Roth Capital Analysts Increase Earnings Estimates for AMD

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Equities research analysts at Roth Capital lifted their Q1 2026 earnings per share estimates for Advanced Micro Devices in a research note issued to investors on Tuesday, November 4th. Roth Capital analyst S. Desilva now anticipates that the semiconductor manufacturer will earn $0.91 per share for the quarter, up from their prior forecast of $0.87. Roth Capital currently has a “Buy” rating and a $300.00 target price on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Roth Capital also issued estimates for Advanced Micro Devices’ Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.31 EPS and Q4 2026 earnings at $1.49 EPS.

Several other analysts have also recently commented on the stock. Stifel Nicolaus raised their price target on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. KGI Securities set a $260.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research note on Monday, October 13th. Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday. Finally, Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.26.

Advanced Micro Devices Stock Down 4.6%

NASDAQ:AMD traded down $10.89 on Friday, hitting $226.81. 16,720,717 shares of the company’s stock traded hands, compared to its average volume of 49,671,188. The company has a market cap of $368.08 billion, a PE ratio of 130.36, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. Advanced Micro Devices has a 1 year low of $76.48 and a 1 year high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average price of $197.92 and a 200-day moving average price of $157.32.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the prior year, the company posted $0.69 earnings per share. The firm’s revenue was up 31.7% on a year-over-year basis.

Insiders Place Their Bets

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 274,118 shares of company stock valued at $46,180,719 in the last three months. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AMD. Vanguard Group Inc. raised its stake in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock valued at $21,944,673,000 after buying an additional 2,281,508 shares in the last quarter. State Street Corp increased its stake in Advanced Micro Devices by 0.8% in the second quarter. State Street Corp now owns 72,069,259 shares of the semiconductor manufacturer’s stock valued at $10,226,628,000 after acquiring an additional 581,330 shares during the period. Geode Capital Management LLC raised its position in Advanced Micro Devices by 1.4% in the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock worth $5,181,556,000 after purchasing an additional 514,445 shares in the last quarter. Norges Bank acquired a new position in Advanced Micro Devices in the second quarter worth about $3,094,662,000. Finally, Amundi lifted its stake in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.