Advanced Micro Devices Stock Price, Forecast & Analysis (NASDAQ:AMD)

Advanced Micro Devices trades on the NASDAQ under the ticker symbol "AMD."

Advanced Micro Devices, Inc. (NASDAQ:AMD) released its quarterly earnings results on Tuesday, October, 29th. The semiconductor manufacturer reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.04. The semiconductor manufacturer had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.81 billion. Advanced Micro Devices had a net margin of 3.47% and a return on equity of 16.54%. Advanced Micro Devices's revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 earnings per share. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Advanced Micro Devices.

27 brokerages have issued 12 month price targets for Advanced Micro Devices' stock. Their forecasts range from $8.00 to $52.00. On average, they expect Advanced Micro Devices' stock price to reach $35.17 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for Advanced Micro Devices.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 1 sell rating, 14 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

News articles about AMD stock have trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Advanced Micro Devices earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned press coverage about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 141,290,000 shares, a drop of 7.5% from the September 15th total of 152,740,000 shares. Based on an average daily volume of 57,560,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 13.9% of the shares of the stock are sold short. View Advanced Micro Devices' Current Options Chain.

Some companies that are related to Advanced Micro Devices include NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Applied Materials (AMAT), Micron Technology (MU), Analog Devices (ADI), TOKYO ELECTRON/ADR (TOELY), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Kyocera (KYOCY), Xilinx (XLNX), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL) and Skyworks Solutions (SWKS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Bank of America (BAC), Tesla (TSLA), Square (SQ), Walt Disney (DIS) and Cisco Systems (CSCO).

Advanced Micro Devices' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.37%), Carillon Tower Advisers Inc. (0.33%), Eagle Asset Management Inc. (0.31%), Commerzbank Aktiengesellschaft FI (0.21%) and California Public Employees Retirement System (0.20%). Company insiders that own Advanced Micro Devices stock include Ahmed Yahia, Darla M Smith, Devinder Kumar, Forrest Eugene Norrod, Harry A Wolin, James Robert Anderson, Lisa T Su, Mark D Papermaster, Mark E Wallace, Mubadala Investment Co Pjsc, Nora Denzel and Paul Darren Grasby. View Institutional Ownership Trends for Advanced Micro Devices.

AMD stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Columbus Circle Investors, Scout Investments Inc., Carillon Tower Advisers Inc., First Trust Advisors LP, Picton Mahoney Asset Management, Gateway Investment Advisers LLC and Russell Investments Group Ltd.. Company insiders that have sold Advanced Micro Devices company stock in the last year include Ahmed Yahia, Darla M Smith, Devinder Kumar, Forrest Eugene Norrod, Harry A Wolin, Lisa T Su, Mark D Papermaster, Mark E Wallace, Mubadala Investment Co Pjsc, Nora Denzel and Paul Darren Grasby. View Insider Buying and Selling for Advanced Micro Devices.

AMD stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Varma Mutual Pension Insurance Co, Teacher Retirement System of Texas, Sumitomo Mitsui Trust Holdings Inc., Rhumbline Advisers, Dorsey Wright & Associates, State of Michigan Retirement System and DNB Asset Management AS. View Insider Buying and Selling for Advanced Micro Devices.

Shares of AMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AMD stock can currently be purchased for approximately $39.88.

Advanced Micro Devices has a market capitalization of $44.41 billion and generates $6.48 billion in revenue each year. The semiconductor manufacturer earns $337 million in net income (profit) each year or $0.35 on an earnings per share basis. Advanced Micro Devices employs 10,100 workers across the globe.View Additional Information About Advanced Micro Devices.

The official website for Advanced Micro Devices is http://www.amd.com/.

Advanced Micro Devices' mailing address is 2485 AUGUSTINE DRIVE, SANTA CLARA CA, 95054. The semiconductor manufacturer can be reached via phone at 408-749-4000 or via email at [email protected]