What is Wedbush's Estimate for AMD Q3 Earnings?

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Wedbush lifted their Q3 2025 earnings per share estimates for Advanced Micro Devices in a report released on Thursday, July 17th. Wedbush analyst M. Bryson now expects that the semiconductor manufacturer will post earnings of $0.95 per share for the quarter, up from their previous estimate of $0.92. 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' Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $3.06 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.34 EPS, Q4 2026 earnings at $1.43 EPS and FY2026 earnings at $4.78 EPS.

A number of other equities analysts have also recently weighed in on AMD. Barclays increased their price target on Advanced Micro Devices from $110.00 to $130.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Evercore ISI set a $144.00 price target on Advanced Micro Devices and gave the stock an "outperform" rating in a report on Friday, June 13th. Melius Research upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and increased their price target for the stock from $110.00 to $175.00 in a report on Monday, June 23rd. HSBC upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $200.00 price target for the company in a report on Thursday, July 10th. Finally, Raymond James Financial reissued an "outperform" rating and set a $120.00 target price (down previously from $150.00) on shares of Advanced Micro Devices in a research note on Wednesday, May 7th. Eleven equities research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and five have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $154.68.

Advanced Micro Devices Trading Up 2.2%

NASDAQ AMD traded up $3.47 on Monday, reaching $162.12. 47,644,725 shares of the company were exchanged, compared to its average volume of 46,725,572. The business's fifty day moving average price is $131.25 and its 200 day moving average price is $114.24. The stock has a market capitalization of $262.86 billion, a P/E ratio of 119.21, a price-to-earnings-growth ratio of 2.10 and a beta of 2.05. The company has a current ratio of 2.80, a quick ratio of 1.97 and a debt-to-equity ratio of 0.06. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $174.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.03. The company had revenue of $7.44 billion for the quarter, compared to analyst estimates of $7.10 billion. Advanced Micro Devices had a return on equity of 8.30% and a net margin of 8.03%. The firm's revenue for the quarter was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share.

Advanced Micro Devices declared that its board has initiated a share repurchase program on Wednesday, May 14th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares in the company, 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 can be accessed through this link. Insiders own 0.06% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AMD. Norges Bank purchased a new position in Advanced Micro Devices during the 4th quarter worth approximately $2,867,193,000. Kingstone Capital Partners Texas LLC purchased a new position in Advanced Micro Devices during the 2nd quarter worth approximately $958,422,000. Goldman Sachs Group Inc. grew its stake in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock worth $1,012,538,000 after buying an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock worth $1,069,846,000 after buying an additional 5,915,185 shares during the last quarter. Finally, Toronto Dominion Bank grew its stake in Advanced Micro Devices by 443.3% during the 4th quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer's stock worth $660,475,000 after buying an additional 4,461,609 shares during the last quarter. 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.