Q2 EPS Estimate for Advanced Micro Devices Raised by Analyst

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Research analysts at Northland Securities boosted their Q2 2027 earnings estimates for shares of Advanced Micro Devices in a research report issued on Wednesday, May 6th. Northland Securities analyst G. Richard now anticipates that the semiconductor manufacturer will earn $1.76 per share for the quarter, up from their previous forecast of $1.58. Northland Securities has a “Market Perform” rating and a $260.00 price objective on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $5.99 per share. Northland Securities also issued estimates for Advanced Micro Devices’ Q3 2027 earnings at $1.74 EPS and Q4 2027 earnings at $1.87 EPS.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 earnings per share.

A number of other research analysts have also issued reports on the stock. Roth Mkm reiterated a “buy” rating and issued a $500.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, May 6th. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Truist Financial set a $478.00 target price on Advanced Micro Devices in a report on Wednesday, May 6th. Erste Group Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Finally, Cantor Fitzgerald boosted their target price on shares of Advanced Micro Devices to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $391.54.

Advanced Micro Devices Trading Up 0.8%

Shares of Advanced Micro Devices stock opened at $458.79 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The firm has a 50-day moving average of $253.97 and a 200-day moving average of $234.82. Advanced Micro Devices has a 52-week low of $106.98 and a 52-week high of $469.22. The stock has a market cap of $748.10 billion, a PE ratio of 150.42, a PEG ratio of 1.40 and a beta of 2.40.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction on 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 directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in Advanced Micro Devices in the fourth quarter valued at approximately $4,929,312,000. Jennison Associates LLC lifted its position in shares of Advanced Micro Devices by 181.6% during the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after buying an additional 7,035,991 shares during the last quarter. Cardano Risk Management B.V. bought a new position in shares of Advanced Micro Devices during the 4th quarter worth $1,000,783,000. Wellington Management Group LLP grew its stake in shares of Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after acquiring an additional 3,735,807 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Advanced Micro Devices by 340.1% in the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after acquiring an additional 3,669,054 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD reached a new 52-week high as Wall Street raised its view on the company’s AI-driven server CPU demand, with some analysts suggesting the stock could still have meaningful upside. Advanced Micro Devices (AMD) Stock Surges to New 52-Week Peak Amid AI Server Boom
• Positive Sentiment: AMD announced major customer deals for its MI450 AI chips with Meta Platforms and OpenAI, which signals committed demand for its next-generation data center hardware and supports the company’s growth outlook. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
• Positive Sentiment: Analysts and market commentators are increasingly framing AMD as a key beneficiary of the broader AI CPU and data-center spending cycle, which is helping lift sentiment across semiconductor stocks. AMD stock hits new high as Wall Street bets on AI CPU supercycle
• Neutral Sentiment: Cathie Wood’s Ark Invest continued trimming AMD, which may create some noise around near-term sentiment, but the sales appear to be portfolio rotation rather than a business-specific concern. Ark Invest Again Sells AMD, This Time As Stock Hits 52-Week High While Snapping Up Tempus AI And Circle
• Negative Sentiment: Some commentary warns that AMD’s valuation has run far ahead of fundamentals after the sharp rally, raising the risk of volatility or a pullback if growth expectations cool. Machine learning algorithm predicts AMD stock price on May 31, 2026

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.