Advanced Micro Devices (NASDAQ:AMD) Stock Price Expected to Rise, Bank of America Analyst Says

Advanced Micro Devices (NASDAQ:AMD) had its target price hoisted by analysts at Bank of America from $250.00 to $300.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor manufacturer’s stock. Bank of America‘s price target indicates a potential upside of 28.71% from the stock’s current price.

Other research analysts have also recently issued reports about the company. Hsbc Global Res raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Weiss Ratings downgraded shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. UBS Group increased their price objective on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. HSBC raised their price objective on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Rosenblatt Securities upped their target price on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $233.94.

Advanced Micro Devices Stock Down 0.6%

Shares of AMD stock opened at $233.08 on Friday. The company has a 50 day simple moving average of $175.96 and a two-hundred day simple moving average of $141.73. The stock has a market cap of $378.25 billion, a P/E ratio of 133.95, a P/E/G ratio of 2.32 and a beta of 1.90. Advanced Micro Devices has a 12 month low of $76.48 and a 12 month high of $241.20. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the previous year, the firm earned $0.69 EPS. The company’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 274,118 shares of company stock worth $46,180,719. Insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Advanced Micro Devices by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock valued at $21,944,673,000 after buying an additional 2,281,508 shares in the last quarter. State Street Corp increased its stake in Advanced Micro Devices by 0.8% during the second quarter. State Street Corp now owns 72,069,259 shares of the semiconductor manufacturer’s stock worth $10,226,628,000 after acquiring an additional 581,330 shares during the last quarter. Geode Capital Management LLC raised its position in Advanced Micro Devices by 1.4% during the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after purchasing an additional 514,445 shares during the period. Norges Bank bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $3,094,662,000. Finally, Amundi boosted its holdings in shares of Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

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.