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) announced its quarterly earnings data on Tuesday, January, 28th. The semiconductor manufacturer reported $0.32 earnings per share for the quarter, topping 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 revenue for the quarter was up 49.9% on a year-over-year basis. During the same period in the prior year, the company earned $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 (EPS) 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 Wall Street analysts have issued 1-year target prices for Advanced Micro Devices' shares. Their forecasts range from $8.00 to $65.00. On average, they expect Advanced Micro Devices' share price to reach $44.15 in the next twelve months. This suggests that the stock has a possible downside of 7.0%. 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, 18 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

News coverage about AMD stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Advanced Micro Devices earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 87,780,000 shares, a decline 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 presently 1.6 days. Currently, 8.4% of the shares of the stock are short sold. 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), TOKYO ELECTRON/ADR (TOELY), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), STMicroelectronics (STM), Kyocera (KYOCY), Microchip Technology (MCHP), 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 variety of of institutional and retail investors. Top institutional investors include Capital World Investors (2.43%), Artisan Partners Limited Partnership (1.68%), Geode Capital Management LLC (1.52%), Wealth Quarterback LLC (0.68%), Charles Schwab Investment Management Inc. (0.45%) and CI Investments Inc. (0.42%). 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 Aequim Alternative Investments LP, Point72 Asset Management L.P., Alliancebernstein L.P., First Trust Advisors LP, Artisan Partners Limited Partnership, Commerzbank Aktiengesellschaft FI, Tairen Capital Ltd and Toronto Dominion Bank. Company insiders that have sold Advanced Micro Devices company stock in the last year include 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 purchased 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, Geode Capital Management LLC, Assenagon Asset Management S.A. and Russell Investments Group Ltd.. 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 $47.49.

Advanced Micro Devices has a market capitalization of $55.55 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]