Advanced Micro Devices (NASDAQ:AMD) Shares Up 1.7% on Analyst Upgrade

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price was up 1.7% during trading on Friday after Royal Bank Of Canada raised their price target on the stock from $230.00 to $325.00. Royal Bank Of Canada currently has a sector perform rating on the stock. Advanced Micro Devices traded as high as $362.79 and last traded at $360.54. Approximately 33,919,846 shares were traded during trading, a decline of 12% from the average daily volume of 38,616,469 shares. The stock had previously closed at $354.49.

A number of other analysts have also recently issued reports on the company. Susquehanna raised their price objective on Advanced Micro Devices from $300.00 to $375.00 and gave the company a “positive” rating in a research report on Wednesday. Wedbush reaffirmed an “outperform” rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Mizuho raised their target price on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Finally, China Renaissance began coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $300.05.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the sale, the executive vice president owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This trade represents a 2.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 304,672 shares of company stock worth $70,135,070 over the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Riot Platforms expanded its AMD deal—adding ~25 MW / doubling contracted capacity for AI deployments—highlighting growing data-center GPU demand for AMD hardware and reinforcing AMD’s traction with hyperscale/cloud customers. Riot jumps 10% as AMD signs additional 25 MW AI deployment: Q1 Earnings
• Positive Sentiment: Leaks of a Ryzen AI “halo” mini PC / release-date rumors are acting as a product catalyst for AMD’s consumer & edge-AI roadmap, supporting sentiment that AMD can monetize AI beyond data centers. AMD Stock Rallies as a Release Date for the Ryzen AI Halo PC Leaks
• Positive Sentiment: Analysts and outlets (e.g., Susquehanna, Forbes) continue to pitch AMD as a key AI-capex beneficiary and a challenger to Nvidia in certain segments — a narrative that supports higher multiples as enterprise AI spending ramps. AMD’s AI Coup: Breaking The Nvidia Monopoly
• Neutral Sentiment: Royal Bank of Canada raised its price target from $230 to $325 (rating: sector perform) — the PT hike signals improving fundamentals but the rating/target still sits below intraday market levels, so it’s an ambiguous signal for immediate upside. RBC raises AMD price target to $325
• Neutral Sentiment: Wall Street is split: several 5?star analysts differ on valuation and near-term upside into Q1 results, meaning outcomes from May earnings will likely swing sentiment. 5-Star Analysts Are Split on AMD as Stock Soars into Q1 Earnings
• Negative Sentiment: Schwab warns of an “overhead supply” risk for semiconductors after a near?50% group rally, flagging the possibility of a pullback in chip names (including AMD) if supply/seller pressure emerges. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk
• Negative Sentiment: ARK Invest (Cathie Wood) trimmed AMD exposure while rotating into other big tech names — a notable institutional sell signal that can weigh on short?term sentiment despite the company’s fundamental positives. Cathie Wood Loads Up on Meta, Alphabet Sells AMD

Institutional Investors Weigh In On Advanced Micro Devices

Institutional investors have recently made changes to their positions in the stock. Joseph Group Capital Management acquired a new position in Advanced Micro Devices in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $27,000. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices during the 4th quarter worth $27,000. Basepoint Wealth LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at about $30,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at approximately $33,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a market cap of $587.80 billion, a P/E ratio of 136.05, a P/E/G ratio of 1.21 and a beta of 1.96. The stock’s fifty day moving average price is $232.51 and its two-hundred day moving average price is $228.24.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same period last year, the firm posted $1.09 earnings per share. The firm’s quarterly revenue was up 34.1% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current year.

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.