Seaport Res Ptn Analysts Reduce Earnings Estimates for AMD

Key Points

• Seaport Res Ptn has lowered its earnings forecast for Advanced Micro Devices (AMD), predicting Q3 2025 EPS to be $0.87, down from $0.95, while maintaining a "Hold" rating on the stock.
• Despite the forecast cut, other research firms like Barclays and Benchmark have raised their price targets for AMD, with Barclays increasing it from $130 to $200 and Benchmark from $170 to $210.
• AMD stock experienced a 6.6% decline, with the current consensus rating being "Moderate Buy" and a price target of $181.33, while the company also announced a $6 billion share buyback plan.

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Seaport Res Ptn dropped their Q3 2025 EPS estimates for Advanced Micro Devices in a report released on Thursday, September 4th. Seaport Res Ptn analyst J. Goldberg now forecasts that the semiconductor manufacturer will post earnings of $0.87 per share for the quarter, down from their previous forecast of $0.95. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Advanced Micro Devices' current full-year earnings is $3.87 per share. Seaport Res Ptn also issued estimates for Advanced Micro Devices' FY2025 earnings at $2.91 EPS, Q1 2026 earnings at $0.82 EPS, Q3 2026 earnings at $1.34 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $4.64 EPS.

Several other research firms have also recently weighed in on AMD. Barclays boosted their price target on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Jefferies Financial Group boosted their price target on shares of Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Benchmark boosted their price target on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Wedbush reiterated a "cautious" rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $181.33.

Advanced Micro Devices Stock Down 6.6%

Advanced Micro Devices stock opened at $151.14 on Monday. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The stock has a market cap of $245.28 billion, a PE ratio of 86.86, a price-to-earnings-growth ratio of 1.79 and a beta of 1.92. The firm's 50-day simple moving average is $161.36 and its 200 day simple moving average is $125.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the firm posted $0.69 earnings per share. The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Advanced Micro Devices

A number of institutional investors have recently made changes to their positions in the stock. SevenBridge Financial Group LLC increased its holdings in shares of Advanced Micro Devices by 9.8% in the 2nd quarter. SevenBridge Financial Group LLC now owns 6,214 shares of the semiconductor manufacturer's stock worth $882,000 after buying an additional 557 shares during the last quarter. American Trust bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at $233,000. FSC Wealth Advisors LLC grew its holdings in shares of Advanced Micro Devices by 18.8% during the 2nd quarter. FSC Wealth Advisors LLC now owns 949 shares of the semiconductor manufacturer's stock valued at $135,000 after purchasing an additional 150 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at $34,000. Finally, Total Investment Management Inc. bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at $85,000. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 252,998 shares of company stock valued at $41,415,580. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices declared that its board has approved a stock buyback plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor manufacturer to reacquire up to 3.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

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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