Equities Analysts Issue Forecasts for AMD FY2027 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Equities research analysts at Zacks Research issued their FY2027 EPS estimates for Advanced Micro Devices in a note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department anticipates that the semiconductor manufacturer will post earnings per share of $5.73 for the year. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.

Other equities analysts have also recently issued reports about the company. Mizuho dropped their target price on Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Morgan Stanley set a $137.00 price target on Advanced Micro Devices in a research report on Wednesday, February 5th. Wolfe Research cut Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Truist Financial set a $130.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Finally, Argus set a $160.00 price target on shares of Advanced Micro Devices in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $155.83.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $99.51 on Thursday. The firm has a market capitalization of $161.25 billion, a PE ratio of 100.52, a PEG ratio of 1.11 and a beta of 1.66. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a 1-year low of $99.50 and a 1-year high of $227.30. The business’s 50 day moving average is $117.33 and its 200-day moving average is $137.15.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AMD. Creative Capital Management Investments LLC lifted its position in Advanced Micro Devices by 124.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 86 shares in the last quarter. Bear Mountain Capital Inc. acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $25,000. Global Wealth Strategies & Associates acquired a new position in Advanced Micro Devices during the fourth quarter valued at approximately $26,000. Greenline Partners LLC bought a new position in Advanced Micro Devices in the fourth quarter valued at approximately $28,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth approximately $29,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In related news, EVP Philip Guido bought 4,645 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the purchase, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. 0.65% of the stock is owned by corporate insiders.

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.