Followed 140 TimesTop Followed Most-Upgraded StocksMost-Upgraded Searched 612 TimesTop Searched

NASDAQ:AMD

Advanced Micro Devices (AMD) Stock Forecast, Price & News

$117.86

-1.61 (-1.35%)

(As of 06/2/2023 ET)

Compare

Today's Range: $117.68
▼
$121.66
50-Day Range: $81.62
▼
$127.03
52-Week Range: $54.57
▼
$130.79

Volume: 52.38 million shs
Average Volume: 73.37 million shs
Market Capitalization: $189.80 billion

P/E Ratio: 512.43
Dividend Yield: N/A
Price Target: $97.69

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 17.1% Downside
$97.69 Price Target
Short Interest: Healthy
2.08% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.09
Upright™ Environmental Score
News Sentiment: 0.64
Based on 27 Articles This Week
Insider Trading: Selling Shares
$13.46 M Sold Last Quarter
Proj. Earnings Growth: 52.53%
From $2.17 to $3.31 Per Share

Overall MarketRank^™

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

2.20 out of 5 stars

Computer And Technology Sector

227th out of 609 stocks

Semiconductors & Related Devices Industry

35th out of 89 stocks

2.4

Analyst's Opinion

Consensus Rating
Advanced Micro Devices has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 20 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $97.69, Advanced Micro Devices has a forecasted downside of 17.1% from its current price of $117.86.
Amount of Analyst Coverage
Advanced Micro Devices has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.08% 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 0.5, 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 increased by 20.82%, indicating that investor sentiment is decreasing 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.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Advanced Micro Devices has received a 13.75% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Microprocessors", "Graphics processing units", and "Chipsets" products. See details.
Environmental Sustainability
The Environmental Impact score for Advanced Micro Devices is -2.09.

3.1

News and Social Media Coverage

News Sentiment
Advanced Micro Devices has a news sentiment score of 0.64. 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 0.52 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 27 news articles for Advanced Micro Devices this week, compared to 19 articles on an average week.
Search Interest
Only 578 people have searched for AMD on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
MarketBeat Follows
137 people have added Advanced Micro Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 43% 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 $13,458,710.00 in company stock.
Percentage Held by Insiders
Only 0.73% of the stock of Advanced Micro Devices is held by insiders.
Percentage Held by Institutions
67.17% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Advanced Micro Devices are expected to grow by 52.53% in the coming year, from $2.17 to $3.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Advanced Micro Devices is 512.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 121.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Advanced Micro Devices is 512.43, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 304.95.
Price to Earnings Growth Ratio
Advanced Micro Devices has a PEG Ratio of 8.91. 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 3.47. P/B Ratios above 3 indicate that a company could be overvalued 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.

Receive AMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Advanced Micro Devices and its competitors with MarketBeat's FREE daily newsletter.

AMD Stock News Headlines

May 31, 2023 | marketbeat.com

How Do Chipmakers Stack Up When it Comes to Growth? (AMD)

Gone are the days when semiconductor stocks were riding high on demand for electronics gear. These companies face similar issues, but also diverge in some ways.

May 31, 2023 | marketbeat.com

Micron Technology Sees Chip Recovery by the End of 2023 (AMD)

Memory and storage chip giant Micron Technology Inc. (NYSE: MU) stock has fallen (-46%) in 2022. Dynamic random access memory (DRAM) chip demand has been weak.

June 4, 2023 | Stocks To Trade (Ad)

15 A.I. Trading Opportunities a Day

Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.

May 31, 2023 | marketbeat.com

Don’t Discount The AI Potential Of Ambarella; Buy On The Dip (AMD)

Ambarella's Q1 results and guidance were insufficient to spark a rally and may lead to range-bound trading in 2023 despite the shift to AI.

May 30, 2023 | marketbeat.com

Taiwan Semiconductor Well Positioned for the AI Rush (AMD)

TSM plays a vital role in the chip industry. With advanced manufacturing and major partnerships, it's posed to benefit from AI-driven chip demand.

