Advanced Micro Devices - AMD Stock Forecast, Price & News

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last twelve months. There are currently 8 hold ratings, 24 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMD shares.
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33 Wall Street research analysts have issued 1 year price targets for Advanced Micro Devices' stock. Their AMD share price forecasts range from $60.00 to $200.00. On average, they predict the company's share price to reach $99.88 in the next year. This suggests a possible upside of 36.1% from the stock's current price.
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Advanced Micro Devices' stock was trading at $143.90 at the start of the year. Since then, AMD stock has decreased by 49.0% and is now trading at $73.39.
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Advanced Micro Devices saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 38,800,000 shares, an increase of 17.8% from the October 31st total of 32,940,000 shares. Based on an average daily volume of 84,420,000 shares, the short-interest ratio is presently 0.5 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its quarterly earnings results on Tuesday, November, 1st. The semiconductor manufacturer reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by $0.02. Advanced Micro Devices had a net margin of 9.96% and a trailing twelve-month return on equity of 11.17%. During the same quarter in the prior year, the business earned $0.66 EPS.

Advanced Micro Devices issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.20 billion-$5.80 billion, compared to the consensus revenue estimate of $5.85 billion.

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.

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).

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

Advanced Micro Devices' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.34%), BlackRock Inc. (7.30%), State Street Corp (4.09%), Price T Rowe Associates Inc. MD (3.00%), Fisher Asset Management LLC (1.20%) and Citadel Advisors LLC (0.00%). 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.
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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.
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One share of AMD stock can currently be purchased for approximately $73.39.

Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $118.33 billion and generates $16.43 billion in revenue each year. The semiconductor manufacturer earns $3.16 billion in net income (profit) each year or $1.67 on an earnings per share basis.

The company employs 15,500 workers across the globe.

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.