Advanced Micro Devices (NASDAQ:AMD) Earns Buy Rating from Rosenblatt Securities

Advanced Micro Devices (NASDAQ:AMD – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Rosenblatt Securities in a research report issued to clients and investors on Tuesday, Benzinga reports. They presently have a $700.00 target price on the semiconductor manufacturer’s stock. Rosenblatt Securities’ target price would suggest a potential upside of 13.91% from the stock’s current price.

Several other equities research analysts also recently issued reports on AMD. Benchmark raised their price objective on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. DA Davidson upped their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Raymond James Financial raised Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $565.00 to $641.00 in a report on Tuesday, August 25th. JPMorgan Chase & Co. upped their price target on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $567.63.

View Our Latest Stock Report on Advanced Micro Devices

Advanced Micro Devices Stock Performance

NASDAQ AMD traded up $6.64 during trading on Tuesday, reaching $614.51. 7,642,698 shares of the company’s stock were exchanged, compared to its average volume of 33,059,336. Advanced Micro Devices has a fifty-two week low of $159.33 and a fifty-two week high of $639.00. The stock has a market capitalization of $1.00 trillion, a P/E ratio of 157.97, a PEG ratio of 6.54 and a beta of 2.48. The business has a 50 day moving average price of $506.44 and a 200-day moving average price of $434.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 EPS. Sell-side analysts forecast that Advanced Micro Devices will post 6.43 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 25,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the sale, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. The trade was a 25.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total value of $8,683,146.05. Following the sale, the executive vice president owned 363,317 shares in the company, valued at $182,766,616.85. This represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 213,838 shares of company stock worth $105,533,836 in the last quarter. 0.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. BlackRock Inc. lifted its position in Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. State Street Corp boosted its stake in Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Invesco Ltd. boosted its position in shares of Advanced Micro Devices by 15.9% in the fourth quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock worth $3,313,758,000 after buying an additional 2,124,867 shares during the period. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $7,022,226,000. Finally, Jennison Associates LLC boosted its stake in shares of Advanced Micro Devices by 5.8% during the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after buying an additional 545,575 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Trending Headlines about Advanced Micro Devices

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

  • Positive Sentiment: World Labs acquisition strengthens AMD’s AI strategy. Analysts view the purchase as a long-term effort to combine AI software and research with AMD’s CPUs, GPUs and systems, particularly in physical AI, robotics and simulation. AMD stock rises as analysts back $8.2B World Labs AI deal
  • Positive Sentiment: Rosenblatt reaffirmed a Buy rating and set a $700 price target. The target implies additional upside and reflects expectations that AMD’s AI accelerator and agentic-AI CPU opportunities can support further growth even after its sharp rally. Nvidia and AMD: Top Rosenblatt Analyst Highlights Different Paths to AI Growth
  • Positive Sentiment: AI demand remains the central bullish catalyst. Commentary points to rising demand for high-end CPUs and GPUs as enterprises deploy agentic AI, supporting the view that AMD can continue taking share in a market dominated by Nvidia. Jim Cramer Says AMD’s Incredible Run Isn’t Over
  • Neutral Sentiment: AMD has entered the $1 trillion market-capitalization group after a massive rally. The milestone improves visibility and reinforces investor confidence, but it also raises expectations for sustained revenue and earnings growth. Advanced Micro Devices Just Joined the $1 Trillion Club
  • Negative Sentiment: Valuation and execution risks remain significant. The all-stock World Labs transaction could dilute shareholders, while critics argue AMD is paying a steep price. AMD’s elevated valuation leaves the stock vulnerable to profit-taking, higher interest rates, weaker AI spending or renewed semiconductor-sector volatility.
  • Negative Sentiment: Potential China export restrictions are an additional overhang. AMD and Nvidia are reportedly lobbying against tighter rules, which could limit access to an important market if implemented. Nvidia and AMD Lobby Against Potential China Chip Export Restrictions

Advanced Micro Devices Company Profile

(Get Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.

Further Reading

Analyst Recommendations for Advanced Micro Devices (NASDAQ:AMD)

Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.