Advanced Micro Devices (NASDAQ:AMD) Raised to Buy at Erste Group Bank

Key Points

• Erste Group Bank upgraded AMD from "hold" to "buy", joining a majority of analysts that give the stock a "Moderate Buy" consensus with an average price target of $290.53.
• AMD beat quarterly expectations, reporting $1.53 EPS and $10.27 billion in revenue (up 34.1% year-over-year), while the stock traded around $206.12 — well below analyst targets and with a P/E near 78.
• Notable insider selling occurred recently, including CEO Lisa Su's sale of 85,000 shares and ~239,392 shares sold last quarter, even as institutional investors hold roughly 71% of the stock.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) was upgraded by research analysts at Erste Group Bank from a "hold" rating to a "buy" rating in a report issued on Thursday, MarketBeat Ratings reports.

AMD has been the topic of several other research reports. Wedbush reissued an "outperform" rating and issued a $290.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Royal Bank Of Canada reissued a "sector perform" rating and set a $230.00 target price on shares of Advanced Micro Devices in a report on Monday, March 16th. Mizuho raised their price target on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Finally, Phillip Securities upgraded Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus price target of $290.53.

Advanced Micro Devices Stock Performance

Shares of AMD traded down $4.09 during mid-day trading on Thursday, hitting $206.12. The stock had a trading volume of 3,726,566 shares, compared to its average volume of 37,675,465. The firm has a market cap of $336.04 billion, a P/E ratio of 77.94, a PEG ratio of 0.77 and a beta of 1.96. The business has a fifty day moving average price of $211.43 and a 200-day moving average price of $214.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. Advanced Micro Devices has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the prior year, the company earned $1.09 EPS. The firm's quarterly revenue was up 34.1% compared to the same quarter last year. On average, equities research analysts expect that Advanced Micro Devices will post 3.87 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the firm's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lisa T. Su sold 85,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the sale, the chief executive officer directly owned 3,146,006 shares of the company's stock, valued at approximately $625,331,612.62. This trade represents a 2.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 239,392 shares of company stock valued at $50,016,383. 0.06% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Advanced Micro Devices

Large investors have recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC lifted its stake in Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank boosted its position in Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock valued at $1,881,000 after buying an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. grew its stake in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after buying an additional 7,228 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: D.E. Shaw dramatically increased its AMD stake in Q4 2025, signaling strong institutional conviction and adding sizable buying pressure. Advanced Micro Devices (AMD): D. E. Shaw Is Loading Up on This Chip Stock
• Positive Sentiment: Wells Fargo added AMD to its Q2 Tactical Ideas List (Overweight), boosting analyst-driven demand and helping lift the chip sector into earnings season. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
• Positive Sentiment: AMD and Samsung expanded a memorandum of understanding to secure HBM4 for next-gen Instinct accelerators, DRAM for EPYC CPUs and even explored Samsung as a future foundry — reducing supply risk for AI/data-center ramps. AMD And Samsung Deepen AI Memory Ties In Bid For Supply Strength
• Positive Sentiment: Reports that Korean AI startup Upstage is in talks to buy ~10,000 AMD accelerators and AMD outreach to space/NASA customers highlight concrete demand channels beyond PCs and servers. AI Startup “Upstage” in Talks to Purchase 10,000 Advanced Micro Devices (AMD) Chips in Korea
• Neutral Sentiment: Sector dynamics — e.g., Intel’s large fab buyback and broader AI ETF flows — are lifting chip stocks overall, which provides momentum for AMD but not a company-specific catalyst. Stock Market Today, April 1: Intel Surges on $14.2 Billion Fab Buyback
• Negative Sentiment: Cathie Wood’s Ark sold ~57K AMD shares and billionaire Ray Dalio trimmed his Bridgewater position — headline exits that can weigh on sentiment despite being small vs. AMD’s market cap. Bye Bye, AMD! Cathie Wood Ditches 57K Advanced Micro Shares Advanced Micro Devices Inc. (AMD): Billionaire Ray Dalio Trims Stake
• Negative Sentiment: Persistent insider selling and notable institutional reductions (e.g., UBS large cut) are longer-term governance/float signals investors watch as a potential headwind. Quiver Quantitative institutional & insider activity (summary)

About Advanced Micro Devices

Advanced Micro Devices, Inc NASDAQ: AMD is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company's product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.