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.

Advanced Micro Devices Price Performance

Shares of AMD Stock opened at $98.27 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.44 and a quick ratio of 1.96. The company has a market capitalization of $158.64 billion, a PE ratio of 41.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.96. The firm's 50-day moving average is $87.72 and its two-hundred day moving average is $99.39. Advanced Micro Devices has a 12 month low of $71.60 and a 12 month high of $164.46.

Advanced Micro Devices (NASDAQ:AMD - Get Rating) last released its quarterly earnings data on Tuesday, August 2nd. The semiconductor manufacturer reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.02. Advanced Micro Devices had a return on equity of 15.17% and a net margin of 14.51%. During the same period in the previous year, the firm earned $0.58 EPS. Analysts predict that Advanced Micro Devices will post 3.9 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Susquehanna decreased their target price on shares of Advanced Micro Devices from $140.00 to $120.00 and set a "positive" rating for the company in a research report on Wednesday, July 13th. Cowen dropped their target price on Advanced Micro Devices from $160.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday, July 12th. Northland Securities boosted their price target on Advanced Micro Devices from $95.00 to $105.00 and gave the company an "outperform" rating in a report on Wednesday, August 3rd. Cowen dropped their price objective on shares of Advanced Micro Devices from $160.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 12th. Finally, Citigroup decreased their target price on shares of Advanced Micro Devices from $110.00 to $96.00 and set a "neutral" rating for the company in a research note on Wednesday, August 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $125.93.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CFO Devinder Kumar sold 20,000 shares of the stock in a transaction dated 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 completion of 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 at this link. In other Advanced Micro Devices news, CFO Devinder Kumar sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $102.44, for a total value of $2,048,800.00. Following the sale, 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 filing with the SEC, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 32,694 shares of the company's stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of $76.99, for a total value of $2,517,111.06. Following the transaction, the executive vice president now owns 37,800 shares in the company, valued at $2,910,222. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.