NASDAQ:AMD - Advanced Micro Devices Stock Price, News & Analysis

Advanced Micro Devices trades on the NASDAQ under the ticker symbol "AMD."

Advanced Micro Devices, Inc. (NASDAQ:AMD) posted its quarterly earnings data on Tuesday, July, 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, meeting analysts' consensus estimates of $0.08. The semiconductor manufacturer earned $1.53 billion during the quarter, compared to analysts' expectations of $1.52 billion. Advanced Micro Devices had a net margin of 3.25% and a return on equity of 16.04%. The firm's revenue for the quarter was down 12.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 EPS. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Advanced Micro Devices.

Advanced Micro Devices issued an update on its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.75-1.85 billion, compared to the consensus revenue estimate of $1.95 billion.

27 brokerages have issued 12 month price objectives for Advanced Micro Devices' shares. Their forecasts range from $8.00 to $44.00. On average, they expect Advanced Micro Devices' stock price to reach $31.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Advanced Micro Devices.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 2 sell ratings, 17 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

News headlines about AMD stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. 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 daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the semiconductor manufacturer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Advanced Micro Devices.

Some companies that are related to Advanced Micro Devices include Texas Instruments (TXN), Broadcom (AVGO), NVIDIA (NVDA), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Xilinx (XLNX), Infineon Technologies (IFNNY), Kyocera (KYOCY), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL) and Maxim Integrated Products (MXIM).

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), Square (SQ), Tesla (TSLA), General Electric (GE) and Cisco Systems (CSCO).

Advanced Micro Devices' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.92%), Nuveen Asset Management LLC (1.20%), Northern Trust Corp (0.96%), Point72 Asset Management L.P. (0.46%), First Trust Advisors LP (0.40%) and Charles Schwab Investment Management Inc. (0.38%). 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 Tairen Capital Ltd, Nan Shan Life Insurance Co. Ltd., Amundi Pioneer Asset Management Inc., Man Group plc, Janus Henderson Group PLC, Janus Henderson Group PLC, First Trust Advisors LP and NumerixS Investment Technologies Inc. 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 Nuveen Asset Management LLC, Vanguard Group Inc., Prudential PLC, Scout Investments Inc., Carillon Tower Advisers Inc., AXA, Capital Growth Management LP and Voloridge Investment Management LLC. 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 $30.29.

Advanced Micro Devices has a market capitalization of $32.88 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]