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Advanced Micro Devices
AMD

$159.63
0.44%
 

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

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 61 analysts
0
News positive %
of 179 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

104% more first-time investments, than exits

New positions opened: 383 | Existing positions closed: 188

17% more repeat investments, than reductions

Existing positions increased: 986 | Existing positions reduced: 843

16% more capital invested

Capital invested by funds: $168B [Q4 2023] → $194B (+$26.6B) [Q1 2024]

13% more funds holding in top 10

Funds holding in top 10: 151 [Q4 2023] → 171 (+20) [Q1 2024]

9% more funds holding

Funds holding: 2,239 [Q4 2023] → 2,434 (+195) [Q1 2024]

3.5% less ownership

Funds ownership: 70.41% [Q4 2023] → 66.92% (-3.5%) [Q1 2024]

18% less call options, than puts

Call options by funds: $12B | Put options by funds: $14.7B

Research analyst outlook

61 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$157
2%
downside
Avg. target
$197
24%
upside
High target
$270
69%
upside

61 analyst ratings

56 positive
92%
neutral
8%
negative
0%
Susquehanna
Christopher Rolland
25%upside
$200
Positive
Maintained
10 Jun 2024
Morgan Stanley
Joseph Moore
10%upside
$176
Equal-Weight
Downgraded
10 Jun 2024
Jefferies
Blayne Curtis
19%upside
$190
Buy
Maintained
13 May 2024
Benchmark
Cody Acree
25%upside
$200
Buy
Maintained
2 May 2024
Citigroup
Christopher Danely
10%upside
$176
Buy
Maintained
1 May 2024

Financial journalist opinion

Based on 179 articles about AMD published over the past 30 days