Rosenblatt Securities Issues Positive Forecast for Advanced Micro Devices (NASDAQ:AMD) Stock Price

Advanced Micro Devices (NASDAQ:AMD) had its price target raised by Rosenblatt Securities from $300.00 to $490.00 in a research note released on Wednesday,Benzinga reports. They currently have a buy rating on the semiconductor manufacturer’s stock.

A number of other analysts also recently issued reports on AMD. Roth Mkm reaffirmed a “buy” rating and set a $500.00 price target on shares of Advanced Micro Devices in a report on Wednesday. Barclays lifted their target price on Advanced Micro Devices from $300.00 to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday. Truist Financial set a $283.00 target price on Advanced Micro Devices in a research report on Wednesday, February 4th. Wedbush lifted their target price on Advanced Micro Devices from $290.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Evercore reiterated an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $385.86.

Advanced Micro Devices Stock Up 18.4%

Shares of NASDAQ AMD opened at $420.56 on Wednesday. The company has a market capitalization of $685.66 billion, a price-to-earnings ratio of 137.89, a price-to-earnings-growth ratio of 1.26 and a beta of 2.40. 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 business has a 50-day moving average of $240.09 and a two-hundred day moving average of $230.52. Advanced Micro Devices has a 1 year low of $96.88 and a 1 year high of $430.60.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.68% and a net margin of 13.37%.Advanced Micro Devices’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.96 EPS. On average, analysts forecast that Advanced Micro Devices will post 5.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total value of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares in the company, valued at $675,764,755.36. The trade was a 3.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 304,672 shares of company stock worth $70,135,070. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Several institutional investors have recently added to or reduced their stakes in the stock. World Equity Group Inc. increased its position in Advanced Micro Devices by 2.1% in the 1st quarter. World Equity Group Inc. now owns 5,125 shares of the semiconductor manufacturer’s stock valued at $1,042,000 after acquiring an additional 103 shares during the period. Hanseatic Management Services Inc. acquired a new position in Advanced Micro Devices in the 1st quarter valued at about $369,000. AIA Group Ltd increased its position in Advanced Micro Devices by 61.5% in the 1st quarter. AIA Group Ltd now owns 30,659 shares of the semiconductor manufacturer’s stock valued at $6,237,000 after acquiring an additional 11,675 shares during the period. Mediolanum International Funds Ltd increased its position in Advanced Micro Devices by 69.2% in the 1st quarter. Mediolanum International Funds Ltd now owns 196,408 shares of the semiconductor manufacturer’s stock valued at $38,504,000 after acquiring an additional 80,354 shares during the period. Finally, Spartan Wealth Advisory Services LLC acquired a new position in Advanced Micro Devices in the 1st quarter valued at about $2,445,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Q1 results beat and bullish Q2 guide: AMD reported stronger-than-expected Q1 revenue and EPS and gave Q2 revenue guidance above Wall Street consensus, a combination that sparked heavy buying into the stock. Read More.
• Positive Sentiment: Data‑center momentum — CEO and results point to accelerating server CPU and GPU demand: management raised the long‑term server CPU opportunity to ~$120B and highlighted agentic AI driving faster-than-expected cloud spending. That narrative underpins stronger revenue and margin expectations. Read More.
• Positive Sentiment: Wall Street upgrades and price‑target lifts amplified the rally: multiple firms raised targets and issued upgrades after the beat & guide, which increases buy‑side conviction and fuels momentum. Read More.
• Positive Sentiment: Supply and capacity wins reduce near‑term constraint risk: reports of TSMC capacity wins and AMD securing critical memory allocations eased investor concerns about the company being supply‑constrained during the AI ramp. Read More.
• Neutral Sentiment: Macro and market tailwinds helped sentiment: broader risk‑on moves (oil down on Iran diplomacy, indexes rising) amplified AMD’s move — helpful context, but not an AMD‑specific fundamental change. Read More.
• Neutral Sentiment: Investor cautions on momentum/positioning: some prominent investors and technical analysts warn against chasing the move (overbought indicators, heavy post‑earnings flows), suggesting short‑term volatility even as the long‑term thesis remains intact. Read More.
• Negative Sentiment: Valuation, profit‑taking and margin pressure risks: the rally pushes valuation toward “priced for perfection,” insiders have sold shares, and rising memory prices could pressure gaming/PC demand — all reasons some analysts still urge caution or rate the stock a hold. Read More.

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.