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

$157.81
+1.41 (+0.90%)
(As of 08/21/2024 ET)
Today's Range
$155.07
$158.65
50-Day Range
$128.67
$183.96
52-Week Range
$93.11
$227.30
Volume
42.72 million shs
Average Volume
63.06 million shs
Market Capitalization
$255.07 billion
P/E Ratio
232.08
Dividend Yield
N/A
Price Target
$193.45

Advanced Micro Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
22.6% Upside
$193.45 Price Target
Short Interest
Healthy
2.68% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.86
Upright™ Environmental Score
News Sentiment
0.72mentions of Advanced Micro Devices in the last 14 days
Based on 66 Articles This Week
Insider Trading
Selling Shares
$5.67 M Sold Last Quarter
Proj. Earnings Growth
68.99%
From $2.58 to $4.36 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

37th out of 594 stocks

Semiconductors & Related Devices Industry

10th out of 85 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

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.
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Super Micro Computers Splits Stock: Is This the Time to Buy? (AMD)
Supermicro Computer is down on tepid results, but the cash flow, guidance, and upcoming stock split make it a screaming buy at these levels.
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Intel Loses a Quarter of Its Value After Horrible Earnings Report (AMD)
Intel posted disastrous results in its Q2 2024 earnings. Shares fell over 25%. Something big needs to change to turn the company around.
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3 AI Stocks That You Can Buy and Hold Forever (AMD)
These AI stocks are applying the technology and generating value today that will grow over time as the AI-supercycle unfolds.
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Has Micron's Stock Drop Turned Into A Screaming Buy? (AMD)
In the first week of July the team over at KeyCorp reiterated their Overweight rating on the stock and boosted their price target up to $165.
“Generational buying opportunity” - Blackstone
The decline of Baltimore is symbolic of a financial sea-change that is unfolding all across the country… One that almost nobody else has connected the dots on, but that I believe could either enrich or impoverish millions over the next 12 to 24 months.
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It’s Time to Rotate Into These Russell 2000 Stocks (AMD)
The market is rotating out of large caps and into small caps, pushing the Russell 2000 up more than 10% while major indices are crashing.
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Tech Stocks Tumble, These Stocks Present Buying Opportunity (AMD)
CRWD, AMD, and HUBS have all dropped close to or over 30% from their 52-week highs, raising questions about potential buying opportunities.
AMD (Nasdaq: AMD) Finds NVIDIA's (Nasdaq: NVDA) Weak Spot
See More Headlines
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Company Calendar

Last Earnings
7/30/2024
Today
8/21/2024
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
+22.6%
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
$23.28 billion
Cash Flow
$5.00 per share
Book Value
$34.93 per share

Miscellaneous

Outstanding Shares
1,616,314,000
Free Float
1,604,515,000
Market Cap
$255.07 billion
Optionable
Optionable
Beta
1.69

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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 reported a strong quarterly earnings performance, beating the consensus EPS estimate by $0.01, indicating positive financial health and potential growth.
  • The company has a market capitalization of $214.23 billion, reflecting its significant size and stability in the market.
  • Recent institutional trading activities show increased stake by hedge funds and institutional investors, signaling confidence in the company's future prospects.
  • Advanced Micro Devices has a diverse operating segment portfolio, including Data Center, Client, Gaming, and Embedded segments, providing exposure to multiple growing markets.
  • Despite a slight decrease in stock price from previous highs, the current stock price of $158.94 presents a potential buying opportunity for investors seeking value.

Cons

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

  • The stock has a high price-to-earnings ratio of 194.91, indicating that the stock may be overvalued compared to its earnings, potentially leading to limited upside for investors.
  • Advanced Micro Devices has a beta of 1.68, suggesting higher volatility compared to the market average, which may pose risks for investors seeking stability.
  • While revenue growth has been positive, the company's return on equity of 6.00% is relatively low, indicating potential inefficiencies in capital utilization.
  • The debt-to-equity ratio of 0.03 may raise concerns about the company's leverage and financial risk management strategies.
  • Despite recent positive developments, the stock's 12-month high of $227.30 may indicate potential resistance levels for further price appreciation.
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 Tuesday, August 6, 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 the year. Since then, AMD stock has increased by 7.1% and is now trading at $157.81.
View the best growth stocks for 2024 here
.

How were Advanced Micro Devices' earnings last quarter?

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

What is Dr. Lisa Su's approval rating as Advanced Micro Devices' CEO?

1,032 employees have rated Advanced Micro Devices Chief Executive Officer Dr. Lisa Su on Glassdoor.com. Dr. Lisa Su has an approval rating of 99% among the company's employees. This puts Dr. Lisa Su in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at Advanced Micro Devices to a friend.

Does Advanced Micro Devices have any subsidiaries?

The following companies are subsidiaries of Advanced Micro Devices: Xilinx, Nitero Inc., HiAlgo, SeaMicro, ATI Technologies Inc, Alchemy Semiconductor, 1252986 Alberta ULC, and more.

Who are Advanced Micro Devices' major shareholders?

Advanced Micro Devices' top institutional investors 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 8/22/2024 by MarketBeat.com Staff

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