Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 7.8% - What's Next?

Key Points

• Shares plunged 7.8% intraday to about $206 on heavy volume (≈65M shares, ~30% above average), down from a $223.55 close.
• Wall Street remains constructive: consensus rating is "Moderate Buy" with an average target of $278.54 and several firms raising targets to $300.
• Q3 beat expectations — EPS $1.20 vs $1.17 and revenue $9.25B (+35.6% YoY) — though the stock carries a rich valuation (P/E ~118).

Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) shares were down 7.8% during mid-day trading on Thursday . The company traded as low as $204.53 and last traded at $206.02. Approximately 65,005,403 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 50,191,590 shares. The stock had previously closed at $223.55.

Wall Street Analyst Weigh In

AMD has been the topic of several research analyst reports. Roth Capital restated a "buy" rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. UBS Group increased their target price on Advanced Micro Devices from $265.00 to $300.00 and gave the stock a "buy" rating in a report on Wednesday, November 5th. Robert W. Baird set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Dbs Bank raised Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a research note on Monday, October 6th. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus target price of $278.54.

Advanced Micro Devices Trading Down 7.8%

The business has a 50 day moving average of $212.60 and a 200 day moving average of $166.99. The firm has a market capitalization of $335.41 billion, a price-to-earnings ratio of 118.40, a PEG ratio of 2.42 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company's quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Ava Hahn sold 2,868 shares of the business's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president directly owned 313,848 shares of the company's stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,118 shares of company stock valued at $7,555,369 in the last 90 days. 0.06% of the stock is owned by insiders.

Institutional Investors Weigh In On Advanced Micro Devices

A number of hedge funds and other institutional investors have recently made changes to their positions in AMD. ORG Wealth Partners LLC raised its stake in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. increased its holdings in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. Pinney & Scofield Inc. lifted its stake in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock worth $27,000 after buying an additional 85 shares during the last quarter. Dogwood Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 208 shares during the period. Finally, Avion Wealth boosted its holdings in shares of Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 72 shares during the period. 71.34% of the stock is currently 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.

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