Analysts Issue Forecasts for Advanced Micro Devices, Inc.’s FY2025 Earnings (NASDAQ:AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Research analysts at Wedbush boosted their FY2025 earnings per share estimates for Advanced Micro Devices in a research report issued on Wednesday, May 1st. Wedbush analyst M. Bryson now anticipates that the semiconductor manufacturer will earn $5.88 per share for the year, up from their prior estimate of $5.81. Wedbush currently has a “Outperform” rating and a $200.00 target price on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.63 per share.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. During the same quarter last year, the business posted $0.43 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year.

A number of other research firms have also recently weighed in on AMD. Truist Financial cut their price target on Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating on the stock in a research note on Wednesday, May 1st. Evercore ISI lowered their price objective on Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a report on Wednesday, May 1st. UBS Group reduced their price target on shares of Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Piper Sandler reiterated an “overweight” rating and set a $175.00 price target (down from $195.00) on shares of Advanced Micro Devices in a research report on Wednesday, May 1st. Finally, Northland Securities upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.94.

Advanced Micro Devices Stock Down 0.9 %

Shares of Advanced Micro Devices stock opened at $154.43 on Monday. Advanced Micro Devices has a 52-week low of $89.17 and a 52-week high of $227.30. The company has a 50 day moving average of $174.53 and a 200 day moving average of $153.23. The company has a quick ratio of 1.92, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $249.61 billion, a P/E ratio of 227.11, a P/E/G ratio of 2.33 and a beta of 1.66.

Insider Activity

In related news, Director Joseph A. Householder sold 6,572 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the sale, the director now directly owns 2,197 shares of the company’s stock, valued at $457,151.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Joseph A. Householder sold 6,572 shares of Advanced Micro Devices stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $208.08, for a total value of $1,367,501.76. Following the completion of the transaction, the director now directly owns 2,197 shares in the company, valued at $457,151.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $177.57, for a total value of $2,876,634.00. Following the sale, the executive vice president now owns 1,554,602 shares in the company, valued at approximately $276,050,677.14. The disclosure for this sale can be found here. In the last three months, insiders sold 181,850 shares of company stock worth $34,637,833. 0.65% of the stock is currently owned by insiders.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently added to or reduced their stakes in AMD. Vanguard Group Inc. boosted its holdings in shares of Advanced Micro Devices by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 142,445,378 shares of the semiconductor manufacturer’s stock valued at $20,997,873,000 after buying an additional 2,390,558 shares during the period. Fisher Asset Management LLC grew its holdings in shares of Advanced Micro Devices by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 28,368,826 shares of the semiconductor manufacturer’s stock valued at $4,181,849,000 after purchasing an additional 600,638 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Advanced Micro Devices by 10.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,675,684 shares of the semiconductor manufacturer’s stock worth $4,079,674,000 after purchasing an additional 2,553,392 shares during the period. Jennison Associates LLC lifted its holdings in shares of Advanced Micro Devices by 5.9% in the 4th quarter. Jennison Associates LLC now owns 26,886,280 shares of the semiconductor manufacturer’s stock worth $3,963,307,000 after purchasing an additional 1,490,997 shares during the last quarter. Finally, Norges Bank acquired a new position in Advanced Micro Devices during the 4th quarter valued at approximately $3,426,529,000. Institutional investors own 71.34% of the company’s stock.

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.