Wedbush Reaffirms Outperform Rating for Advanced Micro Devices (NASDAQ:AMD)

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “outperform” rating reiterated by analysts at Wedbush in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $290.00 price target on the semiconductor manufacturer’s stock. Wedbush’s target price indicates a potential upside of 16.95% from the stock’s current price. Wedbush also issued estimates for Advanced Micro Devices’ Q4 2025 earnings at $1.09 EPS, FY2025 earnings at $3.11 EPS, Q1 2026 earnings at $0.91 EPS, Q2 2026 earnings at $1.17 EPS and FY2026 earnings at $5.30 EPS.

Several other brokerages have also issued reports on AMD. Roth Capital boosted their price objective on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Evercore ISI upped their price target on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the company an “outperform” rating in a report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. Truist Financial reaffirmed a “buy” rating and issued a $279.00 price objective (up from $273.00) on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus upped their target price on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $273.49.

Advanced Micro Devices Price Performance

AMD opened at $247.96 on Wednesday. The stock has a market cap of $403.69 billion, a P/E ratio of 142.51, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices has a 12 month low of $76.48 and a 12 month high of $267.08. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a fifty day simple moving average of $206.13 and a 200 day simple moving average of $162.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same period in the previous year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of the company’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 sale, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 264,118 shares of company stock valued at $44,448,619. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMD. ORG Wealth Partners LLC raised its holdings in shares of Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. grew its holdings in Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the period. Pinney & Scofield Inc. increased its position in Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the last quarter. Dogwood Wealth Management LLC raised its stake in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 208 shares during the period. Finally, Avion Wealth lifted its position in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 72 shares during the last quarter. 71.34% of the stock is owned by 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.