Research Analysts’ Recent Ratings Updates for Advanced Micro Devices (AMD)

Advanced Micro Devices (NASDAQ: AMD) has recently received a number of price target changes and ratings updates:

• 1/21/2025 – Advanced Micro Devices had its price target lowered by analysts at Citigroup Inc. from $200.00 to $175.00. They now have a “buy” rating on the stock.
• 1/17/2025 – Advanced Micro Devices had its price target lowered by analysts at Barclays PLC from $170.00 to $140.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – Advanced Micro Devices was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.
• 1/14/2025 – Advanced Micro Devices was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/14/2025 – Advanced Micro Devices had its price target lowered by analysts at KeyCorp from $220.00 to $150.00. They now have an “overweight” rating on the stock.
• 1/14/2025 – Advanced Micro Devices is now covered by analysts at Loop Capital. They set a “buy” rating and a $175.00 price target on the stock.
• 1/13/2025 – Advanced Micro Devices was upgraded by analysts at Loop Capital to a “strong-buy” rating.
• 1/13/2025 – Advanced Micro Devices had its price target lowered by analysts at Wells Fargo & Company from $205.00 to $165.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Advanced Micro Devices had its price target lowered by analysts at TD Cowen from $185.00 to $150.00. They now have a “buy” rating on the stock.
• 1/10/2025 – Advanced Micro Devices had its price target lowered by analysts at Mizuho from $180.00 to $160.00. They now have an “outperform” rating on the stock.
• 1/10/2025 – Advanced Micro Devices was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a $129.00 price target on the stock, down previously from $175.00.
• 1/8/2025 – Advanced Micro Devices had its “reduce” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $110.00 price target on the stock, down previously from $200.00.
• 1/8/2025 – Advanced Micro Devices was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “moderate sell” rating.
• 1/6/2025 – Advanced Micro Devices was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/20/2024 – Advanced Micro Devices had its price target lowered by analysts at Morgan Stanley from $169.00 to $158.00. They now have an “equal weight” rating on the stock.
• 12/9/2024 – Advanced Micro Devices was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $155.00 price target on the stock, down previously from $180.00.
• 12/5/2024 – Advanced Micro Devices had its price target lowered by analysts at Mizuho from $185.00 to $180.00. They now have an “outperform” rating on the stock.

Advanced Micro Devices Trading Down 0.6 %

NASDAQ AMD opened at $123.04 on Friday. Advanced Micro Devices, Inc. has a one year low of $114.41 and a one year high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The company has a market capitalization of $199.67 billion, a price-to-earnings ratio of 110.85, a price-to-earnings-growth ratio of 1.08 and a beta of 1.66. The company’s 50-day simple moving average is $128.68 and its two-hundred day simple moving average is $144.27.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.92. The company had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Advanced Micro Devices’s revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company posted $0.53 earnings per share. Equities analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 80,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the completion of the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $513,150,048.94. This represents a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the transaction, the executive vice president now directly owns 293,347 shares in the company, valued at $41,558,469.49. This represents a 12.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 197,036 shares of company stock worth $28,165,821 in the last three months. 0.73% of the stock is owned by insiders.

Institutional Trading of Advanced Micro Devices

A number of institutional investors have recently made changes to their positions in AMD. Creative Capital Management Investments LLC boosted its holdings in Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 86 shares in the last quarter. ZRC Wealth Management LLC grew its position in Advanced Micro Devices by 90.4% during the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices during the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC purchased a new position in Advanced Micro Devices in the 4th quarter worth $32,000. Finally, Abich Financial Wealth Management LLC lifted its position in Advanced Micro Devices by 101.8% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 220 shares of the semiconductor manufacturer’s stock worth $36,000 after acquiring an additional 111 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

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.