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Advanced Micro Devices (AMD) Stock Price, News & Analysis

Advanced Micro Devices logo
$141.86
-2.21 (-1.53%)
(As of 11/1/2024 ET)

About Advanced Micro Devices Stock (NASDAQ:AMD)

Key Stats

Today's Range
$141.32
$144.50
50-Day Range
$134.35
$172.80
52-Week Range
$105.91
$227.30
Volume
38.94 million shs
Average Volume
56.72 million shs
Market Capitalization
$229.60 billion
P/E Ratio
127.80
Dividend Yield
N/A
Price Target
$192.79
Consensus Rating
Moderate Buy

Company Overview

Advanced Micro Devices, Inc., also known as AMD, is a semiconductor company operating in the global market. The company was incorporated in 1969 and is one of the oldest semiconductor manufacturers on the market today. Headquartered in Santa Clara, California, Advanced Micro Devices is fundamental to most verticals within the global economy.

Advanced Micro Devices operates in two segments; Computing And Graphics and Enterprise, Embedded, and Semi-Custom. Advanced Micro Devices products span a range of semiconductor applications including microprocessors, chipsets, GPUs, data centers, system-on-a-chip, development services, and technology for gaming consoles which gives it some of the broadest exposure of any semiconductor company today.

Advanced Micro Devices markets its high-performance products under a host of brands that include AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, AMD PRO A-Series, AMD Radeon graphics, and AMD Embedded Radeon graphics brands and there are pro-models available in all categories.

The company serves OEMs across all verticals, cloud service providers, independent distributors, online retailers, and add-in-board manufacturers through a network of direct sales, independent distributors, and sales representatives that have offices in all major markets.

Advanced Micro Devices is run by a team of industry-leading innovators who believe in the concepts of high-performance and adaptive computing. Adaptive Computing is a technology that can learn and alter its functioning and adapt to meet the needs of its users. The push toward adaptive computing is being led by Dr. Lisa Su who joined the team in 2012 as a Senior Vice President and is now Chairman of the Board and CEO. Before joining Advance Micro Devices Dr. Su spent 18 years working in various positions at two other very high-profile semiconductor companies that are still in operation today.

The factor that makes AMD stand out from the crowd is its twin focus on high-performance computing and high-performance graphics. This focus gives AMD an edge over the competition because it is the best at combining the two aspects into custom solutions that are driving innovations and advancements in other industries and fields of research. The latest innovation, and one hailed as the biggest advance in CPU cache technology in over a decade, is the creation of the AMD EPYC processors which include AMDs 3-D V-Cache technology. The V-Cache technology alters the way data is stored in the cache and is resulting in up to 66% improvement in performance.

If quality, performance, leadership, and innovation aren’t enough to sway an investor Advanced Micro Devices is also a leader in the push toward sustainable and green operations. The company is on track to meet the four pillars of its plan which are 1) a 50% reduction in greenhouse gas emissions by 2030 2) reach a 30X increase in efficiency for many of its processors 3) 100% of suppliers must have public GHG goals and 4) 80% of suppliers sourcing renewable energy by 2025.

Advanced Micro Devices Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

AMD MarketRank™: 

Advanced Micro Devices scored higher than 98% of companies evaluated by MarketBeat, and ranked 32nd out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Advanced Micro Devices has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 28 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Advanced Micro Devices has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Advanced Micro Devices' stock forecast and price target.
  • Earnings Growth

    Earnings for Advanced Micro Devices are expected to grow by 70.70% in the coming year, from $2.56 to $4.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Advanced Micro Devices is 127.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Advanced Micro Devices is 127.80, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.32.

  • Price to Earnings Growth Ratio

    Advanced Micro Devices has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Advanced Micro Devices has a P/B Ratio of 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Advanced Micro Devices' valuation and earnings.
  • Percentage of Shares Shorted

    2.93% of the outstanding shares of Advanced Micro Devices have been sold short.
  • Short Interest Ratio / Days to Cover

    Advanced Micro Devices has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Advanced Micro Devices has recently increased by 6.28%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Advanced Micro Devices does not currently pay a dividend.

