FY2027 Earnings Estimate for AMD Issued By Erste Group Bank

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Erste Group Bank lifted their FY2027 earnings per share estimates for shares of Advanced Micro Devices in a research report issued to clients and investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now forecasts that the semiconductor manufacturer will post earnings of $9.58 per share for the year, up from their prior estimate of $9.56. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.

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

Several other equities analysts have also recently issued reports on AMD. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. The Goldman Sachs Group raised their target price on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. DA Davidson raised Advanced Micro Devices to a “hold” rating in a report on Friday, February 13th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $290.53.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $203.77 on Thursday. Advanced Micro Devices has a twelve month low of $76.48 and a twelve month high of $267.08. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average of $214.11 and a two-hundred day moving average of $212.37. The company has a market capitalization of $332.23 billion, a price-to-earnings ratio of 76.89, a PEG ratio of 0.83 and a beta of 1.98.

Insider Activity

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 239,392 shares of company stock worth $50,016,383 in the last quarter. Insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new position in Advanced Micro Devices in the fourth quarter worth approximately $4,929,312,000. Jennison Associates LLC lifted its stake in Advanced Micro Devices by 181.6% in the fourth quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after acquiring an additional 7,035,991 shares during the last quarter. Cardano Risk Management B.V. acquired a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $1,000,783,000. Wellington Management Group LLP grew its position in Advanced Micro Devices by 335.9% in the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after acquiring an additional 3,735,807 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Advanced Micro Devices by 340.1% in the fourth quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after acquiring an additional 3,669,054 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AI-driven pricing power: Reports that AMD can raise CPU prices on strong data‑center demand underpin a durable revenue/margin upside for EPYC and Instinct products. The Silicon Squeeze: AI Pricing Power Lifts Chip Stocks (AMD)
• Positive Sentiment: Enterprise adoption angle: AMD and CIQ released an AMD‑optimized Rocky Linux distribution for AI/HPC stacks, which could ease deployments and strengthen demand for AMD CPUs/GPUs in datacenters. AMD Linux Push With CIQ Adds New Angle To AI Investment Story
• Neutral Sentiment: New CPU product details: AMD disclosed specs for the Ryzen 9 9950X3D2 — a positive product development, but markets didn’t treat it as a near‑term revenue inflection. AMD Stock Drops Despite Ryzen 9 9950X3D2 Launch Details
• Neutral Sentiment: Analyst/earnings backdrop: Small upward EPS revision from Erste Group and continued buy‑side coverage keep the long‑term case intact, but consensus still prices rapid future growth rather than immediate beats. AMD — MarketBeat overview
• Negative Sentiment: Profit‑taking after a run: AMD rallied ~7% on price‑hike and AI deal headlines; today’s pullback reflects short‑term profit‑taking and broader tech weakness. Advanced Micro Devices Retreats After a 7% Rally
• Negative Sentiment: New competition risk: Arm’s move to sell in‑house high‑core AI CPUs (backed by Meta) raises a medium‑term threat to datacenter share and pricing dynamics. Arm’s New Gambit: Building Chips to Challenge the AI Titans (AMD)
• Negative Sentiment: Regulatory/export risk: A House bill to tighten chip export controls to China (following the Super Micro case) could disrupt sales cadence or add compliance costs for datacenter chips. Chip Security Bill Advances in House Following Super Micro Case
• Negative Sentiment: Insider selling & investor flows: Data shows heavy insider sales and reduced retail single‑stock buying amid geopolitical noise, which can amplify downward moves when sentiment sours. VTI is down 0.8% today, on AMD stock price movement

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.