Wedbush Lifts Earnings Estimates for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Equities research analysts at Wedbush boosted their Q3 2025 earnings per share estimates for Advanced Micro Devices in a research report issued to clients and investors on Wednesday, October 15th. Wedbush analyst M. Bryson now expects that the semiconductor manufacturer will post earnings of $0.97 per share for the quarter, up from their prior forecast of $0.95. Wedbush currently has a “Outperform” rating and a $270.00 price target on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Wedbush also issued estimates for Advanced Micro Devices’ FY2026 earnings at $5.02 EPS.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS.

A number of other research analysts have also recently issued reports on the company. Truist Financial reaffirmed a “buy” rating and issued a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Weiss Ratings cut Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. Hsbc Global Res raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Seaport Res Ptn cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Finally, Roth Capital set a $250.00 price objective on Advanced Micro Devices and gave the stock a “buy” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $231.00.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $234.56 on Thursday. The stock has a 50-day simple moving average of $174.75 and a 200 day simple moving average of $140.57. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices has a 12-month low of $76.48 and a 12-month high of $241.20. The stock has a market capitalization of $380.65 billion, a price-to-earnings ratio of 134.80, a P/E/G ratio of 2.38 and a beta of 1.90.

Hedge Funds Weigh In On Advanced Micro Devices

Several institutional investors have recently modified their holdings of AMD. Pinney & Scofield Inc. grew its position in shares of Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the period. Dogwood Wealth Management LLC grew its position in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the period. Avion Wealth grew its position in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the period. Signature Resources Capital Management LLC grew its position in shares of Advanced Micro Devices by 170.4% in the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 138 shares during the period. Finally, West Branch Capital LLC grew its position in shares of Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the business’s 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 transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 257,318 shares of company stock valued at $42,412,815 over the last 90 days. 0.06% of the stock is owned by corporate insiders.

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.