NASDAQ:AMD

Advanced Micro Devices (AMD) Stock Forecast, Price & News

$127.03

+6.68 (+5.55%)

(As of 05/26/2023 04:00 PM ET)

Compare

Today's Range: $120.89
▼
$127.43
50-Day Range: $81.62
▼
$127.03
52-Week Range: $54.57
▼
$127.43

Volume: 92.92 million shs
Average Volume: 62.93 million shs
Market Capitalization: $204.56 billion

P/E Ratio: 552.30
Dividend Yield: N/A
Price Target: $97.17

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 23.5% Downside
$97.17 Price Target
Short Interest: Healthy
2.08% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.09
Upright™ Environmental Score
News Sentiment: 0.56
Based on 31 Articles This Week
Insider Trading: Selling Shares
$10.47 M Sold Last Quarter
Proj. Earnings Growth: 52.53%
From $2.17 to $3.31 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Computer And Technology Sector

298th out of 618 stocks

Semiconductors & Related Devices Industry

42nd out of 88 stocks

2.4

Analyst's Opinion

Consensus Rating
Advanced Micro Devices has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 20 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $97.17, Advanced Micro Devices has a forecasted downside of 23.5% from its current price of $127.03.
Amount of Analyst Coverage
Advanced Micro Devices has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.08% of the outstanding shares of Advanced Micro Devices have been sold short.
Short Interest Ratio / Days to Cover
Advanced Micro Devices has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Advanced Micro Devices has recently increased by 20.82%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Advanced Micro Devices does not currently pay a dividend.
Dividend Growth
Advanced Micro Devices does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Advanced Micro Devices has received a 13.75% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Microprocessors", "Graphics processing units", and "Chipsets" products. See details.
Environmental Sustainability
The Environmental Impact score for Advanced Micro Devices is -2.09.

3.1

News and Social Media Coverage

News Sentiment
Advanced Micro Devices has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Advanced Micro Devices this week, compared to 18 articles on an average week.
Search Interest
736 people have searched for AMD on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.
MarketBeat Follows
143 people have added Advanced Micro Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 74% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Advanced Micro Devices insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,474,960.00 in company stock.
Percentage Held by Insiders
Only 0.73% of the stock of Advanced Micro Devices is held by insiders.
Percentage Held by Institutions
67.17% of the stock of Advanced Micro Devices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Advanced Micro Devices are expected to grow by 52.53% in the coming year, from $2.17 to $3.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Advanced Micro Devices is 552.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 121.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Advanced Micro Devices is 552.30, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.50.
Price to Earnings Growth Ratio
Advanced Micro Devices has a PEG Ratio of 9.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Advanced Micro Devices has a P/B Ratio of 3.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Advanced Micro Devices (NASDAQ:AMD) Stock

Advanced Micro Devices, Inc., also known as AMD, is a semiconductor company operating in the global market. The company was incorporated in 1969 and is one of the oldest semiconductor manufacturers on the market today. Headquartered in Santa Clara, California, Advanced Micro Devices is fundamental to most verticals within the global economy.

Advanced Micro Devices operates in two segments; Computing And Graphics and Enterprise, Embedded, and Semi-Custom. Advanced Micro Devices products span a range of semiconductor applications including microprocessors, chipsets, GPUs, data centers, system-on-a-chip, development services, and technology for gaming consoles which gives it some of the broadest exposure of any semiconductor company today.

Advanced Micro Devices markets its high-performance products under a host of brands that include AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, AMD PRO A-Series, AMD Radeon graphics, and AMD Embedded Radeon graphics brands and there are pro-models available in all categories.

The company serves OEMs across all verticals, cloud service providers, independent distributors, online retailers, and add-in-board manufacturers through a network of direct sales, independent distributors, and sales representatives that have offices in all major markets.

Advanced Micro Devices is run by a team of industry-leading innovators who believe in the concepts of high-performance and adaptive computing. Adaptive Computing is a technology that can learn and alter its functioning and adapt to meet the needs of its users. The push toward adaptive computing is being led by Dr. Lisa Su who joined the team in 2012 as a Senior Vice President and is now Chairman of the Board and CEO. Before joining Advance Micro Devices Dr. Su spent 18 years working in various positions at two other very high-profile semiconductor companies that are still in operation today.

