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

$152.45
+0.14 (+0.09%)
(As of 03:25 PM ET)
Today's Range
$150.91
$154.44
50-Day Range
$128.67
$183.96
52-Week Range
$93.11
$227.30
Volume
22.74 million shs
Average Volume
60.48 million shs
Market Capitalization
$246.74 billion
P/E Ratio
224.19
Dividend Yield
N/A
Price Target
$193.45

Advanced Micro Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
26.6% Upside
$193.45 Price Target
Short Interest
Healthy
3.10% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.86
Upright™ Environmental Score
News Sentiment
0.86mentions of Advanced Micro Devices in the last 14 days
Based on 34 Articles This Week
Insider Trading
Selling Shares
$3.09 M Sold Last Quarter
Proj. Earnings Growth
70.70%
From $2.56 to $4.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Computer And Technology Sector

41st out of 602 stocks

Semiconductors & Related Devices Industry

13th out of 90 stocks

AMD stock logo

About Advanced Micro Devices Stock (NASDAQ:AMD)

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.

AMD Stock Price History

AMD Stock News Headlines

Financial markets news icon
MarketBeat Week in Review – 9/9 - 9/13 (AMD)
Markets were mostly positive this week as benign inflation numbers did nothing to dampen expectations that the Federal Reserve will cut interest rates
AMD Stock: How Real Is The 85% Upside They're Talking About?
AMD Stock: How Real Is The 85% Upside They're Talking About?
While the bulls have struggled to wrestle control of the stock back from the bears, there's been no shortage of analysts calling AMD a solid buy.
It’s over.
We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.
Intel Eyes Foundry Sale
Intel Eyes Foundry Sale: Is This the Solution to Its Stock Woes? (AMD)
Intel has announced that it is exploring options to sell off a big part of its business. If it happens, can it turn the firm around?
Faster Nvidia Chipset editorial technology backdrop, futuristic tech news. GPU company latest chips concept background — Stock Editorial Photography
The Fundamental Issue With NVIDIA Might Be Its Fundamentals (AMD)
Investors are using the 15% drop in NVIDIA stock as an opportunity to re-examine the company's valuation; long-term investors shouldn't think too hard
Akamai Technologies logo is seen in the background of a silhouetted woman holding a mobile phone
Akamai: AI Tailwinds Drive Edge Computing and Security Growth (AMD)
Akamai Technologies Inc. (NASDAQ: AKAM) is a leading content delivery network (CDN) that also provides cloud security and edge computing solutions.
Financial markets news icon
MarketBeat Week in Review – 8/19 - 8/23 (AMD)
Stocks closed the week higher on the near certainty that the Fed will cut interest rates in September, but in the short term, all eyes are on NVDA earnings
Electronic circuit board — Photo
Synopsys: Looking to Stay Ahead of Industry Trends after Solid Q3 (AMD)
Synopsys beat estimates on adjusted earnings per share and revenue. Answers to questions in the earnings call also gave positive signals.
It’s over.
We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.
AMD stock price outlook
Is AMD Closing the Gap with NVIDIA After Its Recent Acquisition? (AMD)
Advanced Micro Devices recently announced they are acquiring ZT Systems to help them compete in the data center market against Nvidia.
Palantir Technologies logo is displayed on a smartphone screen
3 High P/E Stocks That Are Still Worth Buying Right Now (AMD)
Many investors are told to avoid stocks with high P/E ratios; however, these three stocks give long-term investors reasons to buy them anyway
3 Stocks You Should Be Lining Up to Buy
3 Top Stocks To Buy For AI Exposure
See More Headlines

Company Calendar

Last Earnings
7/30/2024
Today
9/16/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

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
$193.45
High Stock Price Target
$250.00
Low Stock Price Target
$145.00
Potential Upside/Downside
+26.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
32 Analysts

Profitability

Net Income
$854 million
Pretax Margin
4.23%

Debt

Sales & Book Value

Annual Sales
$22.68 billion
Cash Flow
$4.27 per share
Book Value
$34.59 per share

Miscellaneous

Outstanding Shares
1,618,480,000
Free Float
1,604,515,000
Market Cap
$246.75 billion
Optionable
Optionable
Beta
1.69

Social Links

Should I Buy Advanced Micro Devices Stock? AMD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Advanced Micro Devices, Inc.:

  • Advanced Micro Devices, Inc. has shown consistent growth in institutional investments, indicating confidence from large financial entities.
  • The company's stock price has been relatively stable, providing a sense of security for investors.
  • Analysts have given Advanced Micro Devices, Inc. positive ratings, with a majority recommending buying or holding the stock.
  • Recent insider transactions show executives holding significant amounts of company stock, aligning their interests with shareholders.
  • Advanced Micro Devices, Inc. operates in various segments, including Data Center, Client, Gaming, and Embedded, diversifying its revenue streams.

Cons

Investors should be bearish about investing in Advanced Micro Devices, Inc. for these reasons:

  • The stock's price volatility may pose a risk to investors seeking stable returns.
  • While the company has received positive analyst ratings, there is always a degree of uncertainty in the stock market.
  • Ownership by institutional investors and hedge funds can sometimes lead to short-term fluctuations in stock price.
  • Market competition in the semiconductor industry is intense, potentially impacting Advanced Micro Devices, Inc.'s market share and profitability.
  • Investors should carefully consider the company's PE ratio, P/E/G ratio, and beta when evaluating investment opportunities.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these Advanced Micro Devices pros and cons to contact@marketbeat.com.

AMD Stock Analysis - Frequently Asked Questions

How have AMD shares performed this year?

Advanced Micro Devices' stock was trading at $147.41 at the beginning of 2024. Since then, AMD shares have increased by 3.6% and is now trading at $152.79.
View the best growth stocks for 2024 here
.

How were Advanced Micro Devices' earnings last quarter?

Advanced Micro Devices, Inc. (NASDAQ:AMD) posted its earnings results on Tuesday, July, 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. Advanced Micro Devices's revenue was up 8.9% compared to the same quarter last year.
Read the conference call transcript
.

Does Advanced Micro Devices have any subsidiaries?

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

Who are Advanced Micro Devices' major shareholders?

Top institutional shareholders of Advanced Micro Devices include Austin Private Wealth LLC, Legal & General Group Plc (0.82%), Susquehanna International Group LLP and Bank of New York Mellon Corp (0.71%). 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
.

How do I buy shares of Advanced Micro Devices?

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.

What other stocks do shareholders of Advanced Micro Devices own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC) and Block (SQ).

This page (NASDAQ:AMD) was last updated on 9/16/2024 by MarketBeat.com Staff

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