Stifel Nicolaus Boosts Advanced Micro Devices (NASDAQ:AMD) Price Target to $450.00

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) had its price target boosted by research analysts at Stifel Nicolaus from $320.00 to $450.00 in a report released on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the semiconductor manufacturer's stock. Stifel Nicolaus' price target would indicate a potential upside of 26.67% from the company's current price.

Other analysts have also issued research reports about the stock. Erste Group Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Monday, January 26th. Roth Mkm reiterated a "buy" rating and issued a $500.00 target price on shares of Advanced Micro Devices in a research note on Wednesday. Cantor Fitzgerald reiterated an "overweight" rating and issued a $500.00 target price on shares of Advanced Micro Devices in a research note on Wednesday. Finally, TD Cowen reiterated a "buy" rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $340.46.

Advanced Micro Devices Stock Up 4.0%

Advanced Micro Devices stock opened at $355.26 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. Advanced Micro Devices has a 12-month low of $96.88 and a 12-month high of $362.79. The firm's fifty day moving average is $235.61 and its 200 day moving average is $229.21. The company has a market capitalization of $579.19 billion, a PE ratio of 134.06, a PEG ratio of 1.23 and a beta of 2.40.

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

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 125,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 31,320 shares of the firm's stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares of the company's stock, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 304,672 shares of company stock worth $70,135,070 over the last ninety days. Company insiders own 0.50% of the company's stock.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors have recently modified their holdings of the company. Gerald Baker Financial Group LLC purchased a new position in shares of Advanced Micro Devices during the first quarter worth approximately $503,000. Allspring Global Investments Holdings LLC raised its stake in shares of Advanced Micro Devices by 2.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 635,010 shares of the semiconductor manufacturer's stock worth $133,485,000 after acquiring an additional 15,399 shares in the last quarter. Oder Investment Management LLC raised its stake in shares of Advanced Micro Devices by 3.7% during the first quarter. Oder Investment Management LLC now owns 1,117 shares of the semiconductor manufacturer's stock worth $227,000 after acquiring an additional 40 shares in the last quarter. Frisch Financial Group Inc. raised its stake in shares of Advanced Micro Devices by 9.9% during the first quarter. Frisch Financial Group Inc. now owns 3,184 shares of the semiconductor manufacturer's stock worth $648,000 after acquiring an additional 288 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in shares of Advanced Micro Devices during the first quarter worth approximately $7,995,000. 71.34% of the stock is currently owned by institutional investors.

Key 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.

About Advanced Micro Devices

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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