Advanced Micro Devices (NASDAQ:AMD) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) released its quarterly earnings results on Tuesday. The semiconductor manufacturer reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.03, Briefing.com reports. The company had revenue of $7.44 billion during the quarter, compared to the consensus estimate of $7.10 billion. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Advanced Micro Devices's revenue was up 35.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 earnings per share. Advanced Micro Devices updated its Q2 2025 guidance to EPS.

Advanced Micro Devices Price Performance

AMD stock traded up $1.14 during trading on Friday, hitting $102.84. 31,640,225 shares of the company's stock traded hands, compared to its average volume of 42,550,442. Advanced Micro Devices has a 52 week low of $76.48 and a 52 week high of $187.28. The stock has a market capitalization of $166.22 billion, a price-to-earnings ratio of 103.88, a P/E/G ratio of 1.11 and a beta of 1.97. The business has a fifty day simple moving average of $97.41 and a 200 day simple moving average of $116.40. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AMD shares. Summit Insights upgraded Advanced Micro Devices to a "hold" rating in a research note on Tuesday, February 4th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $120.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. Rosenblatt Securities reissued a "buy" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. Jefferies Financial Group lowered shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and reduced their price target for the stock from $135.00 to $120.00 in a research note on Thursday, March 27th. Finally, Citigroup restated a "buy" rating on shares of Advanced Micro Devices in a research report on Wednesday, April 16th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $131.13.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.00. Following the sale, the executive vice president now directly owns 1,713,710 shares of the company's stock, valued at $163,607,893.70. This represents a 1.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. Revolve Wealth Partners LLC lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,283 shares of the semiconductor manufacturer's stock after purchasing an additional 234 shares during the period. Revolve Wealth Partners LLC's holdings in Advanced Micro Devices were worth $1,001,000 at the end of the most recent quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

About Advanced Micro Devices

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.