Wedbush Predicts Reduced Earnings for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) - Stock analysts at Wedbush reduced their Q1 2025 earnings per share (EPS) estimates for shares of Advanced Micro Devices in a research report issued on Monday, January 27th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will post earnings of $0.76 per share for the quarter, down from their previous forecast of $0.84. The consensus estimate for Advanced Micro Devices' current full-year earnings is $2.54 per share. Wedbush also issued estimates for Advanced Micro Devices' Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.30 EPS, Q4 2025 earnings at $1.43 EPS and FY2025 earnings at $4.45 EPS.

Other research analysts have also issued reports about the stock. Bank of America lowered shares of Advanced Micro Devices from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $180.00 to $155.00 in a research note on Monday, December 9th. Roth Mkm reissued a "buy" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 11th. Susquehanna dropped their target price on Advanced Micro Devices from $200.00 to $165.00 and set a "positive" rating for the company in a report on Wednesday. HSBC reiterated a "reduce" rating and set a $110.00 price target (down previously from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group cut shares of Advanced Micro Devices from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $175.00 to $129.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $169.77.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD traded down $2.91 during trading on Tuesday, reaching $115.95. The stock had a trading volume of 40,446,851 shares, compared to its average volume of 35,441,836. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. Advanced Micro Devices has a 1-year low of $112.80 and a 1-year high of $227.30. The stock has a market cap of $188.16 billion, a PE ratio of 104.46, a PEG ratio of 1.04 and a beta of 1.66. The business has a fifty day moving average price of $125.92 and a 200-day moving average price of $141.49.

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

Institutional Trading of Advanced Micro Devices

A number of large investors have recently made changes to their positions in AMD. International Assets Investment Management LLC boosted its holdings in shares of Advanced Micro Devices by 17,137.3% in the third quarter. International Assets Investment Management LLC now owns 7,860,909 shares of the semiconductor manufacturer's stock valued at $1,289,818,000 after acquiring an additional 7,815,305 shares during the period. Assenagon Asset Management S.A. boosted its stake in Advanced Micro Devices by 42.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,420,766 shares of the semiconductor manufacturer's stock worth $1,381,679,000 after purchasing an additional 2,497,056 shares during the period. Van ECK Associates Corp grew its position in Advanced Micro Devices by 23.3% during the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer's stock worth $1,432,538,000 after purchasing an additional 2,238,866 shares during the last quarter. State Street Corp grew its position in Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer's stock worth $11,513,538,000 after purchasing an additional 1,580,035 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Advanced Micro Devices by 8.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer's stock valued at $3,195,000,000 after purchasing an additional 1,565,083 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 80,000 shares of the company's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the completion of the transaction, 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 SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the sale, the executive vice president now owns 293,347 shares in the company, valued at $41,558,469.49. This represents a 12.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 197,036 shares of company stock valued at $28,165,821 over the last quarter. 0.73% of the stock is owned by insiders.

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.