NASDAQ:AMD

Advanced Micro Devices - AMD Stock Forecast, Price & News

$63.36

-0.78 (-1.22%)

(As of 09/30/2022 09:00 PM ET)

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Today's Range: $63.34
▼
$65.91
50-Day Range: $63.36
▼
$103.91
52-Week Range: $62.83
▼
$164.46

Volume: 81.66 million shs
Average Volume: 96.56 million shs
Market Capitalization: $102.28 billion

P/E Ratio: 26.62
Dividend Yield: N/A
Price Target: $124.27

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 96.1% Upside
$124.27 Price Target
Short Interest: Healthy
1.92% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.70
Based on 25 Articles This Week
Insider Trading: Selling Shares
$15.38 M Sold Last Quarter
Proj. Earnings Growth: 10.88%
From $3.86 to $4.28 Per Share

Overall MarketRank^™

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

3.12 out of 5 stars

Computer And Technology Sector

50th out of 652 stocks

Semiconductors & Related Devices Industry

9th out of 97 stocks

4.4

Analyst's Opinion

Consensus Rating
Advanced Micro Devices has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 22 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $124.27, Advanced Micro Devices has a forecasted upside of 96.1% from its current price of $63.36.
Amount of Analyst Coverage
Advanced Micro Devices has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.92% 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 0.4, 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 0.06%, indicating that investor sentiment is decreasing.

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.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Advanced Micro Devices has received a 9.54% net impact score from Upright. Advanced Micro Devices seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Multi-core processors", "Graphics processing units", and "General purpose microprocessors" products. See details.
Environmental Sustainability
The Environmental Impact score for Advanced Micro Devices is -1.65.

2.6

News and Social Media Coverage

News Sentiment
Advanced Micro Devices has a news sentiment score of 0.70. 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 is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 25 news articles for Advanced Micro Devices this week, compared to 17 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 43 reddit mentions for Advanced Micro Devices this week, compared to 55 mentions on an average week.
Search Interest
Only 521 people have searched for AMD on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
MarketBeat Follows
Only 143 people have added Advanced Micro Devices to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% 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 $15,378,612.00 in company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Advanced Micro Devices is held by insiders.
Percentage Held by Institutions
65.45% 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.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Advanced Micro Devices are expected to grow by 10.88% in the coming year, from $3.86 to $4.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Advanced Micro Devices is 26.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Advanced Micro Devices is 26.62, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 370.10.
Price to Earnings Growth Ratio
Advanced Micro Devices has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Advanced Micro Devices has a P/B Ratio of 10.14. 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.

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AMD Stock News Headlines

September 23, 2022 | marketbeat.com

MarketBeat: Week in Review 9/19 – 9/23 (AMD)

The sell-off in the market confirms that the global economy is slowing. What should you do? Here are some insights our analysts delivered for you this week

September 20, 2022 | marketbeat.com

Has AMD stock stock fallen too far?

AMD's stock may be trading at a significant discount, and fears of a slowdown may be overblown by the market, providing an entry point for investors.

September 6, 2022 | marketbeat.com

When Will the Hangover Finally Be Over for Seagate Technology? (AMD)

Data storage solutions giant Seagate Technology (NYSE: STX) issued its second earnings guidance cut in five weeks as macroeconomic shifts struck fast and hard.

October 2, 2022 | americanbankingnews.com

Research Analysts Offer Predictions for Advanced Micro Devices, Inc.'s Q1 2024 Earnings (NASDAQ:AMD)

October 1, 2022 | benzinga.com

Why AMD Shares Fell Sharply This Week

September 30, 2022 | finance.yahoo.com

Stocks moving in after hours: FedEx, Nvidia, Intel, AMD, Biogen

September 30, 2022 | finance.yahoo.com

Is AMD Stock a Buy Now?

September 29, 2022 | seekingalpha.com

Advanced Micro Devices slips even as Susquehanna says it's gaining share in a weak PC market

September 28, 2022 | finance.yahoo.com

Intel: Value Stock or Value Trap?

