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MarketBeat Week in Review – 5/29 - 6/2
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Followed 140 TimesTop FollowedMost-Upgraded StocksMost-UpgradedSearched 612 TimesTop Searched
NASDAQ:AMD

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

$117.86
-1.61 (-1.35%)
(As of 06/2/2023 ET)
Compare
Today's Range
$117.68
▼
$121.66
50-Day Range
$81.62
▼
$127.03
52-Week Range
$54.57
▼
$130.79
Volume
52.38 million shs
Average Volume
73.37 million shs
Market Capitalization
$189.80 billion
P/E Ratio
512.43
Dividend Yield
N/A
Price Target
$97.69
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
17.1% Downside
$97.69 Price Target
Short Interest
Healthy
2.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.09
Upright™ Environmental Score
News Sentiment
0.70mentions of Advanced Micro Devices in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$13.46 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.

2.26 out of 5 stars

Computer And Technology Sector

227th out of 609 stocks

Semiconductors & Related Devices Industry

35th out of 89 stocks

See Top Rated MarketRank™ Stocks Here

AMD stock logo

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.

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AMD Stock News Headlines

May 31, 2023 | marketbeat.com
How Do Chipmakers Stack Up When it Comes to Growth? (AMD)
Gone are the days when semiconductor stocks were riding high on demand for electronics gear. These companies face similar issues, but also diverge in some ways.
May 31, 2023 | marketbeat.com
Micron Technology Sees Chip Recovery by the End of 2023 (AMD)
Memory and storage chip giant Micron Technology Inc. (NYSE: MU) stock has fallen (-46%) in 2022. Dynamic random access memory (DRAM) chip demand has been weak.
June 3, 2023 | UNKNOWN (Ad)
This NASDAQ Stock Is The Amazon Of Medical Supply
This Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More Now
May 31, 2023 | marketbeat.com
Don’t Discount The AI Potential Of Ambarella; Buy On The Dip  (AMD)
Ambarella's Q1 results and guidance were insufficient to spark a rally and may lead to range-bound trading in 2023 despite the shift to AI.
May 30, 2023 | marketbeat.com
Taiwan Semiconductor Well Positioned for the AI Rush (AMD)
TSM plays a vital role in the chip industry. With advanced manufacturing and major partnerships, it's posed to benefit from AI-driven chip demand.
May 30, 2023 | marketbeat.com
Workday: Another AI Winner Melting-Up  (AMD)
Workday is an old hat in the world of AI and has been leading the market for some time: the Q1 results were good and have the analysts driving the stock higher.
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.
June 3, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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.
June 3, 2023 | finance.yahoo.com
10 Stocks Jim Cramer Is Talking About Right Now
June 2, 2023 | americanbankingnews.com
Bank of America Raises Advanced Micro Devices (NASDAQ:AMD) Price Target to $135.00
June 1, 2023 | finance.yahoo.com
Advanced Micro (AMD) Up 44.8% Since Last Earnings Report: Can It Continue?
June 1, 2023 | seekingalpha.com
AMD: Opportunities In Generative AI And Accelerated Computing
June 1, 2023 | seekingalpha.com
AMD: It Is Getting Harder And Harder To Compete
June 1, 2023 | finance.yahoo.com
Should You Invest in Advanced Micro Devices (AMD)?
June 1, 2023 | finance.yahoo.com
Should AMD Investors Be Worried About Nvidia's AI Success?
June 1, 2023 | finance.yahoo.com
3 Best Cloud Stocks to Buy in June
June 1, 2023 | americanbankingnews.com
Insider Selling: Advanced Micro Devices, Inc. (NASDAQ:AMD) EVP Sells 25,000 Shares of Stock
May 31, 2023 | investorplace.com
Are Insiders Giving Up on Advanced Micro Devices (AMD) Stock?
May 30, 2023 | msn.com
Advanced Micro Devices Unusual Options Activity For May 30
May 30, 2023 | finance.yahoo.com
HP Sales Miss Estimates, But Sees Boost Ahead From New Line of AI-Focused PCs
May 30, 2023 | seekingalpha.com
AMD: Better Growth Runway Than Other Competitors
May 30, 2023 | seekingalpha.com
AMD: Don't Kid Yourself, This Is The Time To Sell (Rating Downgrade)
May 30, 2023 | finance.yahoo.com
The 'Magnificent Seven' tech stocks drive markets higher as AI mania grips investors
See More Headlines

AMD Price History

AMD Company Calendar

Last Earnings
5/02/2023
Today
6/03/2023
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
$97.69
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
-17.1%
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
512.43
Forward P/E Ratio
54.31
P/E Growth
9.03
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
$23.07 billion
Price / Sales
8.23
Cash Flow
$5.60 per share
Price / Cash Flow
21.04
Book Value
$33.96 per share
Price / Book
3.47

Miscellaneous

Outstanding Shares
1,610,362,000
Free Float
1,598,606,000
Market Cap
$189.80 billion
Optionable
Optionable
Beta
1.92

Social Links


Key Executives

  • Lisa T. SuLisa 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. PapermasterMark 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 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 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 targets for Advanced Micro Devices' stock. Their AMD share price forecasts range from $60.00 to $135.00. On average, they expect the company's stock price to reach $97.69 in the next twelve months. This suggests that the stock has a possible downside of 17.1%.
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 beginning of the year. Since then, AMD shares have increased by 82.0% and is now trading at $117.86.
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 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) posted its quarterly earnings results on Tuesday, May, 2nd. The semiconductor manufacturer reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 1.71% and a trailing twelve-month return on equity of 7.19%. The company's quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 issued an update on 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 variety of retail and institutional 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 $117.86.

How much money does Advanced Micro Devices make?

Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $189.80 billion and generates $23.07 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 6/3/2023 by MarketBeat.com Staff

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