Wedbush Raises Earnings Estimates for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Equities research analysts at Wedbush upped their Q3 2025 earnings estimates for shares of Advanced Micro Devices in a note issued to investors on Thursday, July 17th. Wedbush analyst M. Bryson now expects that the semiconductor manufacturer will earn $0.95 per share for the quarter, up from their previous forecast of $0.92. Wedbush currently has a “Outperform” rating and a $120.00 target price on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $3.06 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.34 EPS, Q4 2026 earnings at $1.43 EPS and FY2026 earnings at $4.78 EPS.

Other equities research analysts also recently issued reports about the stock. Barclays raised their target price on shares of Advanced Micro Devices from $110.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, May 16th. Piper Sandler set a $270.00 price target on shares of Advanced Micro Devices and gave the company an “overweight” rating in a research report on Thursday, July 10th. Raymond James Financial reiterated an “outperform” rating and set a $120.00 price target (down from $150.00) on shares of Advanced Micro Devices in a research report on Wednesday, May 7th. KeyCorp cut shares of Advanced Micro Devices from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, April 8th. Finally, Melius Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and increased their price target for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Eleven analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and five have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $154.68.

Advanced Micro Devices Trading Down 1.5%

Shares of Advanced Micro Devices stock opened at $154.72 on Monday. Advanced Micro Devices has a 12-month low of $76.48 and a 12-month high of $174.05. The company has a market cap of $250.86 billion, a price-to-earnings ratio of 113.76, a PEG ratio of 2.08 and a beta of 2.05. The company has a current ratio of 2.80, a quick ratio of 1.97 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $127.67 and its 200-day moving average price is $113.20.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 EPS for the quarter, beating the consensus estimate of $0.93 by $0.03. The business had revenue of $7.44 billion for the quarter, compared to the consensus estimate of $7.10 billion. Advanced Micro Devices had a net margin of 8.03% and a return on equity of 8.30%. The company’s revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share.

Institutional Trading of Advanced Micro Devices

Hedge funds have recently modified their holdings of the company. Norges Bank purchased a new stake in Advanced Micro Devices during the 4th quarter valued at $2,867,193,000. Kingstone Capital Partners Texas LLC purchased a new stake in Advanced Micro Devices during the 2nd quarter valued at $958,422,000. Goldman Sachs Group Inc. raised its holdings in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after buying an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after buying an additional 5,915,185 shares during the period. Finally, Toronto Dominion Bank raised its holdings in Advanced Micro Devices by 443.3% during the 4th quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer’s stock valued at $660,475,000 after buying an additional 4,461,609 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices announced that its board has authorized a stock buyback plan on Wednesday, May 14th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor manufacturer to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.