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

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating reiterated by equities research analysts at Rosenblatt Securities in a research report issued on Friday,Benzinga reports. They currently have a $665.00 price objective on the semiconductor manufacturer’s stock. Rosenblatt Securities’ price target would suggest a potential upside of 23.22% from the company’s current price.

Other research analysts have also issued reports about the stock. Roth Capital reiterated a “buy” rating on shares of Advanced Micro Devices in a research note on Friday. Truist Financial set a $478.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. DA Davidson lifted their price objective on Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company boosted their target price on Advanced Micro Devices from $505.00 to $615.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Finally, KeyCorp raised their price target on Advanced Micro Devices from $530.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $485.68.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $539.69 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The stock has a fifty day moving average price of $510.65 and a 200 day moving average price of $339.41. Advanced Micro Devices has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a market cap of $880.02 billion, a PE ratio of 176.95, a P/E/G ratio of 1.60 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. Sell-side analysts forecast that Advanced Micro Devices will post 6.25 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 24,376 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares of the company’s stock, valued at $46,759,604.58. The trade was a 18.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 310,310 shares of company stock worth $141,185,456. 0.50% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

Several large investors have recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Advanced Micro Devices by 12.8% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 24 shares during the last quarter. Trust Co of the South grew its position in shares of Advanced Micro Devices by 1.5% in the second quarter. Trust Co of the South now owns 1,746 shares of the semiconductor manufacturer’s stock valued at $1,014,000 after purchasing an additional 25 shares during the period. Beaird Harris Wealth Management LLC increased its stake in Advanced Micro Devices by 9.4% in the second quarter. Beaird Harris Wealth Management LLC now owns 292 shares of the semiconductor manufacturer’s stock valued at $169,000 after purchasing an additional 25 shares during the last quarter. Veery Capital LLC lifted its position in Advanced Micro Devices by 1.0% during the second quarter. Veery Capital LLC now owns 2,793 shares of the semiconductor manufacturer’s stock worth $1,622,000 after buying an additional 27 shares during the period. Finally, Arlington Trust Co LLC lifted its position in Advanced Micro Devices by 3.3% during the second quarter. Arlington Trust Co LLC now owns 915 shares of the semiconductor manufacturer’s stock worth $532,000 after buying an additional 29 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD unveiled its new Helios rack-scale AI platform and related next-generation hardware at its Advancing AI event, signaling a more complete “full-stack” push into AI servers and infrastructure. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: AMD announced a major partnership with Cerebras to create an ultra-low-latency AI inference solution, with the combined platform expected to improve efficiency and throughput and roll out through Cerebras Cloud in the second half of 2026. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: AMD also secured a landmark deal with Anthropic that includes up to 2 gigawatts of AMD Instinct MI450-series GPU deployments and a planned equity investment of up to $5 billion, which should support future AI revenue visibility. AMD and Anthropic Announce Strategic Partnership to Deploy up to 2 Gigawatts of AMD Instinct MI450 Series GPUs
• Positive Sentiment: Several analysts turned more constructive after the Anthropic deal and AMD’s broader AI push, with fresh buy/overweight ratings and higher price targets reinforcing the bullish growth narrative. AMD Secures Major AI Infrastructure Deals, Reinforces Top Growth Pick with Unchanged $575 Price Target

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.