NASDAQ:AMD - Advanced Micro Devices Stock Price, Forecast & News

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

Advanced Micro Devices, Inc. (NASDAQ:AMD) released its quarterly earnings data on Tuesday, January, 28th. The semiconductor manufacturer reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.06. The semiconductor manufacturer earned $2.13 billion during the quarter, compared to the consensus estimate of $2.11 billion. Advanced Micro Devices had a return on equity of 26.22% and a net margin of 5.07%. Advanced Micro Devices's quarterly revenue was up 49.9% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Advanced Micro Devices.

Advanced Micro Devices updated its FY 2020 After-Hours earnings guidance on Tuesday, January, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8.616-8.75 billion, compared to the consensus revenue estimate of $8.59 billion.

33 equities research analysts have issued 1 year price targets for Advanced Micro Devices' stock. Their forecasts range from $8.00 to $65.00. On average, they anticipate Advanced Micro Devices' share price to reach $43.81 in the next twelve months. This suggests that the stock has a possible downside of 25.6%. View Analyst Price Targets for Advanced Micro Devices.

33 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 15 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 recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Advanced Micro Devices earned a news impact score of 0.5 on InfoTrie's scale. They also assigned news articles about the semiconductor manufacturer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 87,780,000 shares, a drop of 5.8% from the January 15th total of 93,210,000 shares. Based on an average daily volume of 53,780,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 8.4% of the company's 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), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Infineon Technologies (IFNNY), STMicroelectronics (STM), Microchip Technology (MCHP), Kyocera (KYOCY), Xilinx (XLNX), Skyworks Solutions (SWKS) and Maxim Integrated Products (MXIM).

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), Tesla (TSLA), Bank of America (BAC), Walt Disney (DIS), Square (SQ) and Cisco Systems (CSCO).

Advanced Micro Devices' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital World Investors (2.43%), Artisan Partners Limited Partnership (1.68%), Wealth Quarterback LLC (0.68%), Charles Schwab Investment Management Inc. (0.45%), CI Investments Inc. (0.42%) and Renaissance Technologies LLC (0.39%). 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 Point72 Asset Management L.P., Alliancebernstein L.P., First Trust Advisors LP, Artisan Partners Limited Partnership, Commerzbank Aktiengesellschaft FI, Tairen Capital Ltd, Toronto Dominion Bank and Apertura Capital LLC. 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, Nora Denzel and Paul Darren Grasby. View Insider Buying and Selling for Advanced Micro Devices.

AMD stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Wealth Quarterback LLC, GQG Partners LLC, Renaissance Technologies LLC, William Blair Investment Management LLC, Assenagon Asset Management S.A., Russell Investments Group Ltd. and AXA. 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 $58.90.

Advanced Micro Devices has a market capitalization of $68.89 billion and generates $6.73 billion in revenue each year. The semiconductor manufacturer earns $341 million in net income (profit) each year or $0.48 on an earnings per share basis. Advanced Micro Devices employs 11,400 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]