DZ Bank Upgrades Advanced Micro Devices (NASDAQ:AMD) to Buy

Advanced Micro Devices (NASDAQ:AMD) was upgraded by research analysts at DZ Bank from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The firm currently has a $250.00 price target on the semiconductor manufacturer’s stock. DZ Bank’s target price suggests a potential upside of 7.35% from the stock’s current price.

AMD has been the subject of several other research reports. The Goldman Sachs Group raised Advanced Micro Devices to a “hold” rating and set a $140.00 price target for the company in a research report on Thursday, July 10th. Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday. Susquehanna raised their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a research report on Wednesday, July 30th. Morgan Stanley boosted their price objective on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $217.70.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $232.89 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices has a one year low of $76.48 and a one year high of $240.10. The business’s 50 day simple moving average is $169.47 and its two-hundred day simple moving average is $136.53. The stock has a market capitalization of $377.94 billion, a P/E ratio of 133.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the company posted $0.69 earnings per share. The business’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts forecast that Advanced Micro Devices will post 3.87 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. This represents a 1.04% 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. Also, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock valued at $45,203,045 in the last 90 days. 0.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

A number of institutional investors have recently bought and sold shares of AMD. Wise Wealth Partners purchased a new position in Advanced Micro Devices in the 2nd quarter worth approximately $343,000. Parisi Gray Wealth Management bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $343,000. Davis Investment Partners LLC purchased a new position in shares of Advanced Micro Devices in the second quarter worth $736,000. REAP Financial Group LLC boosted its position in shares of Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after acquiring an additional 173 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its stake in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after acquiring an additional 2,970 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Company Profile

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.