Advanced Micro Devices (AMD) Projected to Post Earnings on Tuesday

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.93 per share and revenue of $7.10 billion for the quarter. Advanced Micro Devices has set its Q1 2025 guidance at EPS.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, analysts expect Advanced Micro Devices to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Advanced Micro Devices Trading Up 1.3 %

Shares of NASDAQ AMD traded up $1.29 during midday trading on Wednesday, hitting $97.35. The stock had a trading volume of 29,138,035 shares, compared to its average volume of 42,620,273. The company has a fifty day moving average price of $97.99 and a 200 day moving average price of $119.58. The company has a market capitalization of $157.35 billion, a price-to-earnings ratio of 98.33, a PEG ratio of 1.11 and a beta of 1.89. Advanced Micro Devices has a 1-year low of $76.48 and a 1-year high of $187.28. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

Several brokerages recently issued reports on AMD. Piper Sandler reiterated an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. Morgan Stanley set a $137.00 price target on Advanced Micro Devices in a research report on Wednesday, February 5th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a research report on Monday. Wolfe Research cut shares of Advanced Micro Devices from an "outperform" rating to a "peer perform" rating in a research report on Thursday, January 16th. Finally, Sanford C. Bernstein dropped their price target on shares of Advanced Micro Devices from $125.00 to $95.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of "Moderate Buy" and an average target price of $139.57.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,500 shares of Advanced Micro Devices stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total value of $1,670,725.00. Following the transaction, the executive vice president now owns 1,713,710 shares of the company's stock, valued at approximately $163,607,893.70. This trade represents a 1.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Philip Guido acquired 4,645 shares of Advanced Micro Devices stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now directly owns 33,522 shares of the company's stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.06% of the company's stock.

Hedge Funds Weigh In On Advanced Micro Devices

A hedge fund recently raised its stake in Advanced Micro Devices stock. Brighton Jones LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 178.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,956 shares of the semiconductor manufacturer's stock after buying an additional 29,438 shares during the quarter. Brighton Jones LLC's holdings in Advanced Micro Devices were worth $5,551,000 as of its most recent filing with the Securities and Exchange Commission. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.