May 30, 2023 | marketbeat.com

Workday: Another AI Winner Melting-Up (AMD)

Workday is an old hat in the world of AI and has been leading the market for some time: the Q1 results were good and have the analysts driving the stock higher.

May 24, 2023 | marketbeat.com

Axcelis Stock In Buy Range After Chart Breakout, Strong Guidance (AMD)

Axcelis Technologies has been growing revenue and earnings, and recently broke out of a chart consolidation. Strong Q1 results spurred institutional buying

May 23, 2023 | marketbeat.com

Will Dividends Take Center Stage In The Second Half Of 2023? (AMD)

The NYSE Composite's sideways trade since early 2021 could be a warning sign, suggesting that a shift toward dividend strategies may be prudent.

June 4, 2023 | Altimetry (Ad)

Pentagon Consultant—Here's how Biden Wins Landslide Re-election

—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,

May 22, 2023 | marketbeat.com

Don’t Get Burned By The AI Boom

AI is booming and sustaining business for tech companies, but investors should not expect another period of wild growth: AI is the natural evolution of tech.

May 22, 2023 | marketbeat.com

Will The Breakout in VanEck Semiconductor ETF Continue? (AMD)

Last week's breakout in VanEck Semiconductor ETF was nothing short of impressive. Should participants take their foot off the gas or continue to buy?

May 19, 2023 | marketbeat.com

Why You Should Consider Buying Nvidia Ahead Of Earnings (AMD)

While the broader semiconductor industry has also rebounded since last October, Nvidia has eclipsed the performance of its closest competitors.

June 3, 2023 | finance.yahoo.com

10 Stocks Jim Cramer Is Talking About Right Now

June 2, 2023 | americanbankingnews.com

Bank of America Raises Advanced Micro Devices (NASDAQ:AMD) Price Target to $135.00

June 1, 2023 | finance.yahoo.com

Advanced Micro (AMD) Up 44.8% Since Last Earnings Report: Can It Continue?

June 1, 2023 | seekingalpha.com

AMD: Opportunities In Generative AI And Accelerated Computing

June 1, 2023 | seekingalpha.com

AMD: It Is Getting Harder And Harder To Compete

June 1, 2023 | finance.yahoo.com

Should You Invest in Advanced Micro Devices (AMD)?

June 1, 2023 | finance.yahoo.com

Should AMD Investors Be Worried About Nvidia's AI Success?

June 1, 2023 | finance.yahoo.com

3 Best Cloud Stocks to Buy in June

June 1, 2023 | americanbankingnews.com

Insider Selling: Advanced Micro Devices, Inc. (NASDAQ:AMD) EVP Sells 25,000 Shares of Stock

May 31, 2023 | investorplace.com

Are Insiders Giving Up on Advanced Micro Devices (AMD) Stock?

May 30, 2023 | msn.com

Advanced Micro Devices Unusual Options Activity For May 30

May 30, 2023 | finance.yahoo.com

HP Sales Miss Estimates, But Sees Boost Ahead From New Line of AI-Focused PCs

May 30, 2023 | seekingalpha.com

AMD: Better Growth Runway Than Other Competitors

May 30, 2023 | seekingalpha.com

AMD: Don't Kid Yourself, This Is The Time To Sell (Rating Downgrade)

May 30, 2023 | finance.yahoo.com

The 'Magnificent Seven' tech stocks drive markets higher as AI mania grips investors

See More Headlines

AMD Price History

30 days | 90 days | 365 days | Advanced Chart

AMD Company Calendar

Last Earnings: 5/02/2023
Today: 6/04/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:AMD
CUSIP: N/A
CIK: 2488
Web: www.amd.com
Phone: (408) 749-4000
Fax: 408-982-6164
Employees: 25,000
Year Founded: 1969

