Advanced Micro Devices (NASDAQ:AMD) Price Target Raised to $250.00

Key Points

• Rosenblatt Securities has raised its price target for Advanced Micro Devices (AMD) from $200 to $250, indicating a potential upside of 22.72% from its current price.
• AMD reported a 31.7% year-over-year revenue growth despite missing the earnings per share estimate for the last quarter.
• A total of three analysts have rated AMD as a Strong Buy, with a consensus rating of "Moderate Buy" and an average target price of approximately $209.97.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) had its price objective hoisted by stock analysts at Rosenblatt Securities from $200.00 to $250.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the semiconductor manufacturer's stock. Rosenblatt Securities' target price points to a potential upside of 22.72% from the company's current price.

A number of other equities research analysts have also recently commented on the stock. Bank of America increased their price target on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 target price on the stock in a research note on Monday, June 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Benchmark raised their target price on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the stock a "buy" rating in a report on Monday. Finally, Wells Fargo & Company set a $275.00 target price on shares of Advanced Micro Devices and gave the company an "overweight" rating in a research note on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $209.97.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $203.71 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a 50 day simple moving average of $166.54 and a two-hundred day simple moving average of $134.48. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $226.71. The company has a market capitalization of $330.59 billion, a price-to-earnings ratio of 117.07, a P/E/G ratio of 1.94 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts expect that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the transaction, the executive vice president owned 311,598 shares of the company's stock, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 272,448 shares of company stock worth $44,554,848. Insiders own 0.06% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Sanders Morris Harris LLC boosted its position in Advanced Micro Devices by 352.3% during the third quarter. Sanders Morris Harris LLC now owns 34,222 shares of the semiconductor manufacturer's stock valued at $5,537,000 after purchasing an additional 26,655 shares in the last quarter. Mirador Capital Partners LP boosted its holdings in shares of Advanced Micro Devices by 10.1% in the 3rd quarter. Mirador Capital Partners LP now owns 3,827 shares of the semiconductor manufacturer's stock valued at $619,000 after buying an additional 352 shares in the last quarter. Thrive Wealth Management LLC purchased a new position in shares of Advanced Micro Devices in the 3rd quarter worth approximately $274,000. Moody National Bank Trust Division lifted its position in Advanced Micro Devices by 3.0% during the third quarter. Moody National Bank Trust Division now owns 17,453 shares of the semiconductor manufacturer's stock valued at $2,824,000 after acquiring an additional 507 shares during the last quarter. Finally, Steph & Co. boosted its stake in Advanced Micro Devices by 179.7% in the third quarter. Steph & Co. now owns 523 shares of the semiconductor manufacturer's stock valued at $85,000 after acquiring an additional 336 shares in the last quarter. 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.

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