NASDAQ:AMD

Advanced Micro Devices - AMD Stock Forecast, Price & News

$75.14

-1.26 (-1.65%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $74.75
▼
$76.04
50-Day Range: $55.94
▼
$76.77
52-Week Range: $54.57
▼
$164.46

Volume: 26.02 million shs
Average Volume: 81.06 million shs
Market Capitalization: $121.15 billion

P/E Ratio: 44.99
Dividend Yield: N/A
Price Target: $99.88

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.79 Rating Score
Upside/Downside: 32.9% Upside
$99.88 Price Target
Short Interest: Healthy
2.04% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.03
Upright™ Environmental Score
News Sentiment: 1.00
Based on 10 Articles This Week
Insider Trading: Selling Shares
$598,916 Sold Last Quarter
Proj. Earnings Growth: -5.72%
From $2.97 to $2.80 Per Share

Overall MarketRank^™

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

2.76 out of 5 stars

Computer And Technology Sector

83rd out of 633 stocks

Semiconductors & Related Devices Industry

9th out of 95 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 2.79, and is based on 24 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $99.88, Advanced Micro Devices has a forecasted upside of 32.9% from its current price of $75.14.
Amount of Analyst Coverage
Advanced Micro Devices has been the subject of 24 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.04% 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 decreased by 13.16%, indicating that investor sentiment is improving significantly.

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.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Advanced Micro Devices has received a -17.08% net impact score from Upright. Advanced Micro Devices uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Scarce natural resources". The negative contribution in the "GHG emissions" impact category seems to be driven mostly 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 -2.03.

2.8

News and Social Media Coverage

News Sentiment
Advanced Micro Devices has a news sentiment score of 1.00. 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 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Advanced Micro Devices this week, compared to 18 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 6 reddit mentions for Advanced Micro Devices this week, compared to 37 mentions on an average week.
Search Interest
Only 469 people have searched for AMD on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
MarketBeat Follows
130 people have added Advanced Micro Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 4% 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 $598,916.00 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Advanced Micro Devices are expected to decrease by -5.72% in the coming year, from $2.97 to $2.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Advanced Micro Devices is 44.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Advanced Micro Devices is 44.99, 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 401.44.
Price to Earnings Growth Ratio
Advanced Micro Devices has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Advanced Micro Devices has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued 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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