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

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) is expected to release its Q4 2024 earnings data after the market closes on Tuesday, February 4th. Analysts expect Advanced Micro Devices to post earnings of $1.07 per share and revenue of $7.53 billion for the quarter. Advanced Micro Devices has set its Q1 2025 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. On average, analysts expect Advanced Micro Devices to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advanced Micro Devices Stock Performance

NASDAQ:AMD traded down $7.49 during trading on Wednesday, reaching $112.01. The company's stock had a trading volume of 110,339,118 shares, compared to its average volume of 43,193,945. The firm has a market cap of $181.77 billion, a price-to-earnings ratio of 100.91, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. Advanced Micro Devices has a 12 month low of $106.50 and a 12 month high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The firm has a 50 day moving average of $125.02 and a 200-day moving average of $140.59.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMD. Benchmark dropped their price target on Advanced Micro Devices from $200.00 to $170.00 and set a "buy" rating on the stock in a research report on Wednesday. Citigroup lowered their price objective on shares of Advanced Micro Devices from $200.00 to $175.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Morgan Stanley cut their price objective on Advanced Micro Devices from $158.00 to $147.00 and set an "equal weight" rating for the company in a report on Tuesday. UBS Group reduced their price target on shares of Advanced Micro Devices from $210.00 to $205.00 and set a "buy" rating on the stock in a research report on Wednesday, October 30th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $161.30.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now directly owns 3,566,762 shares of the company's stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.65% of the stock is currently owned by insiders.

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.