Advanced Micro Devices (NASDAQ:AMD) Upgraded to Strong-Buy at Phillip Securities

Phillip Securities upgraded shares of Advanced Micro Devices (NASDAQ:AMD) from a moderate buy rating to a strong-buy rating in a report issued on Sunday morning,Zacks.com reports.

Several other equities analysts have also commented on the company. HSBC increased their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Rosenblatt Securities reissued a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, Loop Capital set a $290.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.11.

Advanced Micro Devices Trading Down 1.6%

AMD stock traded down $3.51 during mid-day trading on Friday, hitting $210.07. 7,330,966 shares of the company were exchanged, compared to its average volume of 40,797,805. Advanced Micro Devices has a 12-month low of $76.48 and a 12-month high of $267.08. The firm has a market capitalization of $342.49 billion, a P/E ratio of 79.10, a PEG ratio of 0.81 and a beta of 1.94. The business has a fifty day simple moving average of $221.82 and a 200-day simple moving average of $205.60. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly 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 return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The firm’s revenue was up 34.1% compared to the same quarter last year. On average, equities research analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction 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 owned 300,348 shares in the company, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total value of $26,892,500.00. Following the transaction, the chief executive officer directly owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. The trade was a 3.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 164,000 shares of company stock valued at $36,034,173. 0.06% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Advanced Micro Devices by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after buying an additional 2,525,109 shares during the period. State Street Corp raised its position in Advanced Micro Devices by 2.4% in the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after purchasing an additional 1,755,182 shares during the period. Geode Capital Management LLC lifted its position in Advanced Micro Devices by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after acquiring an additional 287,525 shares in the last quarter. Norges Bank acquired a new position in shares of Advanced Micro Devices during the fourth quarter worth $4,929,312,000. Finally, Amundi grew its holdings in Advanced Micro Devices by 17.5% during the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock valued at $2,181,937,000 after purchasing an additional 2,012,865 shares in the last quarter. 71.34% of the stock is 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: Phillip Securities upgraded AMD from “moderate buy” to “strong‑buy,” a boost to investor sentiment and near‑term buying interest. AMD upgrade at Phillip Securities (via Zacks)
• Positive Sentiment: Reports say AMD will adopt LPDDR6 memory for its Medusa Halo chips — a product‑roadmap win that could improve performance/efficiency and supports market positioning in mobile/AI edge chips. AMD to adopt LPDDR6 (TipRanks)
• Positive Sentiment: AMD hired Ariel Kelman as Chief Marketing Officer, strengthening go‑to‑market and developer relations which can help product launches and demand capture. AMD hires Ariel Kelman (GlobeNewswire)
• Neutral Sentiment: Industry comparisons (Broadcom vs AMD; AMD vs Nvidia pieces) keep AMD in the AI chip conversation — useful for long‑term positioning but not an immediate catalyst. Broadcom vs AMD (247WallSt)
• Neutral Sentiment: Analyst and media pieces debating AMD vs. NVDA and long‑term upside keep interest high but create mixed short‑term signals for traders. AMD vs NVDA discussion (TalkMarkets)
• Neutral Sentiment: Several bullish narratives (momentum, valuation calls from BoA analysts) compete with cautionary pieces — this keeps volatility elevated. BoA analyst on AMD & NVDA (247WallSt)
• Negative Sentiment: Shares plunged after Q4 as the strong results were overshadowed by modest Q1 guidance and seasonal weakness concerns — a primary reason for recent selling pressure. AMD plunges post Q4 (Zacks)
• Negative Sentiment: Goldman and other coverage highlight operating‑expense/margin pressure as AMD scales datacenter and AI investments — a risk to near‑term profit expansion and guidance. Datacenter momentum but expense pressure (Yahoo Finance)
• Negative Sentiment: Bearish takes (price‑target downgrades, calls to sell at current levels) and questions about slowing growth amplify downside risk for short‑term traders. How low could AMD fall? (TipRanks)

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.