Wedbush Expects Lower Earnings for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Equities researchers at Wedbush cut their Q2 2025 EPS estimates for shares of Advanced Micro Devices in a research note issued to investors on Wednesday, May 7th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will earn $0.30 per share for the quarter, down from their prior forecast of $0.84. Wedbush currently has a "Outperform" rating and a $120.00 price target on the stock. The consensus estimate for Advanced Micro Devices' current full-year earnings is $3.87 per share. Wedbush also issued estimates for Advanced Micro Devices' Q3 2025 earnings at $0.92 EPS, Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $3.00 EPS, Q1 2026 earnings at $0.91 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.37 EPS and FY2026 earnings at $4.60 EPS.

Other analysts have also issued reports about the company. Sanford C. Bernstein lowered their price objective on Advanced Micro Devices from $125.00 to $95.00 and set a "market perform" rating for the company in a research report on Tuesday, April 22nd. Robert W. Baird cut their price target on shares of Advanced Micro Devices from $175.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Barclays lowered their price target on shares of Advanced Micro Devices from $140.00 to $110.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Jefferies Financial Group lowered shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and lowered their price target for the stock from $135.00 to $120.00 in a research report on Thursday, March 27th. Finally, Bank of America raised Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $120.00 target price on the stock in a report on Wednesday, May 7th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $131.13.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD traded up $5.28 on Monday, hitting $108.12. 50,412,596 shares of the company were exchanged, compared to its average volume of 42,582,675. Advanced Micro Devices has a one year low of $76.48 and a one year high of $187.28. The firm has a market capitalization of $175.31 billion, a price-to-earnings ratio of 109.21, a PEG ratio of 1.11 and a beta of 1.97. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The company's 50 day moving average price is $97.41 and its two-hundred day moving average price is $116.14.

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

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,500 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total value of $1,670,725.00. Following the sale, the executive vice president now directly owns 1,713,710 shares in the company, valued at $163,607,893.70. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cypress Capital Group grew its stake in Advanced Micro Devices by 11.1% in the first quarter. Cypress Capital Group now owns 18,320 shares of the semiconductor manufacturer's stock valued at $1,882,000 after purchasing an additional 1,831 shares in the last quarter. WP Advisors LLC boosted its position in shares of Advanced Micro Devices by 52.3% during the 1st quarter. WP Advisors LLC now owns 11,628 shares of the semiconductor manufacturer's stock valued at $1,195,000 after acquiring an additional 3,991 shares in the last quarter. Motley Fool Asset Management LLC raised its holdings in shares of Advanced Micro Devices by 18.9% in the 1st quarter. Motley Fool Asset Management LLC now owns 75,379 shares of the semiconductor manufacturer's stock worth $7,744,000 after buying an additional 11,956 shares in the last quarter. Ballast Inc. increased its position in shares of Advanced Micro Devices by 8.3% during the 1st quarter. Ballast Inc. now owns 9,389 shares of the semiconductor manufacturer's stock worth $965,000 after purchasing an additional 723 shares in the last quarter. Finally, Maia Wealth LLC bought a new position in shares of Advanced Micro Devices in the first quarter valued at approximately $257,000. 71.34% of the stock is currently 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.