Roth Mkm reissued a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. DA Davidson upgraded shares of Advanced Micro Devices to a “hold” rating in a report on Friday, February 13th. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Evercore restated an “outperform” rating and set a $358.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Morgan Stanley dropped their price objective on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.14.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares in the company, valued at $675,764,755.36. The trade was a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 273,352 shares of company stock valued at $59,173,070 in the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AI compute demand still outpacing supply, supporting near-term revenue and pricing power for AMD — bulls see more upside into earnings on May 5. AMD Stock Surges: Why AI Demand Is Fueling A Massive Run
• Positive Sentiment: Stifel raised its price target to $320 (from $280) and kept a Buy rating — a high-profile upgrade that reinforces bullish analyst sentiment and gives investors a tangible upside case. Stifel Raises AMD Target to $320: Is the AI Chip Rally Just Getting Started?
• Positive Sentiment: A top Wall Street analyst boosted their price target, adding incremental buying pressure from model-driven and institutional investors. A Top Wall Street Analyst Just Boosted Their Price Target for AMD Stock
• Positive Sentiment: Analysts and outlets highlight AMD as a key AI play (a “second chance” to capture AI gains after Nvidia), which attracts momentum and rotation flows into AMD shares. Missed Nvidia? AMD Could Be Your Second Chance to Earn Massive AI Gains
• Positive Sentiment: News of AMD-related ecosystem wins (Instinct MI500 collaboration driving shares of GlobalFoundries) suggests stronger supply-chain alignment for AI accelerators. AMD Boosts GlobalFoundries (GFS) Stock With Instinct MI500 News
• Neutral Sentiment: Zacks and other market research note AMD’s earnings growth, momentum and inclusion on focus lists — supportive for longer-term interest but not an immediate catalyst. Earnings Growth & Price Strength Make Advanced Micro Devices (AMD) a Stock to Watch
• Neutral Sentiment: Macro/sector bounce: chip and tech forecasts show a Tuesday recovery that can lift AMD as part of the group rebound. INTC, NVDA and AMD Forecasts – Chips Look to Recover on Tuesday
• Neutral Sentiment: Coverage pieces on what to watch heading into earnings and broader AI CPU demand highlight potential upside but also set expectations for volatility around results. What to watch as Nvidia, AMD, and Broadcom report earnings
• Neutral Sentiment: Industry moves by Nvidia rivals (e.g., Cerebras) and broader AI infrastructure stories keep competition in focus — important context but mixed for AMD. Cerebras and Other Nvidia Rivals Just Made Key Moves. Should Nvidia Shareholders Worry?
• Negative Sentiment: Insider selling: two recent EVP stock sales (totaling roughly $9M) can be viewed as a cautionary signal for some investors. Advanced Micro Devices (NASDAQ:AMD) EVP Sells $7,454,975.00 in Stock Advanced Micro Devices (NASDAQ:AMD) EVP Sells $1,533,240.00 in Stock
• Negative Sentiment: Some analysts/outlets urge caution (downgrade/“don’t chase”) after a rapid run, flagging valuation and near-term pullback risk. AMD: Don’t Chase Now, Even If You Missed The Ride (Downgrade)

Hedge Funds Weigh In On Advanced Micro Devices

A number of large investors have recently modified their holdings of AMD. Vanguard Group Inc. lifted its holdings in Advanced Micro Devices by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after buying an additional 2,525,109 shares during the period. State Street Corp lifted its holdings in Advanced Micro Devices by 1.5% in the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock valued at $16,044,712,000 after buying an additional 1,094,835 shares during the period. Geode Capital Management LLC lifted its holdings in Advanced Micro Devices by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after buying an additional 287,525 shares during the period. Norges Bank acquired a new position in Advanced Micro Devices in the fourth quarter valued at approximately $4,929,312,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock valued at $4,352,864,000 after buying an additional 55,969 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

The company’s fifty day moving average is $213.79 and its two-hundred day moving average is $222.11. The firm has a market capitalization of $463.82 billion, a price-to-earnings ratio of 107.35, a price-to-earnings-growth ratio of 1.03 and a beta of 1.96. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. The business’s quarterly revenue was up 34.1% on a year-over-year basis. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 5.75 earnings per share for the current fiscal year.

About Advanced Micro Devices

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.