Advanced Micro Devices (NASDAQ:AMD) Given New $270.00 Price Target at Benchmark

Key Points

• Benchmark has raised its price target for Advanced Micro Devices (AMD) from $210.00 to $270.00, suggesting a potential upside of 27.79% from the current stock price.
• Despite a strong quarterly revenue report of $7.69 billion, AMD missed earnings per share estimates, reporting $0.48 compared to the consensus of $0.54.
• Overall, Advanced Micro Devices has a consensus rating of "Moderate Buy" with the majority of analysts giving the stock a "Buy" rating.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) had its price target increased by Benchmark from $210.00 to $270.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the semiconductor manufacturer's stock. Benchmark's price objective suggests a potential upside of 27.79% from the company's current price.

Other equities analysts have also issued reports about the stock. Citigroup boosted their price objective on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. The Goldman Sachs Group upgraded Advanced Micro Devices to a "hold" rating and set a $140.00 price target for the company in a research note on Thursday, July 10th. Cantor Fitzgerald reiterated an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Jefferies Financial Group lifted their target price on Advanced Micro Devices from $100.00 to $160.00 in a research note on Wednesday, July 16th. Finally, DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target for the company in a report on Thursday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $185.73.

Advanced Micro Devices Stock Up 28.3%

NASDAQ AMD traded up $46.61 on Monday, hitting $211.28. 178,716,114 shares of the company were exchanged, compared to its average volume of 47,038,262. The company has a market cap of $342.87 billion, a PE ratio of 121.81, a PEG ratio of 1.94 and a beta of 1.90. Advanced Micro Devices has a 12 month low of $76.48 and a 12 month high of $226.71. The stock has a fifty day moving average of $165.94 and a 200-day moving average of $133.80. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the business posted $0.69 earnings per share. The firm's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 272,448 shares of company stock valued at $44,554,848. Corporate insiders own 0.06% of the company's stock.

Hedge Funds Weigh In On Advanced Micro Devices

A number of hedge funds have recently modified their holdings of the business. Venture Visionary Partners LLC increased its position in shares of Advanced Micro Devices by 53.0% during the third quarter. Venture Visionary Partners LLC now owns 42,184 shares of the semiconductor manufacturer's stock worth $6,825,000 after acquiring an additional 14,617 shares in the last quarter. Red Spruce Capital LLC grew its stake in shares of Advanced Micro Devices by 124.8% in the third quarter. Red Spruce Capital LLC now owns 5,036 shares of the semiconductor manufacturer's stock worth $815,000 after acquiring an additional 2,796 shares during the period. Nilsine Partners LLC lifted its holdings in shares of Advanced Micro Devices by 5.6% in the third quarter. Nilsine Partners LLC now owns 6,711 shares of the semiconductor manufacturer's stock worth $1,086,000 after buying an additional 355 shares in the last quarter. Aaron Wealth Advisors LLC increased its position in Advanced Micro Devices by 3.3% during the third quarter. Aaron Wealth Advisors LLC now owns 10,535 shares of the semiconductor manufacturer's stock valued at $1,705,000 after acquiring an additional 339 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Advanced Micro Devices by 14.2% in the third quarter. GAMMA Investing LLC now owns 26,472 shares of the semiconductor manufacturer's stock worth $4,283,000 after purchasing an additional 3,299 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

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.

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