Advanced Micro Devices - AMD Stock Forecast, Price & News

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of research analyst reports. Mizuho lowered their price target on Advanced Micro Devices from $145.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, August 3rd. Morgan Stanley dropped their target price on shares of Advanced Micro Devices from $103.00 to $101.00 and set an "overweight" rating on the stock in a report on Tuesday, August 2nd. KeyCorp decreased their price target on shares of Advanced Micro Devices from $150.00 to $130.00 and set an "overweight" rating for the company in a report on Tuesday, July 12th. Benchmark increased their price objective on shares of Advanced Micro Devices from $125.00 to $135.00 and gave the stock a "buy" rating in a research note on Friday, June 10th. Finally, Barclays decreased their target price on Advanced Micro Devices from $115.00 to $85.00 and set an "equal weight" rating for the company in a research note on Monday, July 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.93.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $99.05 on Thursday. Advanced Micro Devices has a 52 week low of $71.60 and a 52 week high of $164.46. The company has a current ratio of 2.44, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The company's 50-day moving average price is $88.34 and its two-hundred day moving average price is $99.72. The stock has a market cap of $159.90 billion, a PE ratio of 41.62, a price-to-earnings-growth ratio of 0.94 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD - Get Rating) last released its earnings results on Tuesday, August 2nd. The semiconductor manufacturer reported $1.05 EPS for the quarter, beating the consensus estimate of $1.03 by $0.02. Advanced Micro Devices had a net margin of 14.51% and a return on equity of 15.17%. During the same quarter last year, the firm earned $0.58 earnings per share. As a group, sell-side analysts anticipate that Advanced Micro Devices will post 3.91 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 32,694 shares of the business's stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $76.99, for a total transaction of $2,517,111.06. Following the sale, the executive vice president now directly owns 37,800 shares of the company's stock, valued at approximately $2,910,222. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Devinder Kumar sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $102.44, for a total transaction of $2,048,800.00. Following the transaction, the chief financial officer now owns 504,370 shares of the company's stock, valued at $51,667,662.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 32,694 shares of the business's stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $76.99, for a total transaction of $2,517,111.06. Following the completion of the sale, the executive vice president now directly owns 37,800 shares of the company's stock, valued at $2,910,222. The disclosure for this sale can be found here. Insiders sold a total of 81,660 shares of company stock valued at $7,462,511 in the last three months. 1.00% of the stock is currently owned by corporate insiders.