Wedbush Issues Pessimistic Forecast for AMD Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Analysts at Wedbush decreased their Q1 2025 earnings per share estimates for shares of Advanced Micro Devices in a research report issued on Monday, January 27th. Wedbush analyst M. Bryson now anticipates that the semiconductor manufacturer will post earnings per share of $0.76 for the quarter, down from their previous forecast of $0.84. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.54 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.30 EPS, Q4 2025 earnings at $1.43 EPS and FY2025 earnings at $4.45 EPS.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.92. The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 earnings per share.

A number of other equities analysts have also issued reports on the company. The Goldman Sachs Group lowered Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their price target for the company from $175.00 to $129.00 in a research note on Friday, January 10th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Advanced Micro Devices in a report on Monday, October 28th. Citigroup lowered their price objective on shares of Advanced Micro Devices from $200.00 to $175.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Evercore ISI increased their target price on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, Melius Research restated a “hold” rating and issued a $129.00 price target (down previously from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.07.

Advanced Micro Devices Trading Down 0.7 %

Advanced Micro Devices stock opened at $114.17 on Tuesday. Advanced Micro Devices has a 12-month low of $112.80 and a 12-month high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78. The stock has a market capitalization of $185.28 billion, a PE ratio of 102.86, a price-to-earnings-growth ratio of 1.09 and a beta of 1.66. The firm has a 50 day simple moving average of $127.65 and a 200-day simple moving average of $142.74.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at $513,150,048.94. This trade represents a 2.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the sale, the executive vice president now owns 293,347 shares of the company’s stock, valued at $41,558,469.49. This trade represents a 12.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 197,036 shares of company stock worth $28,165,821. 0.73% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Creative Capital Management Investments LLC increased its stake in Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 86 shares during the period. ZRC Wealth Management LLC increased its position in shares of Advanced Micro Devices by 90.4% during the third quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Global Wealth Strategies & Associates acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC bought a new position in Advanced Micro Devices in the fourth quarter worth $32,000. Finally, Compass Financial Services Inc bought a new position in Advanced Micro Devices in the fourth quarter worth $39,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.