  • Dividend Growth

    Advanced Micro Devices does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.93% of the outstanding shares of Advanced Micro Devices have been sold short.
  • Short Interest Ratio / Days to Cover

    Advanced Micro Devices has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Advanced Micro Devices has recently increased by 6.28%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Advanced Micro Devices has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 93 news articles for Advanced Micro Devices this week, compared to 40 articles on an average week.
  • Search Interest

    621 people have searched for AMD on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.
  • MarketBeat Follows

    168 people have added Advanced Micro Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Advanced Micro Devices insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.73% of the stock of Advanced Micro Devices is held by insiders.

  • Percentage Held by Institutions

    71.34% of the stock of Advanced Micro Devices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Advanced Micro Devices' insider trading history.
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AMD Stock News Headlines

Closeup electronic board, toned image — Photo
3 Chip Stocks Expected to See Accelerating Sales Growth (AMD)
These three chip stocks have managed solid returns in 2024 despite uninspiring revenue growth. Analysts are expected their sales growth to increase faster soon.
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Advanced Micro Devices is Building Momentum with AI: Buy the Dip
Advanced Micro Devices price plunge is an opportunity for investors they shouldn't pass up. The long-term opportunity outweighs near-term market sentiment.
Market "Famine" Coming
Market Wizard Larry Benedict accurately predicted that all indexes would be negative in 2022... He predicted the 2020 crash a month before it happened...
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MaxLinear: Staging a Turnaround for the AI Broadband Chip Maker (AMD)
MaxLinear (MXL) designs high-speed communication chips and expects growth with Wi-Fi 7 and Ethernet adoption, targeting a 60% stock price upside.
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MarketBeat Week in Review – 10/21- 10/25 (AMD)
Equities had a mixed week, but the tech-heavy NASDAQ powered to an all-time high; big tech earnings and key economic reports could bring more volatility
Advanced Micro Devices (NASDAQ:AMD) Receives "Buy" Rating from Benchmark
See More Headlines

AMD Stock Analysis - Frequently Asked Questions

Advanced Micro Devices' stock was trading at $147.41 at the beginning of 2024. Since then, AMD shares have decreased by 3.8% and is now trading at $141.86.
View the best growth stocks for 2024 here
.

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its quarterly earnings data on Tuesday, October, 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, meeting the consensus estimate of $0.92. The company's quarterly revenue was up 17.6% on a year-over-year basis.
Read the conference call transcript
.

Advanced Micro Devices subsidiaries include these companies: Xilinx, Nitero Inc., HiAlgo, SeaMicro, ATI Technologies Inc, Alchemy Semiconductor, 1252986 Alberta ULC, and more.

Top institutional investors of Advanced Micro Devices include Van ECK Associates Corp (0.60%), Assenagon Asset Management S.A. (0.52%), International Assets Investment Management LLC (0.49%) and National Pension Service (0.19%). Insiders that own company stock include Lisa T Su, Mark D Papermaster, Harry A Wolin, Devinder Kumar, Forrest Eugene Norrod, Victor Peng, Rick Bergman, Paul Darren Grasby, John Edward Caldwell, Darla M Smith and Joseph A Householder.
View institutional ownership trends
.

Shares of AMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Advanced Micro Devices investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Broadcom (AVGO), Netflix (NFLX), Intel (INTC) and Salesforce (CRM).

Company Calendar

Last Earnings
10/29/2024
Today
11/01/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:AMD
CIK
2488
Employees
26,000
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$192.79
High Stock Price Target
$250.00
Low Stock Price Target
$145.00
Potential Upside/Downside
+35.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
32 Analysts

Profitability

Net Income
$854 million
Pretax Margin
6.03%

Debt

Sales & Book Value

Annual Sales
$24.30 billion
Cash Flow
$4.01 per share
Book Value
$35.21 per share

Miscellaneous

Outstanding Shares
1,618,482,000
Free Float
1,606,667,000
Market Cap
$229.60 billion
Optionable
Optionable
Beta
1.70

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This page (NASDAQ:AMD) was last updated on 11/2/2024 by MarketBeat.com Staff
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