Advanced Micro Devices (NASDAQ:AMD) Trading 1.2% Higher – Still a Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were up 1.2% on Wednesday . The company traded as high as $224.09 and last traded at $223.60. Approximately 40,258,559 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 34,510,816 shares. The stock had previously closed at $220.97.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: KeyBanc upgraded AMD to Overweight and set a $270 12‑month target, citing near‑sold‑out server CPU supply for 2026 and meaningful AI server demand — a catalyst driving recent buying. AMD Stock Rallies 6% on Analyst Upgrade and TCS Partnership
• Positive Sentiment: AMD announced a strategic collaboration with Tata Consultancy Services (TCS) to co‑develop enterprise and industry‑specific AI/GenAI solutions, upskill teams on AMD hardware, and accelerate deployments across cloud/edge — a revenue and go‑to‑market positive for enterprise AI adoption. TCS and AMD Announce Strategic Collaboration to Drive AI Adoption at Scale
• Positive Sentiment: Wall Street momentum continued: new/maintained high price targets and analyst praise (including coverage from China Renaissance and others) support upside expectations and helped lift sentiment after the upgrade wave. New Analyst Forecast: $AMD Given $270 Price Target
• Neutral Sentiment: AMD launched a new family of x86 chips (product cycle news) and highlighted CES showcases; these product announcements support long‑term roadmap execution but need customer wins and volume to materially move near‑term revenue. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
• Negative Sentiment: New benchmark results for the Ryzen AI MAX+ 392 drew mixed reactions and coincided with a short‑term stock dip — signaling investors are watching performance comparisons closely vs. competitors. AMD Stock Slips Despite New Ryzen AI MAX+ 392 Benchmark Data
• Negative Sentiment: Analyst comparison pieces (e.g., Qualcomm vs. AMD) argue Qualcomm may be the smarter buy due to valuation and diversification, highlighting that relative valuation and competitive positioning remain investor concerns. QCOM vs. AMD: Which Semiconductor Stock is the Smarter Buy in 2026?

Analyst Upgrades and Downgrades

AMD has been the subject of several research reports. Rosenblatt Securities reissued a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a report on Tuesday, October 14th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. Finally, DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price for the company in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $277.44.

Advanced Micro Devices Stock Performance

The firm has a market capitalization of $364.03 billion, a P/E ratio of 110.69, a price-to-earnings-growth ratio of 0.88 and a beta of 1.95. The company has a 50-day moving average of $219.71 and a 200-day moving average of $193.61. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The business’s quarterly revenue was up 35.6% on a year-over-year basis. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were 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 approximately $411,686,940.60. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 300,348 shares in the company, valued at $68,890,820.76. This trade represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 161,558 shares of company stock valued at $35,461,719. 0.06% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

Large investors have recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after buying an additional 234 shares during the period. First Hawaiian Bank increased its stake in shares of Advanced Micro Devices by 14.6% in the 1st quarter. First Hawaiian Bank now owns 4,515 shares of the semiconductor manufacturer’s stock valued at $464,000 after acquiring an additional 574 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Advanced Micro Devices by 19.3% during the 2nd quarter. Parallel Advisors LLC now owns 26,500 shares of the semiconductor manufacturer’s stock valued at $3,760,000 after acquiring an additional 4,293 shares during the period. Finally, Goldstone Financial Group LLC bought a new position in Advanced Micro Devices during the second quarter worth $215,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

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.