Wedbush Forecasts Strong Price Appreciation for Advanced Micro Devices (NASDAQ:AMD) Stock

Advanced Micro Devices (NASDAQ:AMD) had its price target upped by equities research analysts at Wedbush from $450.00 to $600.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the semiconductor manufacturer’s stock. Wedbush’s price objective points to a potential upside of 14.95% from the company’s current price.

AMD has been the topic of several other reports. Citigroup raised Advanced Micro Devices from a “market perform” rating to a “buy” rating in a research report on Wednesday. Wolfe Research set a $450.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research report on Monday, June 15th. Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price objective on shares of Advanced Micro Devices in a report on Friday. Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group lifted their target price on shares of Advanced Micro Devices from $515.00 to $640.00 and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $527.84.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $521.95 on Monday. Advanced Micro Devices has a 12 month low of $149.22 and a 12 month high of $584.73. The firm has a market capitalization of $851.09 billion, a price-to-earnings ratio of 171.13 and a beta of 2.47. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $512.60 and a 200-day moving average of $341.53.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s revenue was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. Sell-side analysts expect that Advanced Micro Devices will post 6.27 earnings per share for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 6,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $536.33, for a total value of $3,217,980.00. Following the sale, the executive vice president owned 1,233,687 shares in the company, valued at $661,663,348.71. This trade represents a 0.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 310,310 shares of company stock valued at $141,185,456 over the last ninety days. 0.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank grew its stake in Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AI event boosts confidence: AMD’s Advancing AI 2026 announcements highlighted expanded GPU capabilities, full-rack AI systems and a stronger platform strategy, reinforcing its position as Nvidia’s leading challenger. AMD: Finally Competing With Full-Rack Solutions
• Positive Sentiment: Analysts raise targets: UBS quickly increased its AMD price target after the event, while Cantor Fitzgerald reiterated an Overweight rating and Rosenblatt issued a Buy rating. Recent targets cited in coverage range as high as $700, signaling expectations for further AI-driven growth. UBS Raises AMD Stock Price Target
• Positive Sentiment: AI demand and partnerships: Coverage points to AMD’s strategic partnership with Anthropic, potential growth in AI inference and agentic-AI applications, and related demand for data-center capacity. AMD and other chip stocks also benefited from reports of South Korea’s push to expand AI infrastructure. What a Major Anthropic Chip Deal Means for AMD
• Positive Sentiment: Fundamental momentum remains strong: AMD’s latest reported quarter included revenue growth of 37.8% year over year and earnings above consensus. Investors are now focused on upcoming second-quarter results and whether AI-related demand can support current growth expectations.
• Neutral Sentiment: Valuation raises the bar: AMD’s market capitalization is approximately $851 billion, with a reported price-to-earnings ratio above 170. The stock’s strong rally means further gains likely depend on substantial execution and continued upward revisions to earnings forecasts.
• Negative Sentiment: Insider selling is a risk signal: Quiver Quantitative reports that AMD insiders, including CEO Lisa Su, have recorded sales but no open-market purchases during the past six months. While these transactions may reflect compensation or diversification, they could weigh on sentiment at the stock’s elevated valuation. AMD Stock and Trading Data

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.