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Advanced Micro Devices (AMD) Stock Price, News & Analysis

$178.69
+6.79 (+3.95%)
(As of 07/8/2024 ET)
Today's Range
$173.22
$178.95
50-Day Range
$144.27
$178.69
52-Week Range
$93.11
$227.30
Volume
60.04 million shs
Average Volume
64.61 million shs
Market Capitalization
$288.82 billion
P/E Ratio
262.78
Dividend Yield
N/A
Price Target
$190.83

Advanced Micro Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
6.8% Upside
$190.83 Price Target
Short Interest
Healthy
2.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.97
Upright™ Environmental Score
News Sentiment
0.72mentions of Advanced Micro Devices in the last 14 days
Based on 49 Articles This Week
Insider Trading
Selling Shares
$5.24 M Sold Last Quarter
Proj. Earnings Growth
68.20%
From $2.61 to $4.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.89 out of 5 stars

Computer And Technology Sector

171st out of 568 stocks

Semiconductors & Related Devices Industry

30th out of 87 stocks

AMD stock logo

About Advanced Micro Devices Stock (NASDAQ:AMD)

Advanced Micro Devices, Inc., also known as AMD, is a semiconductor company operating in the global market. The company was incorporated in 1969 and is one of the oldest semiconductor manufacturers on the market today. Headquartered in Santa Clara, California, Advanced Micro Devices is fundamental to most verticals within the global economy.

Advanced Micro Devices operates in two segments; Computing And Graphics and Enterprise, Embedded, and Semi-Custom. Advanced Micro Devices products span a range of semiconductor applications including microprocessors, chipsets, GPUs, data centers, system-on-a-chip, development services, and technology for gaming consoles which gives it some of the broadest exposure of any semiconductor company today.

Advanced Micro Devices markets its high-performance products under a host of brands that include AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, AMD PRO A-Series, AMD Radeon graphics, and AMD Embedded Radeon graphics brands and there are pro-models available in all categories.

The company serves OEMs across all verticals, cloud service providers, independent distributors, online retailers, and add-in-board manufacturers through a network of direct sales, independent distributors, and sales representatives that have offices in all major markets.

Advanced Micro Devices is run by a team of industry-leading innovators who believe in the concepts of high-performance and adaptive computing. Adaptive Computing is a technology that can learn and alter its functioning and adapt to meet the needs of its users. The push toward adaptive computing is being led by Dr. Lisa Su who joined the team in 2012 as a Senior Vice President and is now Chairman of the Board and CEO. Before joining Advance Micro Devices Dr. Su spent 18 years working in various positions at two other very high-profile semiconductor companies that are still in operation today.

The factor that makes AMD stand out from the crowd is its twin focus on high-performance computing and high-performance graphics. This focus gives AMD an edge over the competition because it is the best at combining the two aspects into custom solutions that are driving innovations and advancements in other industries and fields of research. The latest innovation, and one hailed as the biggest advance in CPU cache technology in over a decade, is the creation of the AMD EPYC processors which include AMDs 3-D V-Cache technology. The V-Cache technology alters the way data is stored in the cache and is resulting in up to 66% improvement in performance.

If quality, performance, leadership, and innovation aren’t enough to sway an investor Advanced Micro Devices is also a leader in the push toward sustainable and green operations. The company is on track to meet the four pillars of its plan which are 1) a 50% reduction in greenhouse gas emissions by 2030 2) reach a 30X increase in efficiency for many of its processors 3) 100% of suppliers must have public GHG goals and 4) 80% of suppliers sourcing renewable energy by 2025.

AMD Stock Price History

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Company Calendar

Last Earnings
4/30/2024
Today
7/08/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:AMD
CIK
2488
Employees
26,000
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$190.83
High Stock Price Target
$250.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
30 Analysts

Profitability

Net Income
$854 million
Pretax Margin
3.00%

Debt

Sales & Book Value

Annual Sales
$22.68 billion
Cash Flow
$4.36 per share
Book Value
$34.59 per share

Miscellaneous

Outstanding Shares
1,616,310,000
Free Float
1,605,808,000
Market Cap
$288.82 billion
Optionable
Optionable
Beta
1.68

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Should I Buy Advanced Micro Devices Stock? AMD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Advanced Micro Devices, Inc.:

  • Advanced Micro Devices has shown consistent revenue growth over the past few quarters, indicating a strong business performance.
  • The company's 50-day moving average price is $159.73, which suggests a potential buying opportunity based on technical analysis.
  • Advanced Micro Devices has a diverse product portfolio, including offerings in Data Center, Client, Gaming, and Embedded segments, providing exposure to multiple high-growth markets.
  • Recent insider activity, such as EVP Mark D. Papermaster selling shares at a high price, may indicate confidence in the company's future prospects.
  • Institutional investors have been increasing their holdings in Advanced Micro Devices, signaling positive sentiment towards the stock.

Cons

Investors should be bearish about investing in Advanced Micro Devices, Inc. for these reasons:

  • Despite revenue growth, Advanced Micro Devices faces strong competition in the semiconductor industry, which could impact its market share and profitability.
  • The company's 200-day moving average price is $162.67, indicating a potential long-term downtrend based on technical analysis.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 23, 2024. Please send any questions or comments about these Advanced Micro Devices pros and cons to contact@marketbeat.com.

AMD Stock Analysis - Frequently Asked Questions

How have AMD shares performed this year?

Advanced Micro Devices' stock was trading at $147.41 at the beginning of 2024. Since then, AMD stock has increased by 21.2% and is now trading at $178.69.
View the best growth stocks for 2024 here
.

How were Advanced Micro Devices' earnings last quarter?

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its quarterly earnings results on Tuesday, April, 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. Advanced Micro Devices's quarterly revenue was up 2.2% on a year-over-year basis.
Read the conference call transcript
.

What is Dr. Lisa Su's approval rating as Advanced Micro Devices' CEO?

1,032 employees have rated Advanced Micro Devices Chief Executive Officer Dr. Lisa Su on Glassdoor.com. Dr. Lisa Su has an approval rating of 99% among the company's employees. This puts Dr. Lisa Su in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at Advanced Micro Devices to a friend.

Does Advanced Micro Devices have any subsidiaries?

Advanced Micro Devices subsidiaries include these companies: Xilinx, Nitero Inc., HiAlgo, SeaMicro, ATI Technologies Inc, Alchemy Semiconductor, 1252986 Alberta ULC, and others.

Who are Advanced Micro Devices' major shareholders?

Advanced Micro Devices' top institutional shareholders include DNB Asset Management AS (0.02%), Hudson Valley Investment Advisors Inc. ADV, ST Germain D J Co. Inc. and Trust Co. of Toledo NA OH. Insiders that own company stock include Lisa T Su, Mark D Papermaster, Harry A Wolin, Devinder Kumar, Forrest Eugene Norrod, Victor Peng, Rick Bergman, Paul Darren Grasby, John Edward Caldwell, Darla M Smith and Joseph A Householder.
View institutional ownership trends
.

How do I buy shares of Advanced Micro Devices?

Shares of AMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Advanced Micro Devices own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC) and Block (SQ).

This page (NASDAQ:AMD) was last updated on 7/9/2024 by MarketBeat.com Staff

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