KeyCorp Equities Analysts Raise Earnings Estimates for AMD

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Investment analysts at KeyCorp upped their Q2 2026 earnings per share estimates for shares of Advanced Micro Devices in a research note issued to investors on Monday, July 13th. KeyCorp analyst J. Vinh now anticipates that the semiconductor manufacturer will earn $1.47 per share for the quarter, up from their previous estimate of $1.43. KeyCorp has a “Overweight” rating and a $725.00 price target on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $6.18 per share. KeyCorp also issued estimates for Advanced Micro Devices’ Q3 2026 earnings at $1.64 EPS, Q4 2026 earnings at $2.96 EPS, FY2026 earnings at $7.28 EPS, Q2 2027 earnings at $3.71 EPS, Q3 2027 earnings at $4.50 EPS, Q4 2027 earnings at $5.44 EPS and FY2027 earnings at $16.81 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, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period last year, the firm earned $0.96 earnings per share. The company’s revenue was up 37.8% on a year-over-year basis.

A number of other equities analysts also recently commented on AMD. Zacks Research lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Truist Financial set a $478.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. BTIG Research raised shares of Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Sanford C. Bernstein set a $600.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Finally, Oppenheimer lowered shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $468.65.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $500.94 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. Advanced Micro Devices has a 1 year low of $149.22 and a 1 year high of $584.73. The firm’s 50-day simple moving average is $503.08 and its 200-day simple moving average is $328.48. The firm has a market cap of $816.83 billion, a PE ratio of 164.24, a price-to-earnings-growth ratio of 1.55 and a beta of 2.47.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently made changes to their positions in AMD. Brighton Jones LLC increased its stake in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Advanced Micro Devices by 125.1% in the second 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 in the last quarter. United Bank increased its position in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its position in Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the sale, the chief executive officer directly owned 2,896,899 shares in the company, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares of the company’s stock, valued at $46,759,604.58. This trade represents a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 341,630 shares of company stock valued at $152,147,456. 0.50% of the stock is currently owned by insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Several Wall Street firms remained constructive on AMD, including price-target increases from BNP Paribas, KeyBanc, Rosenblatt, UBS, and Bank of America, reflecting confidence in AMD’s long-term AI and data-center growth story.
• Positive Sentiment: AMD announced Alan Smith as its newest Corporate Fellow, a signal of continued investment in GPU architecture and AI computing expertise. Article Title
• Neutral Sentiment: Analysts and market commentators continue to debate AMD’s near-term setup, with some saying the stock is stretched after its strong rally while others argue the AI inference and server CPU markets could still support further upside.
• Neutral Sentiment: Technical analysis pieces suggest AMD may be in a pullback phase after breaking below channel support, so traders are watching key moving averages for signs of stabilization.
• Negative Sentiment: The main drag on AMD has been a sector-wide risk-off move in chip stocks as investors question the durability of the AI capex boom, which is pressuring sentiment across semiconductor names.
• Negative Sentiment: AMD also declined despite upbeat analyst commentary, showing that near-term market momentum is being outweighed by broader selling and profit-taking in AI winners.

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.