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) posted its quarterly earnings results on Tuesday, January, 28th. The semiconductor manufacturer reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' 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 net margin of 3.47% and a return on equity of 16.54%. The company's revenue for the quarter was up 49.9% on a year-over-year basis. During the same period last year, the firm earned $0.08 EPS. View Advanced Micro Devices' Earnings History.

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.

29 Wall Street analysts have issued 1-year price targets for Advanced Micro Devices' shares. Their forecasts range from $8.00 to $65.00. On average, they expect Advanced Micro Devices' stock price to reach $40.06 in the next year. This suggests that the stock has a possible downside of 20.7%. View Analyst Price Targets for Advanced Micro Devices.

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 1 sell rating, 15 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

Headlines about AMD stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Advanced Micro Devices earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the semiconductor manufacturer a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the next several days. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a drop in short interest in January. As of January 15th, there was short interest totalling 93,210,000 shares, a drop of 5.3% from the December 31st total of 98,380,000 shares. Based on an average daily trading volume, of 51,940,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 8.9% of the company's shares 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), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Infineon Technologies (IFNNY), STMicroelectronics (STM), Microchip Technology (MCHP), Xilinx (XLNX), Kyocera (KYOCY), Skyworks Solutions (SWKS) and Marvell Technology Group (MRVL).

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), Bank of America (BAC), Tesla (TSLA), 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 California Public Employees Retirement System (0.22%), New York State Teachers Retirement System (0.13%), Commerzbank Aktiengesellschaft FI (0.11%), Strs Ohio (0.09%), Retirement Systems of Alabama (0.08%) and Scout Investments Inc. (0.08%). 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 Commerzbank Aktiengesellschaft FI, Scout Investments Inc., Retirement Systems of Alabama, DNB Asset Management AS, Columbus Circle Investors, Waverton Investment Management Ltd, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Janney Montgomery Scott 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, Mubadala Investment Co Pjsc, 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 Assenagon Asset Management S.A., Strs Ohio, California Public Employees Retirement System, Bay Colony Advisory Group Inc d b a Bay Colony Advisors, New York State Teachers Retirement System, JCIC Asset Management Inc., Moody Lynn & Lieberson LLC and Brick & Kyle Associates. 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 $50.53.

Advanced Micro Devices has a market capitalization of $56.27 billion and generates $6.48 billion in revenue each year. The semiconductor manufacturer earns $337 million in net income (profit) each year or $0.35 on an earnings per share basis. Advanced Micro Devices employs 10,100 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]