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 data on Tuesday, January, 28th. The semiconductor manufacturer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.26 by $0.06. The semiconductor manufacturer earned $2.13 billion during the quarter, compared to analyst estimates of $2.11 billion. Advanced Micro Devices had a net margin of 5.07% and a return on equity of 26.22%. Advanced Micro Devices's revenue was up 49.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.08 EPS. View Advanced Micro Devices' Earnings History.

Advanced Micro Devices is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Advanced Micro Devices.

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.

33 Wall Street analysts have issued 12 month price targets for Advanced Micro Devices' stock. Their forecasts range from $8.00 to $65.00. On average, they expect Advanced Micro Devices' stock price to reach $43.81 in the next year. This suggests that the stock has a possible downside of 20.8%. View Analyst Price Targets for Advanced Micro Devices.

33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last year. There are currently 1 sell rating, 17 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Micro Devices.

News coverage about AMD stock has been trending neutral this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Advanced Micro Devices earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Advanced Micro Devices.

Advanced Micro Devices saw a decrease in short interest in January. As of January 31st, there was short interest totalling 87,780,000 shares, a decrease of 5.8% from the January 15th total of 93,210,000 shares. Based on an average trading volume of 53,780,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 8.4% of the company's shares are sold short. View Advanced Micro Devices' Current Options Chain.

Some companies that are related to Advanced Micro Devices include Broadcom (AVGO), Applied Materials (AMAT), ASE Technology (ASX), Advantest (ATEYY), AU Optronics (AUOTY), AU Optronics (AUO), Amkor Technology (AMKR), Finisar (FNSR), Ambarella (AMBA), Aquantia (AQ), Alpha and Omega Semiconductor (AOSL), Applied Optoelectronics (AAOI), AXT (AXTI), Atomera (ATOM) and Intermolecular (IMI).

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), Tesla (TSLA), Bank of America (BAC), Walt Disney (DIS), Cisco Systems (CSCO) and Square (SQ).

Advanced Micro Devices' stock is owned by a number of of institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (1.68%), Charles Schwab Investment Management Inc. (0.45%), CI Investments Inc. (0.42%), Renaissance Technologies LLC (0.39%), GQG Partners LLC (0.39%) and Sumitomo Mitsui Trust Holdings Inc. (0.36%). 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 Point72 Asset Management L.P., First Trust Advisors LP, Artisan Partners Limited Partnership, Commerzbank Aktiengesellschaft FI, Tairen Capital Ltd, Toronto Dominion Bank, Apertura Capital LLC and Jennison Associates 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, 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 GQG Partners LLC, Renaissance Technologies LLC, William Blair Investment Management LLC, Assenagon Asset Management S.A., Russell Investments Group Ltd., Amundi Pioneer Asset Management Inc., Banco Bilbao Vizcaya Argentaria S.A. and TD Asset Management 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 $55.31.

Advanced Micro Devices has a market capitalization of $64.69 billion and generates $6.73 billion in revenue each year. The semiconductor manufacturer earns $341 million in net income (profit) each year or $0.48 on an earnings per share basis. Advanced Micro Devices employs 11,400 workers across the globe.View Additional Information About Advanced Micro Devices.