Advanced Micro Devices (NASDAQ:AMD) Price Target Raised to $450.00 at Susquehanna

Advanced Micro Devices (NASDAQ:AMD) had its price objective upped by Susquehanna from $375.00 to $450.00 in a report issued on Wednesday, Marketbeat.com reports. They currently have a positive rating on the semiconductor manufacturer’s stock.

Other research analysts also recently issued research reports about the company. Northland Securities reaffirmed a “market perform” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research note on Monday, April 27th. TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Mizuho boosted their price target on Advanced Micro Devices from $280.00 to $415.00 and gave the company an “outperform” rating in a research note on Wednesday. Barclays boosted their price target on Advanced Micro Devices from $300.00 to $500.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $385.86.

Advanced Micro Devices Stock Up 18.4%

AMD stock opened at $420.56 on Wednesday. The company has a market cap of $685.66 billion, a PE ratio of 137.89, a price-to-earnings-growth ratio of 1.26 and a beta of 2.40. The business has a 50-day simple moving average of $240.09 and a 200 day simple moving average of $230.52. Advanced Micro Devices has a 52 week low of $96.88 and a 52 week high of $430.60. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.68% and a net margin of 13.37%.Advanced Micro Devices’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 earnings per share. Sell-side analysts anticipate that Advanced Micro Devices will post 5.91 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 85,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the sale, the chief executive officer directly owned 3,146,006 shares in the company, valued at $625,331,612.62. This represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the sale, the executive vice president owned 289,098 shares in the company, valued at $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently added to or reduced their stakes in the stock. World Equity Group Inc. boosted its holdings in shares of Advanced Micro Devices by 2.1% during the 1st quarter. World Equity Group Inc. now owns 5,125 shares of the semiconductor manufacturer’s stock worth $1,042,000 after buying an additional 103 shares in the last quarter. Hanseatic Management Services Inc. acquired a new position in shares of Advanced Micro Devices during the first quarter worth approximately $369,000. AIA Group Ltd raised its position in shares of Advanced Micro Devices by 61.5% during the first quarter. AIA Group Ltd now owns 30,659 shares of the semiconductor manufacturer’s stock worth $6,237,000 after purchasing an additional 11,675 shares during the period. Mediolanum International Funds Ltd raised its position in shares of Advanced Micro Devices by 69.2% during the first quarter. Mediolanum International Funds Ltd now owns 196,408 shares of the semiconductor manufacturer’s stock worth $38,504,000 after purchasing an additional 80,354 shares during the period. Finally, Spartan Wealth Advisory Services LLC acquired a new position in shares of Advanced Micro Devices during the first quarter worth approximately $2,445,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices News Roundup

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Q1 results beat and bullish Q2 guide: AMD reported stronger-than-expected Q1 revenue and EPS and gave Q2 revenue guidance above Wall Street consensus, a combination that sparked heavy buying into the stock. Read More.
• Positive Sentiment: Data?center momentum — CEO and results point to accelerating server CPU and GPU demand: management raised the long?term server CPU opportunity to ~$120B and highlighted agentic AI driving faster-than-expected cloud spending. That narrative underpins stronger revenue and margin expectations. Read More.
• Positive Sentiment: Wall Street upgrades and price?target lifts amplified the rally: multiple firms raised targets and issued upgrades after the beat & guide, which increases buy?side conviction and fuels momentum. Read More.
• Positive Sentiment: Supply and capacity wins reduce near?term constraint risk: reports of TSMC capacity wins and AMD securing critical memory allocations eased investor concerns about the company being supply?constrained during the AI ramp. Read More.
• Neutral Sentiment: Macro and market tailwinds helped sentiment: broader risk?on moves (oil down on Iran diplomacy, indexes rising) amplified AMD’s move — helpful context, but not an AMD?specific fundamental change. Read More.
• Neutral Sentiment: Investor cautions on momentum/positioning: some prominent investors and technical analysts warn against chasing the move (overbought indicators, heavy post?earnings flows), suggesting short?term volatility even as the long?term thesis remains intact. Read More.
• Negative Sentiment: Valuation, profit?taking and margin pressure risks: the rally pushes valuation toward “priced for perfection,” insiders have sold shares, and rising memory prices could pressure gaming/PC demand — all reasons some analysts still urge caution or rate the stock a hold. Read More.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.