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

$166.33
+1.86 (+1.13%)
(As of 05/20/2024 ET)
Today's Range
$164.47
$168.49
50-Day Range
$144.27
$202.76
52-Week Range
$93.11
$227.30
Volume
45.58 million shs
Average Volume
68.67 million shs
Market Capitalization
$268.84 billion
P/E Ratio
244.61
Dividend Yield
N/A
Price Target
$185.26

Advanced Micro Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
Upside/​Downside
11.4% Upside
$185.26 Price Target
Short Interest
Healthy
2.01% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
0.76mentions of Advanced Micro Devices in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$31.76 M Sold Last Quarter
Proj. Earnings Growth
67.18%
From $2.62 to $4.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Computer And Technology Sector

100th out of 589 stocks

Semiconductors & Related Devices Industry

20th out of 87 stocks

AMD stock logo

About Advanced Micro Devices Stock (NASDAQ:AMD)

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.

AMD Stock Price History

AMD Stock News Headlines

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Adobe is well-positioned as a developer, infrastructure provider, and data source for the growing AI industry. The stock is down now but the discount won't last
AMD is Down 35%. Now is the Time to Buy the Dip
Advanced Micro Devices NASDAQ: AMD share prices inflated in 2023 and early 2024 on hopes for an AI boom like NVIDIA NASDAQ: NVDA. The share price is down 35% from that peak because the boom didn't happen, or did it?
AMD is Down 35%. Now is the Time to Buy the Dip
Advanced Micro Devices had a solid quarter, but meeting analysts' expectations was insufficient to catalyze a rally. Higher prices are indicated by analysts.
Microsoft Fires a Trend Following Signal: Targets Move Higher (AMD)
Microsoft is cementing its position as a leader in AI infrastructure and services across the stack. Analysts raise price targets.
Semiconductor Shakeout: Finding Potential Amidst Turmoil
The semiconductor sector, usually a beacon of market strength, found itself in a storm last Friday. Shares of NVIDIA Corp. NASDAQ: NVDA closed the day down 10%, wiping out nearly $200 billion in market capitalization.
Semiconductor Shakeout: Finding Potential Amidst Turmoil (AMD)
Last week, semiconductor stocks witnessed a significant decline, with Nvidia alone losing nearly $200 billion in market value.
High-Yield Texas Instruments Could Hit New Highs Soon (AMD)
Texas Instruments struggled in Q1, but details indicate a trough in the cycle and a return to growth ahead. Analysts are raising their price targets.
7 Stocks to Buy Immediately Following Strong Earnings
3 Stocks You'll Wish You Owned Sooner
Is AMD Stock Poised for a Comeback in the AI Era?
Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 2.7%
Advanced Micro Devices (NASDAQ:AMD) Shares Gap Up to $162.62
Chip stocks: Wolfe Research bullish on AMD, Nvidia
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/20/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:AMD
CIK
2488
Employees
26,000
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$185.26
High Stock Price Target
$250.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
30 Analysts

Profitability

Net Income
$854 million
Pretax Margin
3.00%

Debt

Sales & Book Value

Annual Sales
$22.68 billion
Cash Flow
$4.25 per share
Book Value
$34.59 per share

Miscellaneous

Outstanding Shares
1,616,310,000
Free Float
1,605,808,000
Market Cap
$268.84 billion
Optionable
Optionable
Beta
1.66

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AMD Stock Analysis - 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 year. There are currently 2 hold ratings and 28 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMD shares.
View AMD analyst ratings
or view top-rated stocks.

What is Advanced Micro Devices' stock price target for 2024?

30 Wall Street analysts have issued 1 year price targets for Advanced Micro Devices' shares. Their AMD share price targets range from $110.00 to $250.00. On average, they anticipate the company's share price to reach $185.26 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for AMD
or view top-rated stocks among Wall Street analysts.

How have AMD shares performed in 2024?

Advanced Micro Devices' stock was trading at $147.41 at the beginning of the year. Since then, AMD shares have increased by 12.8% and is now trading at $166.33.
View the best growth stocks for 2024 here
.

When is Advanced Micro Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our AMD earnings forecast
.

How were Advanced Micro Devices' earnings last quarter?

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its earnings results on Tuesday, April, 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. The semiconductor manufacturer earned $5.47 billion during the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a trailing twelve-month return on equity of 5.72% and a net margin of 4.89%. The firm's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 EPS.
Read the conference call transcript
.

What guidance has Advanced Micro Devices issued on next quarter's earnings?

Advanced Micro Devices updated its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.4 billion-$6.0 billion, compared to the consensus revenue estimate of $5.7 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).

Who are Advanced Micro Devices' major shareholders?

Advanced Micro Devices' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.96%), Jennison Associates LLC (1.50%), Price T Rowe Associates Inc. MD (1.43%), Bank of New York Mellon Corp (0.73%), Baillie Gifford & Co. (0.55%) and GQG Partners LLC (0.50%). Insiders that own company stock include Darla M Smith, Devinder Kumar, Forrest Eugene Norrod, Harry A Wolin, John Edward Caldwell, Joseph A Householder, Lisa T Su, Lisa T Su, Mark D Papermaster, Paul Darren Grasby, Rick Bergman and Victor Peng.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NASDAQ:AMD) was last updated on 5/21/2024 by MarketBeat.com Staff

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