Advanced Micro Devices (NASDAQ:AMD) Trading Down 3.6% – What’s Next?

Advanced Micro Devices, Inc. (NASDAQ:AMD) fell 3.6% during trading on Thursday . The company traded as low as $205.14 and last traded at $205.94. 31,396,207 shares were traded during mid-day trading, a decline of 24% from the average session volume of 41,441,570 shares. The stock had previously closed at $213.58.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD and rivals are pushing gamer demand with new GPU game-bundle promotions that can support consumer GPU sales and ASPs. AMD and Nvidia Court PC Gamers with New GPU Bundles
• Positive Sentiment: Several bullish write-ups argue AMD is at an inflection point as CPU/server and AI exposure ramp, supporting longer-term upside. AMD’s Inflection Is Here
• Positive Sentiment: Analyst sentiment: Phillip Securities upgraded AMD from “moderate buy” to “strong-buy,” a near-term supportive datapoint for investor confidence. Zacks / Phillip Securities Upgrade
• Neutral Sentiment: Options markets show notable activity flagged by commentators — interpretations vary (some see bullish implied forward pricing, others see hedging that can precede volatility). Options Markets Fires Warning Shot at Advanced Micro Devices Stock (AMD)
• Neutral Sentiment: Coverage pieces weighing AMD vs. peers (Broadcom, NVIDIA) and AI market positioning are circulating; they set the competitive context but don’t provide immediate catalysts. Broadcom Vs. AMD: Which AI Chipmaker Is The Better Stock?
• Neutral Sentiment: Short-interest reports in the feed show anomalous zero values (likely reporting/error) — current published data does not indicate material short-covering pressure.
• Negative Sentiment: Shares dipped after traders reacted to valuation and rotation concerns; some analysts say the market is “missing” a catalyst, fueling short-term selling. AMD stock tumbles 3%: analysts say market is missing this key catalyst
• Negative Sentiment: Stock slipped despite news of record CPU server share — suggests profit-taking or concerns that current valuation already prices in much of the AI/server upside. AMD Stock Slips Despite Capturing a Record CPU Server Share
• Negative Sentiment: Critical takes question the sustainability of the current narrative and flag valuation/fundamental mismatches that could pressure the stock if macro or AI demand momentum softens. AMD: Something Doesn’t Add Up
• Negative Sentiment: Several title-driven risk pieces and price-target analyses are circulating that highlight downside scenarios and may amplify short-term volatility. How Low Could AMD Stock (AMD) Fall?

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group set a $310.00 price target on Advanced Micro Devices in a report on Wednesday, February 4th. CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target on the stock in a research report on Friday, November 7th. KeyCorp upped their price target on shares of Advanced Micro Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Finally, Phillip Securities upgraded Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $288.17.

Advanced Micro Devices Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The company has a market cap of $335.77 billion, a P/E ratio of 77.71, a PEG ratio of 0.80 and a beta of 1.94. The stock’s 50-day moving average price is $221.74 and its 200-day moving average price is $205.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share 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 business had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the previous year, the company posted $1.09 earnings per share. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 17,108 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the completion of the transaction, the executive vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the transaction, the senior vice president owned 16,359 shares in the company, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 164,000 shares of company stock worth $36,034,173. 0.06% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

A number of hedge funds have recently modified their holdings of AMD. Norges Bank bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $4,929,312,000. Jennison Associates LLC boosted its stake in Advanced Micro Devices by 181.6% in the fourth quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after acquiring an additional 7,035,991 shares in the last quarter. Wellington Management Group LLP boosted its stake in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after purchasing an additional 3,735,807 shares in the last quarter. Franklin Resources Inc. raised its position in Advanced Micro Devices by 340.1% during the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after buying an additional 3,669,054 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after purchasing an additional 3,059,935 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

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.