Advanced Micro Devices (NASDAQ:AMD) Upgraded to Buy at Wall Street Zen

Advanced Micro Devices (NASDAQ:AMD) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Monday.

Several other analysts have also commented on AMD. CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a report on Friday, November 7th. Mizuho upped their price objective on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Susquehanna reiterated a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research report on Friday, October 31st. KeyCorp reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday. Finally, Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $279.67.

Advanced Micro Devices Trading Up 2.3%

Shares of NASDAQ AMD opened at $259.68 on Monday. Advanced Micro Devices has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. The business’s 50 day moving average is $218.66 and its two-hundred day moving average is $199.30. The stock has a market capitalization of $422.77 billion, a P/E ratio of 128.56, a PEG ratio of 1.08 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last posted 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. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the previous year, the business posted $0.92 earnings per share. The business’s revenue was up 35.6% compared to the same quarter last year. As a group, 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, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,108 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 164,000 shares of company stock worth $36,034,173 in the last quarter. Company insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently made changes to their positions in the company. Bridgewater Advisors Inc. raised its holdings in shares of Advanced Micro Devices by 2.1% during the fourth quarter. Bridgewater Advisors Inc. now owns 6,890 shares of the semiconductor manufacturer’s stock valued at $1,476,000 after buying an additional 142 shares during the last quarter. Sunpointe LLC raised its position in Advanced Micro Devices by 9.8% in the fourth quarter. Sunpointe LLC now owns 1,760 shares of the semiconductor manufacturer’s stock worth $377,000 after acquiring an additional 157 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Advanced Micro Devices by 17.5% during the fourth quarter. Farther Finance Advisors LLC now owns 60,775 shares of the semiconductor manufacturer’s stock valued at $13,016,000 after purchasing an additional 9,058 shares during the last quarter. Octavia Wealth Advisors LLC grew its holdings in shares of Advanced Micro Devices by 5.4% in the 4th quarter. Octavia Wealth Advisors LLC now owns 6,305 shares of the semiconductor manufacturer’s stock worth $1,344,000 after acquiring an additional 321 shares during the last quarter. Finally, Natural Investments LLC boosted its holdings in shares of Advanced Micro Devices by 33.8% in the fourth quarter. Natural Investments LLC now owns 2,836 shares of the semiconductor manufacturer’s stock worth $607,000 after buying an additional 717 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Key Advanced Micro Devices News

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

• Positive Sentiment: MarketWatch says AMD may be better positioned than Intel to handle a supply crunch, driving investor rotation into AMD as Intel’s outlook weakens. Why AMD’s stock is charging higher as Intel’s sinks
• Positive Sentiment: Invezz reports investors repositioned into AMD after Intel’s disappointing Q4 guidance, underscoring the view that AMD can pick up CPU/server orders Intel can’t supply. AMD stock jumps 4% on Friday: is Intel’s Q4 report the catalyst?
• Positive Sentiment: Tata Consultancy Services (TCS) announced a strategic collaboration to help customers scale AI with AMD technology — expands enterprise distribution and could accelerate adoption of AMD CPUs/GPUs in production AI deployments. Tata Consultancy Services Announces Strategic Collaboration with Advanced Micro Devices (AMD)
• Positive Sentiment: Cathie Wood/ARK says AMD can challenge Nvidia this year with cheaper data-center GPUs — a bullish institutional view that supports multiple-expansion narratives if AMD takes GPU share. Cathie Wood Thinks AMD Will Challenge Nvidia This Year
• Positive Sentiment: TipRanks notes a jump after AMD revealed price and release-date details for the Ryzen 7 9850X3D — product cadence and consumer/PC momentum remain tailwinds. AMD Stock Jumps on Ryzen 7 9850X3D Price & Release Date Reveal
• Neutral Sentiment: QuiverQuant highlights AMD as a notable contributor to QQQ gains and shows broad analyst buy ratings and range of price targets — bullish consensus but also dispersion in targets. QQQ is up 0.7% today, on AMD stock price movement
• Neutral Sentiment: Zacks and other outlets flag AMD’s strong AI/data-center momentum and expanding partner base — positive fundamentals but valuation and execution will determine sustainability. AMD’s Resurgence: Outpacing Nvidia in 2026
• Negative Sentiment: Seeking Alpha warns of downside risk if tech momentum fades and notes potential for underperformance/downgrades — investors should weigh high valuation and recent insider selling against growth expectations. AMDY: Risk Of Underperformance As Tech Momentum Fades (Rating Downgrade)

About Advanced Micro Devices

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.