Price Target and Rating

Average Stock Price Forecast: $97.69
High Stock Price Forecast: $135.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: -17.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 30 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.23
Trailing P/E Ratio: 512.43
Forward P/E Ratio: 54.31
P/E Growth: 9.03
Net Income: $1.32 billion
Net Margins: 1.71%
Pretax Margin: 0.70%
Return on Equity: 7.19%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 2.38
Quick Ratio: 1.74

Sales & Book Value

Annual Sales: $23.07 billion
Price / Sales: 8.23
Cash Flow: $5.60 per share
Price / Cash Flow: 21.04
Book Value: $33.96 per share
Price / Book: 3.47

Miscellaneous

Outstanding Shares: 1,610,362,000
Free Float: 1,598,606,000
Market Cap: $189.80 billion
Optionable: Optionable
Beta: 1.92

Social Links

Key Executives

Lisa T. Su
Chairman, President & Chief Executive Officer

Keivan Keshvari
Senior Vice President-Global Operations

Jean X. Hu
Chief Financial Officer, Treasurer & Executive VP

Mark D. Papermaster
CTO, Executive VP-Technology & Engineering

Hasmukh Ranjan
Chief Information Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMD Stock - Frequently Asked Questions

Should I buy or sell Advanced Micro Devices stock right now?: 30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMD shares.
View AMD analyst ratings or view top-rated stocks.
What is Advanced Micro Devices' stock price forecast for 2023?: 30 brokerages have issued 1-year price objectives for Advanced Micro Devices' stock. Their AMD share price forecasts range from $60.00 to $135.00. On average, they anticipate the company's share price to reach $97.69 in the next year. This suggests that the stock has a possible downside of 17.1%.
View analysts price targets for AMD or view top-rated stocks among Wall Street analysts.
How have AMD shares performed in 2023?: Advanced Micro Devices' stock was trading at $64.77 at the beginning of 2023. Since then, AMD stock has increased by 82.0% and is now trading at $117.86.
View the best growth stocks for 2023 here.
Are investors shorting Advanced Micro Devices?: Advanced Micro Devices saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 33,490,000 shares, an increase of 20.8% from the April 30th total of 27,720,000 shares. Based on an average daily trading volume, of 64,390,000 shares, the short-interest ratio is presently 0.5 days.
View Advanced Micro Devices' Short Interest.
When is Advanced Micro Devices' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our AMD earnings forecast.
How were Advanced Micro Devices' earnings last quarter?: Advanced Micro Devices, Inc. (NASDAQ:AMD) issued its earnings results on Tuesday, May, 2nd. The semiconductor manufacturer reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.04. The semiconductor manufacturer earned $5.35 billion during the quarter, compared to analyst estimates of $5.31 billion. Advanced Micro Devices had a trailing twelve-month return on equity of 7.19% and a net margin of 1.71%. The firm's revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.02 EPS.
Read the conference call transcript.
What ETFs hold Advanced Micro Devices' stock?: ETFs with the largest weight of Advanced Micro Devices (NASDAQ:AMD) stock in their portfolio include AXS Esoterica Nextg Economy ETF (WUGI), Simplify Volt RoboCar Disruption and Tech ETF (VCAR), Invesco PHLX Semiconductor ETF (SOXQ), AOT Growth & Innovation ETF (AOTG), VanEck Video Gaming and eSports ETF (ESPO), iShares Semiconductor ETF (SOXX), Defiance Next Gen Connectivity ETF (FIVG) and TrueShares Technology, AI & Deep Learning ETF (LRNZ).
What guidance has Advanced Micro Devices issued on next quarter's earnings?: Advanced Micro Devices updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.00 billion-$5.60 billion, compared to the consensus revenue estimate of $5.49 billion.

