Equities Analysts Offer Predictions for AMD FY2025 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Research analysts at Cantor Fitzgerald lowered their FY2025 earnings per share (EPS) estimates for shares of Advanced Micro Devices in a note issued to investors on Wednesday, May 7th. Cantor Fitzgerald analyst C. Muse now forecasts that the semiconductor manufacturer will post earnings per share of $3.00 for the year, down from their prior forecast of $3.78. Cantor Fitzgerald has a “Overweight” rating and a $120.00 price objective on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. The business had revenue of $7.44 billion during the quarter, compared to the consensus estimate of $7.10 billion. During the same quarter last year, the company earned $0.62 earnings per share. The business’s quarterly revenue was up 35.9% compared to the same quarter last year.

Several other brokerages have also recently issued reports on AMD. Melius cut Advanced Micro Devices from a “buy” rating to a “hold” rating and cut their price objective for the company from $160.00 to $129.00 in a research note on Tuesday, January 28th. Mizuho dropped their price target on Advanced Micro Devices from $140.00 to $120.00 and set an “outperform” rating on the stock in a research report on Friday, March 14th. Citigroup reaffirmed a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, April 16th. Summit Insights upgraded shares of Advanced Micro Devices to a “hold” rating in a research note on Tuesday, February 4th. Finally, Raymond James restated an “outperform” rating and issued a $120.00 price target (down from $150.00) on shares of Advanced Micro Devices in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.13.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $102.84 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. Advanced Micro Devices has a 1 year low of $76.48 and a 1 year high of $187.28. The firm’s 50-day simple moving average is $97.41 and its 200-day simple moving average is $116.40. The firm has a market cap of $166.22 billion, a PE ratio of 103.88, a price-to-earnings-growth ratio of 1.11 and a beta of 1.97.

Institutional Trading of Advanced Micro Devices

Large investors have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth $65,897,000. Enzi Wealth acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $569,000. Welch Group LLC increased its stake in Advanced Micro Devices by 6.3% in the 4th quarter. Welch Group LLC now owns 50,466 shares of the semiconductor manufacturer’s stock worth $6,179,000 after purchasing an additional 2,981 shares in the last quarter. Stonegate Investment Group LLC raised its holdings in Advanced Micro Devices by 39.5% during the 4th quarter. Stonegate Investment Group LLC now owns 512,428 shares of the semiconductor manufacturer’s stock worth $61,896,000 after buying an additional 145,067 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in Advanced Micro Devices by 30.2% during the third quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer’s stock valued at $416,430,000 after buying an additional 588,595 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,500 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.00. Following the transaction, the executive vice president now owns 1,713,710 shares of the company’s stock, valued at $163,607,893.70. The trade was a 1.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.06% of the company’s stock.

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.