Advanced Micro Devices (NASDAQ:AMD) Coverage Initiated by Analysts at China Renaissance

China Renaissance began coverage on shares of Advanced Micro Devices (NASDAQ:AMD) in a research report sent to investors on Tuesday, MarketBeat reports. The brokerage issued a buy rating and a $291.00 price objective on the semiconductor manufacturer’s stock.

A number of other equities research analysts have also weighed in on AMD. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Evercore ISI increased their target price on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group upped their price target on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Wedbush reiterated an “outperform” rating and issued a $290.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $277.44.

Advanced Micro Devices Trading Up 6.4%

Shares of AMD stock opened at $220.97 on Tuesday. The business has a 50-day moving average price of $219.71 and a two-hundred day moving average price of $193.61. 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 1.68, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. The firm has a market cap of $359.75 billion, a P/E ratio of 109.39, a price-to-earnings-growth ratio of 0.88 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.Advanced Micro Devices’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the firm posted $0.92 EPS. Equities analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president directly owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total value of $26,892,500.00. Following the transaction, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at approximately $705,116,186.64. This represents a 3.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,558 shares of company stock worth $35,461,719 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

Hedge funds have recently made changes to their positions in the company. Capital Investment Advisors LLC lifted its position in Advanced Micro Devices by 1.7% during the fourth quarter. Capital Investment Advisors LLC now owns 19,330 shares of the semiconductor manufacturer’s stock valued at $4,140,000 after buying an additional 315 shares during the period. Dakota Wealth Management increased its stake in shares of Advanced Micro Devices by 16.0% in the 4th quarter. Dakota Wealth Management now owns 52,190 shares of the semiconductor manufacturer’s stock worth $11,177,000 after acquiring an additional 7,212 shares in the last quarter. Cherrydale Wealth Management LLC increased its stake in shares of Advanced Micro Devices by 3.4% in the 4th quarter. Cherrydale Wealth Management LLC now owns 1,436 shares of the semiconductor manufacturer’s stock worth $308,000 after acquiring an additional 47 shares in the last quarter. Stephens Consulting LLC purchased a new position in Advanced Micro Devices during the 4th quarter valued at about $217,000. Finally, CoreCap Advisors LLC boosted its stake in Advanced Micro Devices by 7.0% during the fourth quarter. CoreCap Advisors LLC now owns 21,894 shares of the semiconductor manufacturer’s stock worth $4,689,000 after acquiring an additional 1,437 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Key Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: KeyBanc upgraded AMD to Overweight and raised its 12‑month price target to $270, citing near‑sellout server CPU supply for 2026 and meaningful AI chip revenue potential. AMD stock surges 7% after bullish analyst call
• Positive Sentiment: Additional analyst upgrades and high price targets (e.g., China Renaissance $291, multiple firms with targets well above current levels) are reinforcing bullish sentiment and providing buy‑side cover. New Analyst Forecast: $AMD Given $270 Price Target
• Positive Sentiment: Product and demand narrative remains strong: CES demos, AMD’s Instinct AI momentum and new Ryzen AI/edge x86 launches support a case for substantial data‑center and AI revenue upside. This Analyst Says Advanced Micro Devices Will Soar 30% in 2026
• Neutral Sentiment: Media and TV endorsements (e.g., Jim Cramer) and broader analyst praise are amplifying retail/institutional interest but are not new fundamental evidence of sustained outperformance. Advanced Micro Devices (AMD)’s Got Great Performing AI Chips, Says Jim Cramer
• Neutral Sentiment: Macro market context is mixed (S&P and Nasdaq slightly softer despite cooler-than-expected CPI), so sector flows could swing with risk sentiment. Stock Market Today, Jan. 13: AMD Rallies as Banking Stocks Struggle
• Negative Sentiment: Significant insider selling has been reported (many recent sales by senior executives), which some investors will view as a governance/conviction concern. Advanced Micro Devices Stock (AMD) Opinions on AI Market Developments
• Negative Sentiment: Valuation and crowd‑exuberance risks remain: AMD’s trailing multiple is high and several pieces flag the potential for volatility or an AI‑sector pullback. Why AMD Stock Can Fall

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.