Advanced Micro Devices’ (AMD) Buy Rating Reaffirmed at Rosenblatt Securities

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating reaffirmed by investment analysts at Rosenblatt Securities in a research report issued on Tuesday, Benzinga reports. They currently have a $700.00 price objective on the semiconductor manufacturer’s stock. Rosenblatt Securities’ price objective would indicate a potential upside of 10.87% from the company’s current price.

Several other research analysts have also recently commented on AMD. Wall Street Zen cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Citigroup raised Advanced Micro Devices from a “market perform” rating to a “buy” rating in a report on Wednesday, July 22nd. William Blair reissued a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. BMO Capital Markets started coverage on Advanced Micro Devices in a research report on Thursday, August 20th. They issued an “outperform” rating and a $550.00 target price for the company. Finally, Piper Sandler assumed coverage on Advanced Micro Devices in a report on Tuesday, September 15th. They set an “overweight” rating and a $600.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $569.25.

Advanced Micro Devices Stock Performance

AMD opened at $631.37 on Tuesday. The stock has a market cap of $1.03 trillion, a PE ratio of 161.79, a P/E/G ratio of 6.58 and a beta of 2.45. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a 1 year low of $188.22 and a 1 year high of $645.46. The stock’s 50 day simple moving average is $512.65 and its 200-day simple moving average is $446.10.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.48 EPS. Sell-side analysts forecast that Advanced Micro Devices will post 6.43 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 70,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the transaction, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 213,838 shares of company stock valued at $105,533,836 over the last quarter. Insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several large investors have recently modified their holdings of AMD. Silverleafe Capital Partners LLC grew its stake in shares of Advanced Micro Devices by 20.2% in the third quarter. Silverleafe Capital Partners LLC now owns 953 shares of the semiconductor manufacturer’s stock worth $583,000 after purchasing an additional 160 shares during the last quarter. First Citizens Financial Corp lifted its holdings in shares of Advanced Micro Devices by 3.4% during the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after purchasing an additional 16 shares during the last quarter. Polaris Financial Partners purchased a new position in Advanced Micro Devices in the 3rd quarter worth approximately $496,000. CX Institutional lifted its holdings in shares of Advanced Micro Devices by 1.7% during the third quarter. CX Institutional now owns 18,140 shares of the semiconductor manufacturer’s stock valued at $11,221,000 after purchasing an additional 310 shares in the last quarter. Finally, Private Client Services LLC lifted its holdings in shares of Advanced Micro Devices by 1.7% during the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after purchasing an additional 18 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD’s established CPU business in servers and PCs provides revenue and cash flow to help fund its AI-accelerator ambitions. Analysts see substantial long-term growth in AI-driven server demand, supporting the company’s expansion beyond its traditional processor markets. Can AMD’s CPU Business Fund Its AI Chip Ambitions?
• Positive Sentiment: Wall Street Zen upgraded AMD to “Buy,” adding to the favorable analyst sentiment surrounding the company’s AI and data-center growth prospects. Advanced Micro Devices Stock Bumped Up to Buy
• Positive Sentiment: Rosenblatt reiterated a Buy rating and a $700 price target after AMD announced its planned acquisition of World Labs, an AI model and research company led by Fei-Fei Li. The deal could strengthen AMD’s software and AI capabilities, although execution will be important. AMD’s $8.2 Billion AI Bet Comes With a $1 Trillion Valuation Problem
• Neutral Sentiment: Reports describe AMD’s broader push into space and “physical AI,” adding potential long-term markets but offering limited near-term earnings visibility. Advanced Micro Devices Bets Big on Space and Physical AI
• Negative Sentiment: AMD has reportedly promised OpenAI and Meta up to 320 million shares for roughly one cent each. If issued, the awards could give two major customers meaningful ownership while increasing AMD’s share count and diluting existing investors; the arrangements appear tied to strategic customer relationships and future business commitments. AMD Has Promised OpenAI and Meta Up to 320 Million Shares
• Negative Sentiment: At approximately $1 trillion in value, AMD is being priced as a leading AI-computing winner despite Nvidia’s larger scale, faster growth, and comparatively lower valuation. With a reported P/E near 163, the stock has little room for execution misses or slower AI adoption. AMD Reaches a $1 Trillion Market Cap

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.