FY2026 Earnings Estimate for AMD Issued By Cantor Fitzgerald

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for Advanced Micro Devices in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor manufacturer will post earnings of $4.56 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating on the stock. The consensus estimate for Advanced Micro Devices' current full-year earnings is $3.87 per share.

Several other analysts have also recently issued reports on the stock. Raymond James reiterated an "outperform" rating and issued a $120.00 target price (down from $150.00) on shares of Advanced Micro Devices in a research note on Wednesday, May 7th. Sanford C. Bernstein lowered their target price on shares of Advanced Micro Devices from $125.00 to $95.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Dbs Bank lowered Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Robert W. Baird dropped their price objective on Advanced Micro Devices from $175.00 to $140.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. Finally, Citigroup lifted their price objective on Advanced Micro Devices from $100.00 to $120.00 and gave the company a "neutral" rating in a research note on Monday, June 9th. Fifteen research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $134.13.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded down $2.34 during midday trading on Wednesday, hitting $116.16. The company's stock had a trading volume of 39,620,655 shares, compared to its average volume of 41,384,432. The stock has a fifty day moving average price of $104.51 and a 200 day moving average price of $111.50. Advanced Micro Devices has a one year low of $76.48 and a one year high of $187.28. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $188.34 billion, a price-to-earnings ratio of 117.33, a P/E/G ratio of 1.11 and a beta of 1.99.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.03. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. The company had revenue of $7.44 billion for the quarter, compared to analyst estimates of $7.10 billion. During the same quarter in the previous year, the firm posted $0.62 earnings per share. The company's quarterly revenue was up 35.9% compared to the same quarter last year.

Advanced Micro Devices announced that its Board of Directors has approved a share repurchase program on Wednesday, May 14th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor manufacturer to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

Insider Activity

In other 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 transaction of $1,670,725.00. Following the completion of the sale, the executive vice president now directly owns 1,713,710 shares in the company, valued at approximately $163,607,893.70. This represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Advanced Micro Devices

Several institutional investors and hedge funds have recently bought and sold shares of AMD. Optima Capital LLC lifted its stake in Advanced Micro Devices by 10.2% in the first quarter. Optima Capital LLC now owns 4,696 shares of the semiconductor manufacturer's stock worth $482,000 after acquiring an additional 433 shares during the period. 1248 Management LLC lifted its stake in Advanced Micro Devices by 78.6% in the first quarter. 1248 Management LLC now owns 15,300 shares of the semiconductor manufacturer's stock worth $1,572,000 after acquiring an additional 6,731 shares during the period. Militia Capital Partners LP lifted its stake in Advanced Micro Devices by 137.5% in the first quarter. Militia Capital Partners LP now owns 1,900 shares of the semiconductor manufacturer's stock worth $195,000 after acquiring an additional 1,100 shares during the period. First Hawaiian Bank lifted its stake in Advanced Micro Devices by 14.6% in the first quarter. First Hawaiian Bank now owns 4,515 shares of the semiconductor manufacturer's stock worth $464,000 after acquiring an additional 574 shares during the period. Finally, Invst LLC purchased a new stake in Advanced Micro Devices in the first quarter worth $289,000. Hedge funds and other institutional investors 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.