Advanced Micro Devices (NASDAQ:AMD) Price Target Raised to $300.00 at KeyCorp

Advanced Micro Devices (NASDAQ:AMD) had its price target raised by KeyCorp from $270.00 to $300.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an overweight rating on the semiconductor manufacturer’s stock.

Other research analysts have also recently issued reports about the company. Raymond James Financial started coverage on Advanced Micro Devices in a report on Thursday, November 20th. They issued an “outperform” rating and a $377.00 price objective on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Deutsche Bank Aktiengesellschaft set a $235.00 price target on Advanced Micro Devices and gave the stock a “hold” rating in a report on Tuesday, October 14th. Morgan Stanley restated an “equal weight” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $286.50.

Advanced Micro Devices Trading Down 17.3%

Shares of AMD stock opened at $200.19 on Wednesday. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. Advanced Micro Devices has a twelve month low of $76.48 and a twelve month high of $267.08. The company’s 50-day moving average price is $222.54 and its 200-day moving average price is $203.94. The stock has a market cap of $325.92 billion, a price-to-earnings ratio of 75.54, a PEG ratio of 1.01 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping 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 8.97%. The company had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the previous year, the firm earned $1.09 earnings per share. Advanced Micro Devices’s quarterly revenue was up 34.1% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the sale, the executive vice president directly owned 300,348 shares in the company, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 164,000 shares of company stock worth $36,034,173. 0.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its holdings in Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Advanced Micro Devices by 4.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 17,001 shares of the semiconductor manufacturer’s stock valued at $2,412,000 after purchasing an additional 736 shares in the last quarter. Finally, Tyche Wealth Partners LLC acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $374,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Strong Q4 results — record revenue ($10.3B), robust data‑center growth and beat on adjusted EPS that show execution and healthy margins. Read More.
• Positive Sentiment: Management remains bullish on long‑term AI demand and product roadmap (MI450, Helios rack‑scale, new Ryzen AI/Instinct launches) — CEO Lisa Su reiterated that AI adoption accelerates and could drive material revenue in later years. Read More.
• Positive Sentiment: Several Wall Street firms reaffirmed or raised targets/ratings after the print (Evercore, KeyCorp, Benchmark), supporting a longer‑term bullish thesis. Read More.
• Neutral Sentiment: Some analysts and outlets frame the post‑earnings decline as a buying opportunity — view differs by time horizon (short‑term volatility vs. multi‑quarter AI ramp). Read More.
• Neutral Sentiment: Macro/sector pressure amplified the move: broader tech weakness and AI‑sector rotation contributed to heavier selling across semis, not just AMD. Read More.
• Negative Sentiment: Investors flagged guidance and China exposure: AMD disclosed roughly $390M of MI308 sales to China in Q4 but is capping China AI revenue at ~$100M in Q1 amid licensing/export uncertainty — raising doubts about how much of the AI upside is repeatable. Read More.
• Negative Sentiment: Q1 outlook disappointed some short‑term expectations — guidance midpoint implies sequential decline despite strong YoY growth, and whisper/“implied” numbers had been higher, prompting profit‑taking. Read More.
• Negative Sentiment: Traders took gains and pushed a large one‑day selloff (sector contagion, mixed analyst notes and some downgrades), turning a beat into a sharp drop and large market‑cap loss in the session. Read More.

About Advanced Micro Devices

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.