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, October, 29th. The semiconductor manufacturer reported $0.18 EPS for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.04. The semiconductor manufacturer earned $1.80 billion during the quarter, compared to analyst estimates of $1.81 billion. Advanced Micro Devices had a return on equity of 16.54% and a net margin of 3.47%. The business's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Advanced Micro Devices.

Advanced Micro Devices will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

28 brokers 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 $39.14 in the next year. This suggests that the stock has a possible downside of 23.2%. View Analyst Price Targets for Advanced Micro Devices.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 1 sell rating, 14 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

Media stories about AMD stock have trended very negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Advanced Micro Devices earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the semiconductor manufacturer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 93,210,000 shares, a drop of 5.3% from the December 15th total of 98,380,000 shares. Based on an average trading volume of 53,030,000 shares, the short-interest ratio is currently 1.8 days. Approximately 8.9% of the company's stock are sold short. 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), Microchip Technology (MCHP), Kyocera (KYOCY), Xilinx (XLNX), STMicroelectronics (STM), 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 Scout Investments Inc. (0.08%), Assenagon Asset Management S.A. (0.07%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Grassi Investment Management (0.01%). 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 Scout Investments Inc., DNB Asset Management AS, State of Alaska Department of Revenue, New England Research & Management Inc., Viking Fund Management LLC, IFM Investors Pty Ltd, Wedbush Securities Inc. and Coastline Trust Co. 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., JCIC Asset Management Inc., Gateway Investment Advisers LLC, IFP Advisors Inc, Meridian Wealth Management LLC, Grassi Investment Management, Nisa Investment Advisors LLC and Nadler Financial Group Inc.. 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 $50.94.

Advanced Micro Devices has a market capitalization of $56.73 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]