Advanced Micro Devices Stock Price, News & 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, July, 30th. The semiconductor manufacturer reported $0.08 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.08. The semiconductor manufacturer had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.52 billion. Advanced Micro Devices had a net margin of 3.25% and a return on equity of 16.04%. The business's revenue for the quarter was down 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Advanced Micro Devices.

Advanced Micro Devices will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Advanced Micro Devices updated its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.75-1.85 billion, compared to the consensus revenue estimate of $1.95 billion.

26 Wall Street analysts have issued 1-year price objectives for Advanced Micro Devices' shares. Their predictions range from $8.00 to $44.00. On average, they expect Advanced Micro Devices' stock price to reach $31.61 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for Advanced Micro Devices.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 1 sell rating, 17 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

Media stories about AMD stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Advanced Micro Devices earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 152,740,000 shares, an increase of 21.1% from the August 30th total of 126,170,000 shares. Based on an average daily trading volume, of 59,290,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 15.0% 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 Texas Instruments (TXN), NVIDIA (NVDA), Broadcom (AVGO), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Xilinx (XLNX), Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), STMicroelectronics (STM), Maxim Integrated Products (MXIM) and Marvell Technology Group (MRVL).

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), Square (SQ), Tesla (TSLA), General Electric (GE) and Cisco Systems (CSCO).

Advanced Micro Devices' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.21%), Scout Investments Inc. (0.13%), Varma Mutual Pension Insurance Co (0.04%), Gateway Investment Advisers LLC (0.04%), State of Alaska Department of Revenue (0.03%) and Gulf International Bank UK Ltd (0.02%). 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, Scout Investments Inc., Gateway Investment Advisers LLC, Enlightenment Research LLC, IMS Capital Management, Oakbrook Investments LLC, Stonebridge Capital Management Inc. and Meeder Asset Management Inc.. 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 Varma Mutual Pension Insurance Co, DNB Asset Management AS, State of Alaska Department of Revenue, Tributary Capital Management LLC, Pacer Advisors Inc., Gulf International Bank UK Ltd, Legacy Bridge LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $30.97.

Advanced Micro Devices has a market capitalization of $33.62 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]