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

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a research report issued to clients and investors on Tuesday, Benzinga reports. They presently have a $700.00 price target on the semiconductor manufacturer’s stock. Rosenblatt Securities’ target price would indicate a potential upside of 13.37% from the stock’s previous close.

Other research analysts have also recently issued reports about the company. DA Davidson boosted their target price on Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Roth Capital boosted their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, August 3rd. CLSA reissued an “outperform” rating and issued a $710.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, September 9th. Finally, Susquehanna boosted their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $567.63.

Advanced Micro Devices Trading Up 1.6%

NASDAQ:AMD traded up $9.57 on Tuesday, reaching $617.44. The company’s stock had a trading volume of 6,692,728 shares, compared to its average volume of 33,049,555. Advanced Micro Devices has a 1-year low of $159.33 and a 1-year high of $639.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The firm has a market cap of $1.01 trillion, a PE ratio of 158.49, a PEG ratio of 6.54 and a beta of 2.48. The business’s 50-day moving average price is $506.44 and its two-hundred day moving average price is $434.30.

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

Insider Buying and Selling

In other news, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the sale, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% 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. Over the last quarter, insiders sold 213,838 shares of company stock valued at $105,533,836. Corporate insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in shares of Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after acquiring an additional 4,535,126 shares during the last quarter. State Street Corp lifted its stake in shares of 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 valued at $46,606,266,000 after acquiring an additional 2,149,563 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at $7,022,226,000. Jennison Associates LLC lifted its stake in shares of Advanced Micro Devices by 5.8% in 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 acquiring an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Advanced Micro Devices by 33.9% in the 2nd quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after acquiring an additional 2,365,419 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: $8.2 billion World Labs acquisition strengthens AMD’s AI strategy. AMD agreed to acquire the AI research company in an all-stock transaction, adding spatial-intelligence and 3D world-model expertise relevant to robotics, physical AI and future AI infrastructure. Founder Fei-Fei Li will join AMD as executive vice president and chief scientist, potentially improving the company’s ability to compete with Nvidia in AI systems. AMD to acquire Fei-Fei Li’s World Labs in $8.2 billion deal
• Positive Sentiment: Rosenblatt reaffirmed its “Buy” rating and set a $700 price target. The target implies additional upside from the quoted market price, reflecting continued confidence in AMD’s AI accelerator, CPU and agentic-AI opportunities. Jim Cramer also argued that rising demand for CPUs serving agentic AI workloads could extend AMD’s recent momentum. Jim Cramer Says AMD’s Incredible Run Isn’t Over
• Neutral Sentiment: Sector sentiment remains tied to the AI infrastructure outlook. Semiconductor shares have attracted renewed interest as investors assess whether AI spending will broaden from model training into inference, networking and physical AI. However, reports that OpenAI halted a new model over safety concerns have raised questions about the pace and composition of future AI compute demand.
• Negative Sentiment: AMD’s valuation leaves the stock vulnerable to profit-taking. After a powerful rally and a brief move above a $1 trillion market capitalization, AMD trades at elevated valuation multiples. Higher Treasury yields, oil prices and concerns about a potential slowdown in AI spending can pressure high-growth semiconductor stocks.
• Negative Sentiment: The all-stock deal may dilute shareholders, while insider selling is a watchpoint. Although the acquisition preserves AMD’s cash, issuing shares to fund the transaction could reduce existing shareholders’ ownership percentage. Separately, reported insider transactions show substantial selling by executives, including CEO Lisa Su, which may reinforce investor caution at elevated prices.

Advanced Micro Devices Company Profile

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.