Equities Analysts Issue Forecasts for AMD FY2025 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Advanced Micro Devices in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse forecasts that the semiconductor manufacturer will post earnings of $4.11 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $180.00 price target on the stock. The consensus estimate for Advanced Micro Devices' current full-year earnings is $2.54 per share.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, meeting the consensus estimate of $0.92. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The business had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same quarter in the previous year, the business earned $0.53 EPS. The company's quarterly revenue was up 17.6% compared to the same quarter last year.

Several other research firms have also commented on AMD. Loop Capital began coverage on Advanced Micro Devices in a report on Tuesday, January 14th. They set a "buy" rating and a $175.00 target price on the stock. Wolfe Research lowered shares of Advanced Micro Devices from an "outperform" rating to a "peer perform" rating in a report on Thursday, January 16th. Hsbc Global Res downgraded shares of Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a report on Wednesday, January 8th. Citigroup cut their price objective on shares of Advanced Micro Devices from $200.00 to $175.00 and set a "buy" rating for the company in a report on Tuesday. Finally, HSBC reiterated a "reduce" rating and issued a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $177.71.

Advanced Micro Devices Stock Performance

AMD traded down $0.20 during midday trading on Thursday, hitting $122.84. 31,516,885 shares of the company were exchanged, compared to its average volume of 37,789,918. The firm has a market capitalization of $199.35 billion, a price-to-earnings ratio of 110.67, a price-to-earnings-growth ratio of 1.09 and a beta of 1.66. The company's 50 day simple moving average is $128.36 and its 200 day simple moving average is $144.12. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a 1-year low of $114.41 and a 1-year high of $227.30.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Tempus Wealth Planning LLC lifted its stake in shares of Advanced Micro Devices by 44.3% during the fourth quarter. Tempus Wealth Planning LLC now owns 5,702 shares of the semiconductor manufacturer's stock worth $689,000 after purchasing an additional 1,750 shares in the last quarter. Calamos Wealth Management LLC grew its stake in shares of Advanced Micro Devices by 8.9% during the fourth quarter. Calamos Wealth Management LLC now owns 1,708 shares of the semiconductor manufacturer's stock valued at $206,000 after acquiring an additional 140 shares in the last quarter. Blodgett Wealth Advisors LLC increased its position in shares of Advanced Micro Devices by 3.3% during the fourth quarter. Blodgett Wealth Advisors LLC now owns 6,257 shares of the semiconductor manufacturer's stock worth $756,000 after acquiring an additional 200 shares during the last quarter. Baltimore Washington Financial Advisors Inc. lifted its stake in shares of Advanced Micro Devices by 2.2% in the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 94,698 shares of the semiconductor manufacturer's stock worth $11,439,000 after acquiring an additional 2,020 shares in the last quarter. Finally, GDS Wealth Management boosted its holdings in Advanced Micro Devices by 9.0% in the fourth quarter. GDS Wealth Management now owns 88,136 shares of the semiconductor manufacturer's stock valued at $10,646,000 after purchasing an additional 7,253 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 80,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the sale, the chief executive officer now owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. This represents a 2.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total value of $5,743,301.80. Following the sale, the executive vice president now owns 293,347 shares of the company's stock, valued at approximately $41,558,469.49. This represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 197,036 shares of company stock worth $28,165,821 over the last ninety days. Corporate insiders own 0.73% of the company's stock.

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.