Advanced Micro Devices (NASDAQ:AMD – Get Free Report) had its target price hoisted by analysts at KeyCorp from $270.00 to $300.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the semiconductor manufacturer’s stock. KeyCorp’s price objective indicates a potential upside of 55.84% from the stock’s previous close.
Several other brokerages also recently issued reports on AMD. Loop Capital set a $290.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a report on Wednesday, November 5th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price on the stock in a research note on Wednesday, October 8th. Wedbush reissued an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective on the stock in a report on Friday, November 7th. Finally, Piper Sandler lifted their price objective on shares of Advanced Micro Devices from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $290.11.
Check Out Our Latest Report on Advanced Micro Devices
Advanced Micro Devices Trading Down 3.8%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the prior year, the business earned $1.09 earnings per share. Advanced Micro Devices’s quarterly revenue was up 34.1% on a year-over-year basis. On average, equities analysts expect that Advanced Micro Devices will post 3.87 earnings per share for the current year.
Insider Activity at Advanced Micro Devices
In related news, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the company’s stock in a transaction that occurred 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 owned 16,359 shares of the company’s stock, valued at $3,834,876.78. This trade represents a 12.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 164,000 shares of company stock valued at $36,034,173 over the last quarter. Corporate insiders own 0.06% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Joseph Group Capital Management acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $25,000. ORG Wealth Partners LLC lifted its stake in Advanced Micro Devices by 39.7% during the third 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 last quarter. Koesten Hirschmann & Crabtree INC. boosted 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 buying an additional 61 shares in the last quarter. Pinney & Scofield Inc. grew its position in Advanced Micro Devices by 81.0% in 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. Finally, Avion Wealth increased its holdings 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 in the last quarter. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Q4 beat and strong data‑center performance — AMD reported a better‑than‑expected quarter (EPS and revenue upside, robust Data Center growth), which underpins the company’s multi‑year AI narrative and long‑term targets. MarketBeat: AMD’s Post‑Earnings Dip Looks Like the Buying Window
- Positive Sentiment: High‑profile dip buyers — ARK Invest/ Cathie Wood and other institutional investors bought shares after the crash, providing demand support and signaling conviction among some large active managers. Barron’s: Cathie Wood’s ARK Bought AMD
- Positive Sentiment: Product pipeline remains a tailwind — upcoming MI450/MI400 accelerators and rack‑scale Helios solutions plus FPGA lineup expansion keep long‑term AI upside intact. These product catalysts are cited by bulls as reasons the sell‑off may be a buying opportunity. The Robot Report: AMD expands midrange FPGA offerings
- Neutral Sentiment: Analysts largely remain constructive — several firms reaffirmed buy/outperform ratings and some raised targets (Evercore, KeyCorp, Benchmark), creating a wide range of upside scenarios that investors are parsing. Benzinga: Analyst updates on AMD
- Negative Sentiment: Disappointing near‑term guidance and China revenue questions — the Q1 outlook and management’s comments that China AI chip revenue is effectively capped near ~$100M in Q1 raised sustainability concerns and sparked the sharp sell‑off. MarketWatch: Why AMD’s stock is diving after earnings
- Negative Sentiment: One‑off China boost flagged by analysts — some of the quarter’s data‑center upside was linked to near‑term China MI308 shipments, prompting skepticism about repeatability and near‑term AI revenue runway. Benzinga: Lisa Su on China AI revenue cap
- Negative Sentiment: High insider selling and heavy volume — recent disclosures show meaningful insider sales and elevated trading volumes, which can amplify downside during sentiment‑driven moves. QuiverQuant: Fund and insider activity
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.
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