Advanced Micro Devices (NASDAQ:AMD) Given Outperform Rating at Wedbush

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “outperform” rating reissued by Wedbush in a research report issued on Wednesday,Benzinga reports. They currently have a $290.00 price objective on the semiconductor manufacturer’s stock. Wedbush’s price objective would suggest a potential upside of 40.63% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Benchmark reaffirmed a “buy” rating and set a $325.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. China Renaissance started coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They issued a “buy” rating and a $291.00 price target for the company. Mizuho raised their price objective on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday. Finally, JPMorgan Chase & Co. increased their price objective on Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $287.03.

Advanced Micro Devices Stock Performance

AMD stock traded down $35.89 on Wednesday, reaching $206.22. 20,346,673 shares of the company were exchanged, compared to its average volume of 37,525,652. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. Advanced Micro Devices has a 12 month low of $76.48 and a 12 month high of $267.08. The stock’s fifty day moving average price is $222.82 and its 200 day moving average price is $203.97. The firm has a market capitalization of $335.73 billion, a PE ratio of 102.09, a PEG ratio of 1.03 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, beating analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.Advanced Micro Devices’s revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.09 earnings per share. On average, research analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total value of $4,461,246.50. Following the transaction, the executive vice president owned 300,348 shares in the company, valued at $68,890,820.76. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction dated 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 directly owned 1,714,505 shares in the company, valued at $411,686,940.60. This represents a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 164,000 shares of company stock worth $36,034,173. Corporate insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

A number of large investors have recently bought and sold shares of AMD. Waterfront Wealth Inc. purchased a new stake in Advanced Micro Devices during the second quarter valued at about $1,145,000. Global Retirement Partners LLC bought a new position in Advanced Micro Devices in the 2nd quarter valued at $4,519,000. Cornercap Investment Counsel Inc. boosted its stake in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after buying an additional 3,702 shares during the period. Swiss National Bank boosted its position in shares of Advanced Micro Devices by 7.5% during the 2nd quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after acquiring an additional 341,000 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in Advanced Micro Devices by 8.4% during the second quarter. New York State Common Retirement Fund now owns 2,239,239 shares of the semiconductor manufacturer’s stock valued at $317,748,000 after purchasing an additional 172,745 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Key Advanced Micro Devices News

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

• Positive Sentiment: Q4 results beat consensus with record revenue of ~$10.3B, strongest Data Center growth (≈39%), record non‑GAAP EPS $1.53 and healthy free cash flow — validates the AI/data‑center growth story. AMD Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management reiterated a multi‑year AI opportunity (CEO Lisa Su: data center business could scale to “tens of billions”), and AMD highlighted new AI products and partner ramps that underpin longer‑term upside. AMD Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: AMD guided Q1 revenue to ~$9.8B (+/‑$300M) — above Street consensus on average but implies a modest sequential decline from Q4; the midpoint still signals strong year‑over‑year growth, leaving mixed interpretations. AMD forecasts first-quarter revenue above estimates
• Neutral Sentiment: Wall Street remains largely bullish on medium/long term — several firms reaffirm buy ratings and high targets (range of analyst targets remains elevated), which supports recovery should near‑term concerns fade. Benzinga — analyst coverage
• Negative Sentiment: CEO commentary capped expected China AI‑GPU revenue in Q1 at just ~$100M due to licensing/export uncertainty — this surprised investors and amplified geopolitical/regulatory execution risk. AMD CEO: Not forecasting China AI chip revenue beyond $100M
• Negative Sentiment: Market reaction: despite the beat, investors punished the stock on the cautious near‑term tone (China cap + guidance nuance), with European shares dropping and U.S. pre/after‑hours weakness driving today’s decline. AMD is down after reporting earnings — CNBC
• Negative Sentiment: Export controls and related inventory impacts remain a headline (FY impact ~ $440M; Q4 included a ~$360M reserve release and ~$390M China MI308 sales), adding one‑off noise that complicates quarter‑to‑quarter comparisons. AMD Reports Fourth Quarter and Full Year 2025 Financial Results

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.