September 28, 2022 | finance.yahoo.com

12 Biggest Computer Hardware Companies in the World

September 28, 2022 | finance.yahoo.com

Intel exec on its turnaround: ‘We’ve got to build back that customer trust’

September 28, 2022 | stocknews.com

3 Semiconductor Stocks to Buy Right Now and 2 to Sell

September 28, 2022 | msn.com

Advanced Micro Devices Stock Is Trading at a Discount of 90% to Consensus Estimates

September 27, 2022 | realmoney.thestreet.com

AMD's Prices Are Micro Now, Too

September 27, 2022 | finance.yahoo.com

AMD Is My Top Tech Stock Buy Right Now

September 27, 2022 | finance.yahoo.com

AMD Launches Ryzen Embedded V3000 Series Processors Delivering New Levels of Performance and Power Efficiency for “Always-On” Storage and Networking

September 27, 2022 | finance.yahoo.com

10 Best Small-Cap Semiconductor Stocks to Buy Now

September 26, 2022 | msn.com

Advanced Micro Devices Whale Trades For September 26

September 26, 2022 | finance.yahoo.com

These weird economic times demand investor attention: Morning Brief

September 25, 2022 | finance.yahoo.com

With Advanced Micro Devices, Inc.'s (NASDAQ:AMD)) price down 11% this week, insiders might find some solace having sold US$4.1m worth of shares earlier this year.

September 24, 2022 | fool.com

Advanced Micro Devices (NASDAQ: AMD)

September 24, 2022 | americanbankingnews.com

Advanced Micro Devices (NASDAQ:AMD) Hits New 52-Week Low at $71.24

September 24, 2022 | americanbankingnews.com

Advanced Micro Devices (NASDAQ:AMD) Price Target Cut to $95.00 by Analysts at Morgan Stanley

September 23, 2022 | finance.yahoo.com

Tech valuations have come down to 'pretty reasonable' levels, Slack founder says

September 23, 2022 | benzinga.com

Thinking about trading options or stock in Advanced Micro Devices, Tesla, Hershey, Merck, or Exxon Mobil?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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AMD Company Calendar

Last Earnings: 8/02/2022
Today: 10/02/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

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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: 15,500
Year Founded: 1969

Price Target and Rating

Average Stock Price Forecast: $124.27
High Stock Price Forecast: $200.00
Low Stock Price Forecast: $85.00
Forecasted Upside/Downside: +96.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 30 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 26.62
Forward P/E Ratio: 16.41
P/E Growth: 0.62
Net Income: $3.16 billion
Net Margins: 14.51%
Pretax Margin: 16.68%
Return on Equity: 15.17%
Return on Assets: 12.02%

Debt

Debt-to-Equity Ratio: 0.04
Current Ratio: 2.44
Quick Ratio: 1.96

Sales & Book Value

Annual Sales: $16.43 billion
Price / Sales: 6.22
Cash Flow: $2.97 per share
Price / Cash Flow: 21.35
Book Value: $6.25 per share
Price / Book: 10.14

Miscellaneous

Outstanding Shares: 1,614,321,000
Free Float: 1,598,178,000
Market Cap: $102.28 billion
Optionable: Optionable
Beta: 1.97

Social Links

Key Executives

Lisa T. Su
Chairman, President & Chief Executive Officer

Keivan Keshvari
Senior Vice President-Global Operations

Devinder Kumar
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 research analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 7 hold ratings, 22 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 2022?: 30 brokerages have issued twelve-month price objectives for Advanced Micro Devices' stock. Their AMD share price forecasts range from $85.00 to $200.00. On average, they expect the company's share price to reach $124.27 in the next twelve months. This suggests a possible upside of 96.1% 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 2022?: Advanced Micro Devices' stock was trading at $143.90 at the beginning of the year. Since then, AMD shares have decreased by 56.0% and is now trading at $63.36.
View the best growth stocks for 2022 here.
When is Advanced Micro Devices' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our AMD earnings forecast.
How were Advanced Micro Devices' earnings last quarter?: Advanced Micro Devices, Inc. (NASDAQ:AMD) released its quarterly earnings data on Tuesday, August, 2nd. The semiconductor manufacturer reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.94 by $0.03. The semiconductor manufacturer had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.52 billion. Advanced Micro Devices had a net margin of 14.51% and a trailing twelve-month return on equity of 15.17%. During the same period last year, the company earned $0.58 earnings per share.
Read the conference call transcript.
What guidance has Advanced Micro Devices issued on next quarter's earnings?: Advanced Micro Devices updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.50 billion-$6.90 billion, compared to the consensus revenue estimate of $6.82 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."
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 $63.36.
How much money does Advanced Micro Devices make?: Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $102.28 billion and generates $16.43 billion in revenue each year. The semiconductor manufacturer earns $3.16 billion in net income (profit) each year or $2.38 on an earnings per share basis.
How many employees does Advanced Micro Devices have?: The company employs 15,500 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 10/3/2022 by MarketBeat.com Staff

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Advanced Micro Devices - AMD Stock Forecast, Price & News

Advanced Micro Devices MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Advanced Micro Devices (NASDAQ:AMD) Stock

AMD Stock News Headlines

AMD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

AMD Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™