Q2 EPS Estimates for AMD Increased by Northland Securities

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Analysts at Northland Securities lifted their Q2 2026 earnings per share estimates for shares of Advanced Micro Devices in a research note issued to investors on Wednesday, February 4th. Northland Securities analyst G. Richard now anticipates that the semiconductor manufacturer will earn $1.30 per share for the quarter, up from their prior estimate of $1.25. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Northland Securities also issued estimates for Advanced Micro Devices’ Q3 2026 earnings at $1.75 EPS, Q4 2026 earnings at $1.52 EPS, Q1 2027 earnings at $1.31 EPS, Q2 2027 earnings at $1.58 EPS, Q4 2027 earnings at $1.83 EPS and FY2027 earnings at $6.34 EPS.

AMD has been the topic of several other research reports. KGI Securities set a $260.00 target price on shares of Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday, October 13th. Rosenblatt Securities restated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Sanford C. Bernstein set a $235.00 price objective on Advanced Micro Devices in a report on Wednesday. Finally, Evercore increased their target price on Advanced Micro Devices from $283.00 to $328.00 and gave the company an “outperform” rating in a report on Wednesday. Twenty-nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.11.

Advanced Micro Devices Trading Up 8.3%

AMD stock opened at $208.44 on Friday. The company has a market capitalization of $339.84 billion, a PE ratio of 78.66, a price-to-earnings-growth ratio of 0.74 and a beta of 1.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.85. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The company’s 50 day moving average price is $221.93 and its two-hundred day moving average price is $204.22.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The company had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices’s revenue for the quarter was up 34.1% compared to the same quarter last year. During the same period last year, the firm posted $1.09 EPS.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the transaction, the chief executive officer owned 3,277,476 shares in the company, valued at $705,116,186.64. This represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the sale, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. The trade was a 12.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 164,000 shares of company stock worth $36,034,173. Corporate insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Joseph Group Capital Management purchased a new stake in Advanced Micro Devices in the fourth quarter worth about $25,000. Koesten Hirschmann & Crabtree INC. raised its position in shares of Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. ORG Wealth Partners LLC raised its position 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 worth $26,000 after acquiring an additional 46 shares in the last quarter. Key Capital Management INC purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at approximately $38,000. Finally, Pinney & Scofield Inc. boosted its position in shares of Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Broad AI/chip rally lifted AMD and contributed to SPY’s gains — market rotation back into AI names helped propel AMD higher as investors bought oversold semiconductor shares. SPY is up 1.2% today, on AMD stock price movement
• Positive Sentiment: Cathie Wood/ARK bought the dip — ARK funds and other buyers accumulated AMD after the post‑earnings plunge, providing buying support and signaling conviction among some large active managers. Cathie Wood Just Bought the Dip in AMD Stock. Should You?
• Positive Sentiment: Strategic narrative remains intact — analysis pieces highlighting AMD’s competitive positioning (the “second‑place” AI advantage and strong data center/CPU momentum) have supported the view that the selloff was a near‑term overreaction. Why Second Place Could Be AMD’s Biggest Advantage
• Positive Sentiment: Analysts and price‑target activity — several firms have reaffirmed buy/outperform ratings and some boosted targets after earnings, giving investors fresh upside scenarios (median targets in the high‑two hundreds). Analysts reset AMD stock price target after earnings
• Neutral Sentiment: Research‑note estimate changes — some boutiques (e.g., Northland) have tweaked near‑term EPS assumptions both up and down for FY2026/FY2027; keep watching consensus revisions as guidance is digested.
• Negative Sentiment: China supply/lead‑time issues — Reuters reports AMD (and peers) have warned customers in China about extended CPU lead times, a near‑term operational headwind that could pressure revenue timing. Intel, AMD notify customers in China of lengthy waits for CPUs
• Negative Sentiment: Weak near‑term guidance prompted the earlier crash — management’s Q1 revenue commentary and investor concern over sustainability of AI revenue drove a multi‑day selloff that remains an overhang (volatility likely until guidance clarity returns). Why AMD’s stock dove to its worst day in years after earnings
• Negative Sentiment: Heavy insider selling noted in recent filings — disclosed insider sales have drawn attention and can sap sentiment even as institutions buy the dip.

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.