The factor that makes AMD stand out from the crowd is its twin focus on high-performance computing and high-performance graphics. This focus gives AMD an edge over the competition because it is the best at combining the two aspects into custom solutions that are driving innovations and advancements in other industries and fields of research. The latest innovation, and one hailed as the biggest advance in CPU cache technology in over a decade, is the creation of the AMD EPYC processors which include AMDs 3-D V-Cache technology. The V-Cache technology alters the way data is stored in the cache and is resulting in up to 66% improvement in performance.

If quality, performance, leadership, and innovation aren’t enough to sway an investor Advanced Micro Devices is also a leader in the push toward sustainable and green operations. The company is on track to meet the four pillars of its plan which are 1) a 50% reduction in greenhouse gas emissions by 2030 2) reach a 30X increase in efficiency for many of its processors 3) 100% of suppliers must have public GHG goals and 4) 80% of suppliers sourcing renewable energy by 2025.

Receive AMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Advanced Micro Devices and its competitors with MarketBeat's FREE daily newsletter.

AMD Stock News Headlines

May 24, 2023 | marketbeat.com

Axcelis Stock In Buy Range After Chart Breakout, Strong Guidance (AMD)

Axcelis Technologies has been growing revenue and earnings, and recently broke out of a chart consolidation. Strong Q1 results spurred institutional buying

May 23, 2023 | marketbeat.com

Will Dividends Take Center Stage In The Second Half Of 2023? (AMD)

The NYSE Composite's sideways trade since early 2021 could be a warning sign, suggesting that a shift toward dividend strategies may be prudent.

May 29, 2023 | Altimetry (Ad)

Pentagon Consultant—Here's how Biden Wins Landslide Re-election

—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,

May 22, 2023 | marketbeat.com

Don’t Get Burned By The AI Boom

AI is booming and sustaining business for tech companies, but investors should not expect another period of wild growth: AI is the natural evolution of tech.

May 22, 2023 | marketbeat.com

Will The Breakout in VanEck Semiconductor ETF Continue? (AMD)

Last week's breakout in VanEck Semiconductor ETF was nothing short of impressive. Should participants take their foot off the gas or continue to buy?

May 19, 2023 | marketbeat.com

Why You Should Consider Buying Nvidia Ahead Of Earnings (AMD)

While the broader semiconductor industry has also rebounded since last October, Nvidia has eclipsed the performance of its closest competitors.

May 11, 2023 | marketbeat.com

3 Surprising Stocks Leading Growth Over Value (AMD)

This year’s best performing S&P 500 Growth stocks were some of 2022’s worst performers. Will the worst to first trend continue?

May 6, 2023 | marketbeat.com

MarketBeat Week in Review – 5/1 - 5/5 (AMD)

A strong jobs report, Apple earnings, and a possible Fed pause were stories moving the market this week. Here are some of the other popular stories this week

May 29, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...

May 5, 2023 | marketbeat.com

Advanced Micro Devices Bullish Reversal Is Still In Play

Advanced Micro Devices shares are plummeting on weak guidance that may set it up for a rebound later in the year. The long-term outlook is robust with AI.

May 4, 2023 | marketbeat.com

Is it Time for Qualcomm to Start Playing Catch-up? (AMD)

MarketBeat's Forecast tool rates Qualcomm's shares as a Moderate Buy, with an upside target of 38%, so perhaps there is a case for the longer-term opportunity.

May 3, 2023 | marketbeat.com

Here’s Why AMD’s Weak Guidance Is A Blessing In Disguise

Shares of AMD have been setting a pattern of higher highs and higher lows which bodes well technically and means any drop is an interesting entry opportunity.

May 29, 2023 | americanbankingnews.com

Advanced Micro Devices, Inc. (NASDAQ:AMD) Sees Large Increase in Short Interest

May 28, 2023 | msn.com

High Put Premiums on Advanced Micro Devices Stock Make Shorting Them Attractive for Income

May 28, 2023 | finance.yahoo.com

Top 10 Generative Artificial Intelligence Companies to Invest In

May 28, 2023 | americanbankingnews.com

Advanced Micro Devices, Inc. (NASDAQ:AMD) Receives $96.31 Average Price Target from Brokerages

May 26, 2023 | msn.com

Unusual Put Option Trade in Advanced Micro Devices (AMD) Worth $612.75K

May 26, 2023 | seekingalpha.com

AMD: Side With Wall Street, Buy The Breakout

May 26, 2023 | uk.news.yahoo.com

Advanced Micro Devices' (NASDAQ:AMD) five-year earnings growth trails the 54% YoY shareholder returns