What is Dr. Lisa Su's approval rating as Advanced Micro Devices' CEO?: 1,032 employees have rated Advanced Micro Devices Chief Executive Officer Dr. Lisa Su on Glassdoor.com. Dr. Lisa Su has an approval rating of 99% among the company's employees. This puts Dr. Lisa Su in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at Advanced Micro Devices to a friend.
What other stocks do shareholders of Advanced Micro Devices own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Block (SQ), Walt Disney (DIS), QUALCOMM (QCOM) and PayPal (PYPL).
What is Advanced Micro Devices' stock symbol?: Advanced Micro Devices trades on the NASDAQ under the ticker symbol "AMD."
Who are Advanced Micro Devices' major shareholders?: Advanced Micro Devices' stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.04%), Price T Rowe Associates Inc. MD (3.43%), FMR LLC (3.24%), Geode Capital Management LLC (1.84%), Fisher Asset Management LLC (1.64%) and Wellington Management Group LLP (1.26%). Insiders that own company stock include Darla M Smith, Darla M Smith, Devinder Kumar, Douglas N Comings, Forrest Eugene Norrod, John Edward Caldwell, Lisa T Su, Lisa T Su, Mark D Papermaster, Nora Denzel, Paul Darren Grasby and Rick Bergman.
View institutional ownership trends.
How do I buy shares of Advanced Micro Devices?: Shares of AMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Advanced Micro Devices' stock price today?: One share of AMD stock can currently be purchased for approximately $117.86.
How much money does Advanced Micro Devices make?: Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $189.80 billion and generates $23.07 billion in revenue each year. The semiconductor manufacturer earns $1.32 billion in net income (profit) each year or $0.23 on an earnings per share basis.
How many employees does Advanced Micro Devices have?: The company employs 25,000 workers across the globe.
Does Advanced Micro Devices have any subsidiaries?: The following companies are subsidiares of Advanced Micro Devices: 1252986 Alberta ULC, AMD (EMEA) LTD., AMD Advanced Micro Devices Israel Ltd., AMD Advanced Research LLC, AMD Corporation, AMD Far East Ltd., AMD India Private Limited, AMD International Sales & Service Ltd., AMD Japan Ltd., AMD Latin America Ltd., AMD Products (China) Co. Ltd, AMD South America LTDA, AMD Technology Development (Beijing) Co. Ltd., ATI International SRL, ATI Technologies (Bermuda) Limited, ATI Technologies (L) Inc., ATI Technologies Inc, ATI Technologies ULC, Advanced Micro Devices (China) Co. Ltd., Advanced Micro Devices (Shanghai) Co. Ltd., Advanced Micro Devices (Singapore) Pte. Ltd., Advanced Micro Devices (U.K.) Limited, Advanced Micro Devices AB, Advanced Micro Devices Belgium N.V., Advanced Micro Devices Global Services (M) Sdn. Bhd., Advanced Micro Devices GmbH, Advanced Micro Devices Malaysia Ltd., Advanced Micro Devices S.A.S., Advanced Micro Devices S.p.A., Advanced Micro Devices Sdn. Bhd., Alchemy Semiconductor, Chengdu Haiguang Microelectronics Technology Co. Ltd., HiAlgo, HiAlgo Inc., Nitero Inc., SeaMicro, SeaMicro Inc., and Xilinx.
Read More
How can I contact Advanced Micro Devices?: Advanced Micro Devices' mailing address is 2485 AUGUSTINE DRIVE, SANTA CLARA CA, 95054. The official website for the company is www.amd.com. The semiconductor manufacturer can be reached via phone at (408) 749-4000, via email at investor.relations@amd.com, or via fax at 408-982-6164.

This page (NASDAQ:AMD) was last updated on 6/4/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Advanced Micro Devices (AMD) Stock Forecast, Price & News

Advanced Micro Devices MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Advanced Micro Devices (NASDAQ:AMD) Stock

AMD Stock News Headlines

AMD Price History

AMD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

AMD Stock - Frequently Asked Questions

Overall MarketRank^™