AMD stock icon

Advanced Micro Devices
AMD

$139.99
1.21%

Market Cap: 226B

 

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 6,702 funds
0
Analysts bullish %
of 57 analysts
0
News positive %
of 155 articles

Fund manager confidence

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

122% more first-time investments, than exits

New positions opened: 389 | Existing positions closed: 175

16% more repeat investments, than reductions

Existing positions increased: 990 | Existing positions reduced: 852

16% more capital invested

Capital invested by funds: $168B [Q4 2023] → $194B (+$26.8B) [Q1 2024]

14% more funds holding in top 10

Funds holding in top 10: 151 [Q4 2023] → 172 (+21) [Q1 2024]

10% more funds holding

Funds holding: 2,239 [Q4 2023] → 2,453 (+214) [Q1 2024]

3.45% less ownership

Funds ownership: 70.4% [Q4 2023] → 66.95% (-3.45%) [Q1 2024]

26% less call options, than puts

Call options by funds: $16.1B | Put options by funds: $21.8B

Research analyst outlook

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

Low target
$162
16%
upside
Avg. target
$200
43%
upside
High target
$270
93%
upside

57 analyst ratings

52 positive
91%
neutral
9%
negative
0%
Susquehanna
Christopher Rolland
43%upside
$200
Positive
Maintained
25 Jul 2024
Cantor Fitzgerald
C J Muse
43%upside
$200
Overweight
Maintained
16 Jul 2024
TD Cowen
Matthew Ramsay
50%upside
$210
Buy
Maintained
15 Jul 2024
Citigroup
Christopher Danely
50%upside
$210
Buy
Maintained
15 Jul 2024
Wells Fargo
Aaron Rakers
46%upside
$205
Overweight
Maintained
11 Jul 2024

Financial journalist opinion

Based on 155 articles about AMD published over the past 30 days