May 26, 2023 | finance.yahoo.com

The Market's Message: Stick With the Hot Stocks, Be Cautious With the Rest

May 26, 2023 | finance.yahoo.com

Dow Jones Futures Reverse Lower On Hot Inflation Data; Ulta Beauty Dives On Sales Miss

May 25, 2023 | fxstreet.com

Advanced Micro Devices Stock Forecast: AMD surges to 14-month high following Nvidia earnings

May 25, 2023 | msn.com

Why Advanced Micro Devices Stock Jumped This Week

May 25, 2023 | finance.yahoo.com

Dow Jones Futures: Nasdaq Jumps As Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible

May 25, 2023 | investorplace.com

AMD Stock Alert: Is Advanced Micro Devices the Next Nvidia?

May 25, 2023 | finance.yahoo.com

Palantir, AMD, and Other AI Stocks Rally on Nvidia’s Earnings

May 25, 2023 | americanbankingnews.com

Advanced Micro Devices (NASDAQ:AMD) PT Raised to $120.00

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive AMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Advanced Micro Devices and its competitors with MarketBeat's FREE daily newsletter.

AMD Company Calendar

Last Earnings: 5/02/2023
Today: 5/29/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:AMD
CUSIP: N/A
CIK: 2488
Web: www.amd.com
Phone: (408) 749-4000
Fax: 408-982-6164
Employees: 25,000
Year Founded: 1969

Price Target and Rating

Average Stock Price Forecast: $97.17
High Stock Price Forecast: $125.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: -23.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 30 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.23
Trailing P/E Ratio: 552.30
Forward P/E Ratio: 58.54
P/E Growth: 9.61
Net Income: $1.32 billion
Net Margins: 1.71%
Pretax Margin: 0.70%
Return on Equity: 7.19%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 2.38
Quick Ratio: 1.74

Sales & Book Value

Annual Sales: $23.60 billion
Price / Sales: 8.67
Cash Flow: $5.68 per share
Price / Cash Flow: 22.37
Book Value: $33.96 per share
Price / Book: 3.74

Miscellaneous

Outstanding Shares: 1,610,360,000
Free Float: 1,598,606,000
Market Cap: $204.56 billion
Optionable: Optionable
Beta: 1.94

Social Links

Key Executives

Lisa T. Su
Chairman, President & Chief Executive Officer

Keivan Keshvari
Senior Vice President-Global Operations

Jean X. Hu
Chief Financial Officer, Treasurer & Executive VP

Mark D. Papermaster
CTO, Executive VP-Technology & Engineering

Hasmukh Ranjan
Chief Information Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMD Stock - Frequently Asked Questions

Should I buy or sell Advanced Micro Devices stock right now?: 30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last twelve months. There are currently 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMD shares.
View AMD analyst ratings or view top-rated stocks.
What is Advanced Micro Devices' stock price forecast for 2023?: 30 Wall Street research analysts have issued 12 month price objectives for Advanced Micro Devices' stock. Their AMD share price forecasts range from $60.00 to $125.00. On average, they predict the company's share price to reach $97.17 in the next year. This suggests that the stock has a possible downside of 23.5%.
View analysts price targets for AMD or view top-rated stocks among Wall Street analysts.
How have AMD shares performed in 2023?: Advanced Micro Devices' stock was trading at $64.77 at the start of the year. Since then, AMD stock has increased by 96.1% and is now trading at $127.03.
View the best growth stocks for 2023 here.
Are investors shorting Advanced Micro Devices?: Advanced Micro Devices saw a increase in short interest in May. As of May 15th, there was short interest totaling 33,490,000 shares, an increase of 20.8% from the April 30th total of 27,720,000 shares. Based on an average daily trading volume, of 64,390,000 shares, the short-interest ratio is currently 0.5 days.
View Advanced Micro Devices' Short Interest.
When is Advanced Micro Devices' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our AMD earnings forecast.
How were Advanced Micro Devices' earnings last quarter?: Advanced Micro Devices, Inc. (NASDAQ:AMD) released its earnings results on Tuesday, May, 2nd. The semiconductor manufacturer reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.04. The semiconductor manufacturer had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.31 billion. Advanced Micro Devices had a trailing twelve-month return on equity of 7.19% and a net margin of 1.71%. The business's revenue was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.02 EPS.
Read the conference call transcript.
What ETFs hold Advanced Micro Devices' stock?: ETFs with the largest weight of Advanced Micro Devices (NASDAQ:AMD) stock in their portfolio include AXS Esoterica NextG Economy ETF (WUGI), Simplify Volt RoboCar Disruption and Tech ETF (VCAR), Invesco PHLX Semiconductor ETF (SOXQ), AOT Growth & Innovation ETF (AOTG), VanEck Video Gaming and eSports ETF (ESPO), iShares Semiconductor ETF (SOXX), Defiance Next Gen Connectivity ETF (FIVG) and TrueShares Technology, AI & Deep Learning ETF (LRNZ).
What guidance has Advanced Micro Devices issued on next quarter's earnings?: Advanced Micro Devices updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.00 billion-$5.60 billion, compared to the consensus revenue estimate of $5.49 billion.

