Mizuho Raises Advanced Micro Devices (NASDAQ:AMD) Price Target to $415.00

Key Points

• Mizuho raised AMD's price target to $415 (from $280) with an "outperform" rating — other firms also lifted targets (Goldman to $450, Seaport to $430), leaving an average analyst target of $349.24 and a consensus "Moderate Buy".
• AMD beat Q1 estimates and raised guidance, reporting $1.37 EPS vs $1.29 expected and $10.25B revenue vs $9.90B, and giving Q2 revenue guidance of ~$10.9B–$11.5B driven by strong AI/data‑center (EPYC/Instinct) demand — the main catalyst for the recent rally.
• Risks include significant insider selling (≈304,672 shares, ~$70.1M, in the last 90 days), analyst concerns about packaging/supply constraints and valuation, with the stock trading near $355 and a P/E of ~134.06.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) had its target price lifted by equities research analysts at Mizuho from $280.00 to $415.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an "outperform" rating on the semiconductor manufacturer's stock. Mizuho's price target would indicate a potential upside of 16.82% from the stock's current price.

Several other equities research analysts have also recently issued reports on AMD. Phillip Securities raised Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Sunday, February 8th. Seaport Research Partners raised Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 price objective for the company in a research note on Wednesday. China Renaissance started coverage on Advanced Micro Devices in a research note on Tuesday, January 13th. They issued a "buy" rating and a $291.00 price objective for the company. The Goldman Sachs Group raised Advanced Micro Devices from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $240.00 to $450.00 in a research note on Wednesday. Finally, Citigroup dropped their price objective on Advanced Micro Devices from $260.00 to $248.00 and set a "neutral" rating for the company in a research note on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $349.24.

Advanced Micro Devices Price Performance

AMD stock opened at $355.26 on Wednesday. The business has a fifty day moving average of $235.61 and a two-hundred day moving average of $229.21. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The stock has a market cap of $579.19 billion, a price-to-earnings ratio of 134.06, a price-to-earnings-growth ratio of 1.23 and a beta of 2.40. Advanced Micro Devices has a 52-week low of $96.88 and a 52-week high of $362.79.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm's quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.96 earnings per share. As a group, research analysts anticipate that Advanced Micro Devices will post 5.82 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares of the company's stock, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AMD. Joseph Group Capital Management purchased a new position in Advanced Micro Devices in the fourth quarter valued at $25,000. ORG Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock worth $26,000 after buying an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. lifted its holdings in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after buying an additional 61 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in Advanced Micro Devices during the 4th quarter worth about $27,000. Finally, Cornerstone Financial Management LLC purchased a new stake in Advanced Micro Devices during the 4th quarter worth about $27,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: Q1 beat and bullish guidance — AMD reported above-consensus Q1 results and raised Q2 revenue guidance (roughly $10.9B–$11.5B / ~$11.2B midpoint), driven by a big jump in data-center (AI) sales; that beat-and-raise is the primary catalyst for the rally. Read More.
• Positive Sentiment: AI & data-center demand conviction — Management highlighted strong EPYC/Instinct adoption and secured memory supply for AI deployments, supporting multi‑quarter revenue visibility for server CPUs and accelerators. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised ratings/targets (Goldman, Truist, Wedbush, Bernstein among others), adding momentum and buy-side conviction after the results. Read More.
• Neutral Sentiment: Macro tailwind — improved risk sentiment from reports of progress toward a U.S.‑Iran deal lifted futures and helped tech names broadly, amplifying AMD’s earnings move. Read More.
• Neutral Sentiment: Partnerships & ecosystem traction — recent cloud and partner announcements (e.g., Zyphra, Riot expansions) validate product wins but are longer‑lead revenue signals rather than immediate upside. Read More.
• Negative Sentiment: Supply‑chain and production constraints — analysts and industry write‑ups flag packaging (CoWoS) bottlenecks and capacity limits that could cap near‑term fulfillment, a key reason some investors remain cautious. Read More.
• Negative Sentiment: Valuation and profit‑taking concerns — HSBC and others flagged valuation/peak expectations ahead of earnings; notable insider/institutional selling and rotations have been reported, creating downside risk if guidance or margins slip. Read More.
• Negative Sentiment: Near‑term margin/price risks — management noted that rising memory/pricing dynamics could pressure PC/gaming end markets even as AI/data‑center revenue accelerates, which investors will watch for in upcoming quarters. Read More.

Advanced Micro Devices Company Profile

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.

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