Advanced Micro Devices (NASDAQ:AMD) Price Target Raised to $240.00 at The Goldman Sachs Group

Advanced Micro Devices (NASDAQ:AMD) had its target price boosted by The Goldman Sachs Group from $210.00 to $240.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the semiconductor manufacturer’s stock.

Several other research analysts have also recently weighed in on the stock. Truist Financial set a $283.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Sanford C. Bernstein set a $235.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price on the stock in a research note on Friday, November 7th. Evercore reiterated an “outperform” rating and issued a $358.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Stifel Nicolaus raised their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $290.53.

Advanced Micro Devices Trading Down 1.4%

Shares of AMD opened at $210.86 on Wednesday. Advanced Micro Devices has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a market cap of $343.79 billion, a PE ratio of 79.57, a P/E/G ratio of 0.81 and a beta of 1.94. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $219.80 and its 200-day moving average price is $207.83.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating 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 company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter in the previous year, the company earned $1.09 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 34.1% on a year-over-year basis. On average, equities analysts forecast that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at approximately $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 271,892 shares of company stock valued at $58,476,908 in the last three months. 0.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently made changes to their positions in the company. Joseph Group Capital Management bought a new stake in Advanced Micro Devices in the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth $27,000. Sarver Vrooman Wealth Advisors purchased a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in Advanced Micro Devices in the fourth quarter worth $30,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $33,000. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Large, multi‑year Meta contract validates AMD as a hyperscaler AI supplier and supports long‑term data‑center revenue growth; shipments for the first 1GW start H2 2026. AMD shares jump as Meta agrees to deploy up to 6 gigawatts of its AI chips
• Positive Sentiment: Multiple sell‑side firms raised targets or reiterated buys after the announcement, citing meaningful EPS upside from sustained data‑center demand. Analyst bullish note
• Positive Sentiment: Partnerships and ecosystem moves (e.g., Nutanix tying into AMD platforms) broaden customer options and help win hyperscaler and enterprise deployments. Nutanix partnership article
• Neutral Sentiment: Market mechanics: the Meta announcement already caused a strong rally earlier (investors priced in future revenue), so some profit‑taking and rotation are normal after the initial surge. Barchart coverage of market reaction
• Negative Sentiment: Deal structure includes performance‑based warrants that could allow Meta to acquire up to ~10% of AMD, creating dilution risk and a “circular” financing concern that some investors and analysts flagged. Fortune on warrants and potential stake
• Negative Sentiment: Execution and competition risk remain: scaling multi‑GW deployments, meeting hyperscaler specs, and ongoing rivalry with Nvidia (and its upcoming systems) keep downside risk if AMD stumbles on delivery, margin or performance. Zacks analysis on competition & execution
• Negative Sentiment: Retail/income products tied to AMD (e.g., an AMD options‑income ETF) can attract yield‑seeking flows but carry strategy and tracking‑risk that could amplify volatility for the stock. 24/7 Wall St. on AMDY ETF risks

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.