Advanced Micro Devices
AMD
Market cap $264B

162.85 USD

+3.07

1.92%

At close Oct 3, 4:00 PM EDT

Pre-market

164.50

+1.65

1.01%

1 day

1.92%

5 days

-2.76%

1 month

18.92%

3 months

-0.64%

6 months

-9.91%

Year to date

17.51%

1 year

62.72%

5 years

467.82%

About: Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.

Employees: 26,000

Information Technology Semiconductors & Related Devices

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 16 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

49% more repeat investments, than reductions

Existing positions increased: 1,176 | Existing positions reduced: 790

0.78% less ownership

Funds ownership: 68.75% [Q1] → 67.97% (-0.78%) [Q2]

3% less funds holding

Funds holding: 2,492 [Q1] → 2,415 (-77) [Q2]

9% less capital invested

Capital invested by funds: $200B [Q1] → $181B (-$18.4B) [Q2]

23% less funds holding in top 10

Funds holding in top 10: 175 [Q1] → 134 (-41) [Q2]

28% less first-time investments, than exits

New positions opened: 196 | Existing positions closed: 273

28% less call options, than puts

Call options by funds: $14.5B | Put options by funds: $20.3B

See Fund Rankings

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$156

4%

downside

Avg. target

$195

20%

upside

High target

$250

54%

upside

16 analyst ratings

14 positive

88%

2 neutral

13%

0 negative

0%

B of A Securities Vivek Arya 52% 1-year accuracy 23 / 44 met price target	11%upside $180	Buy Reiterated	3 Oct 2024
Morgan Stanley Joseph Moore 56% 1-year accuracy 22 / 39 met price target	9%upside $178	Equal-Weight Maintained	31 Jul 2024
Susquehanna Christopher Rolland 60% 1-year accuracy 25 / 42 met price target	23%upside $200	Positive Maintained	31 Jul 2024
B of A Securities Vivek Arya 52% 1-year accuracy 23 / 44 met price target	11%upside $180	Buy Maintained	31 Jul 2024
Wedbush Matt Bryson 53% 1-year accuracy 17 / 32 met price target	23%upside $200	Outperform Reiterated	31 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 79 articles about AMD published over the past 30 days

Wall Street predicts AMD stock price for next 12 months

As the October 10 artificial intelligence (AI) event approaches, at which Advanced Micro Devices (NASDAQ: AMD) will unveil roadmap updates regarding its AI and server CPU advancements, Wall Street analysts remain optimistic in terms of AMD stock price for the next 12 months.

Wall Street predicts AMD stock price for next 12 months

The Motley Fool

5 Super Semiconductor Stocks to Buy Hand Over Fist Heading Into 2025

Hundreds of billions of dollars in artificial intelligence-related spending could flow to chip companies next year.

5 Super Semiconductor Stocks to Buy Hand Over Fist Heading Into 2025

S&P 500 falls as oil prices go higher; NVIDIA, AMD, ExxonMobil, Chevron stocks up

US markets dipped again on Thursday as escalating geopolitical tensions in the Middle East pushed oil prices higher. The Dow Jones Industrial Average fell 285 points, or 0.7% while the S&P 500 index was down 0.3% at 5,692.05.

S&P 500 falls as oil prices go higher; NVIDIA, AMD, ExxonMobil, Chevron stocks up

12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence

Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, up 71% and 82%, respectively, in the past 12 months. Bitcoin miners are increasingly pivoting to artificial intelligence data center operations, leveraging their existing infrastructure and expertise to capitalize on the growing demand for AI computing.

12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence

AMD Is Overvalued Ahead Of Q3, But The Bull Case Is Still Alive

AMD has gained 21% in price since my August analysis, and I believe the stock is positioned for a further 20%+ market cap growth over the next 12 months. This strong growth investment can still deliver alpha even though it is overvalued. There may be even better entry points that occur over the next few quarters. Q3 earnings in October will reveal crucial insights on the ZT Systems acquisition, as well as reveal how AMD is developing in the GPU and CPU markets.

AMD Is Overvalued Ahead Of Q3, But The Bull Case Is Still Alive

AMD Looks Ready To Breakout Or Breakdown (Technical Analysis)

AMD is poised for a potential breakout from its current trading range, driven by strong Q2 earnings and robust Data Center revenue growth. The acquisition of ZT Systems enhances AMD's AI and data center capabilities, potentially boosting revenue and market position. Risks include failing to break resistance at $160 and negative analyst sentiment regarding the ZT Systems acquisition or data center guidance when it reports Q3 earnings later this month.

AMD Looks Ready To Breakout Or Breakdown (Technical Analysis)

AMD Launches EPYC Embedded 8004 Processors with Zen 4c Architecture

AMD has announced the release of its EPYC Embedded 8004 series processors, a part of the fourth-generation EPYC Embedded product line. These processors, built on the latest Zen 4c architecture, cater to embedded networks, security/firewall systems, storage systems in cloud and enterprise computing, and industrial edge servers in factory workshops.

AMD Launches EPYC Embedded 8004 Processors with Zen 4c Architecture

Zacks Investment Research

Why Advanced Micro (AMD) Could Beat Earnings Estimates Again

Advanced Micro (AMD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Advanced Micro (AMD) Could Beat Earnings Estimates Again

"There's Plenty of Room" for NVDA & AMD in A.I. Space

Francisco Bido with F/M Investments says A.I. has "not been fully priced" into the markets yet.

"There's Plenty of Room" for NVDA & AMD in A.I. Space

India to fabricate its first chip in two years as Nvidia, AMD and Micron pledge to expand to the country

India will fabricate its first chip in two years, Commerce Minister Piyush Goyal told CNBC during a one-on-one interview with CNBC in New York. India's push into semiconductors comes as more U.S. chipmakers set their sights on India.

India to fabricate its first chip in two years as Nvidia, AMD and Micron pledge to expand to the country

See News Rankings

Charts implemented using Lightweight Charts™