What is Dr. Lisa Su's approval rating as Advanced Micro Devices' CEO?: 1,032 employees have rated Advanced Micro Devices Chief Executive Officer Dr. Lisa Su on Glassdoor.com. Dr. Lisa Su has an approval rating of 99% among the company's employees. This puts Dr. Lisa Su in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at Advanced Micro Devices to a friend.
What other stocks do shareholders of Advanced Micro Devices own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Block (SQ), Walt Disney (DIS), QUALCOMM (QCOM) and PayPal (PYPL).
What is Advanced Micro Devices' stock symbol?: Advanced Micro Devices trades on the NASDAQ under the ticker symbol "AMD."
Who are Advanced Micro Devices' major shareholders?: Advanced Micro Devices' stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.04%), Price T Rowe Associates Inc. MD (3.43%), FMR LLC (3.24%), Geode Capital Management LLC (1.84%), Fisher Asset Management LLC (1.64%) and Wellington Management Group LLP (1.26%). Insiders that own company stock include Darla M Smith, Darla M Smith, Devinder Kumar, Douglas N Comings, Forrest Eugene Norrod, John Edward Caldwell, Lisa T Su, Lisa T Su, Mark D Papermaster, Nora Denzel, Paul Darren Grasby and Rick Bergman.
View institutional ownership trends.
How do I buy shares of Advanced Micro Devices?: Shares of AMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Advanced Micro Devices' stock price today?: One share of AMD stock can currently be purchased for approximately $127.03.
How much money does Advanced Micro Devices make?: Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $204.56 billion and generates $23.60 billion in revenue each year. The semiconductor manufacturer earns $1.32 billion in net income (profit) each year or $0.23 on an earnings per share basis.
How many employees does Advanced Micro Devices have?: The company employs 25,000 workers across the globe.
Does Advanced Micro Devices have any subsidiaries?: The following companies are subsidiares of Advanced Micro Devices: 1252986 Alberta ULC, AMD (EMEA) LTD., AMD Advanced Micro Devices Israel Ltd., AMD Advanced Research LLC, AMD Corporation, AMD Far East Ltd., AMD India Private Limited, AMD International Sales & Service Ltd., AMD Japan Ltd., AMD Latin America Ltd., AMD Products (China) Co. Ltd, AMD South America LTDA, AMD Technology Development (Beijing) Co. Ltd., ATI International SRL, ATI Technologies (Bermuda) Limited, ATI Technologies (L) Inc., ATI Technologies Inc, ATI Technologies ULC, Advanced Micro Devices (China) Co. Ltd., Advanced Micro Devices (Shanghai) Co. Ltd., Advanced Micro Devices (Singapore) Pte. Ltd., Advanced Micro Devices (U.K.) Limited, Advanced Micro Devices AB, Advanced Micro Devices Belgium N.V., Advanced Micro Devices Global Services (M) Sdn. Bhd., Advanced Micro Devices GmbH, Advanced Micro Devices Malaysia Ltd., Advanced Micro Devices S.A.S., Advanced Micro Devices S.p.A., Advanced Micro Devices Sdn. Bhd., Alchemy Semiconductor, Chengdu Haiguang Microelectronics Technology Co. Ltd., HiAlgo, HiAlgo Inc., Nitero Inc., SeaMicro, SeaMicro Inc., and Xilinx.
Read More
How can I contact Advanced Micro Devices?: Advanced Micro Devices' mailing address is 2485 AUGUSTINE DRIVE, SANTA CLARA CA, 95054. The official website for the company is www.amd.com. The semiconductor manufacturer can be reached via phone at (408) 749-4000, via email at investor.relations@amd.com, or via fax at 408-982-6164.

This page (NASDAQ:AMD) was last updated on 5/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial