S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought

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

$107.57
-2.66 (-2.41%)
(As of 08/11/2023 08:47 PM ET)
Compare
Today's Range
$106.48
$109.07
50-Day Range
$107.51
$129.19
52-Week Range
$54.57
$132.83
Volume
55.67 million shs
Average Volume
65.11 million shs
Market Capitalization
$173.80 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$135.19

Advanced Micro Devices MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
25.7% Upside
$135.19 Price Target
Short Interest
Healthy
1.55% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.09
Upright™ Environmental Score
News Sentiment
1.03mentions of Advanced Micro Devices in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$30.76 M Sold Last Quarter
Proj. Earnings Growth
60.40%
From $2.02 to $3.24 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.09 out of 5 stars

Computer And Technology Sector

25th out of 607 stocks

Semiconductors & Related Devices Industry

6th out of 85 stocks


AMD stock logo

About Advanced Micro Devices (NASDAQ:AMD) Stock

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 Price History

AMD Stock News Headlines

Drinks, Chips & Drugs: A Surprising List of 10-Year Stock Winners (AMD)
A handful of large caps have taken things to another level. These three stocks have blown past the herd — and may be market leaders for years to come.
Dividend Stocks Lag Behind 2023 Market Rally as AI Stocks Surge (AMD)
Dividend stocks are underperforming as AI stocks surge. However, over the long haul, dividend stocks will almost certainly contribute more to total S&P return.
Don't miss your 3rd and final chance!
You missed your chance on Pfizer... ...which soared 600% after it released Lipitor in 1997. You missed your chance on Bristol Myers... ...which soared 500% after releasing Metformin in 1994. Both of these drugs broke records and made their investors rich. But there's one opportunity you didn't miss - and Morgan Stanley predicts it will be bigger than both of these combined! Get all the details here.
The 10 Stocks MarketBeat Readers Like Best  (AMD)
Marketbeat readers have spoken! These are the 10 most-followed stocks on the platform and momentum is building for some interesting names.
MarketBeat Week in Review – 07/31 - 08/04 (AMD)
A weaker than expected jobs report lifted the market but next week's CPI and PPI reports could change investor sentiment
Is AMD Ready To Rocket Higher? 
Advanced Micro Devices had a solid quarter, with demand for AI products up 7X and the MI300 chip ready to ramp in Q4 2023.
Wall Street Insider Makes Prediction about Hot A.I. Stock
50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.
AMD: Best AI Investment Available
Should These 3 Chip Stocks Be on Your Radar?
Where Will AMD Be in 1 Year?
The AI stock bubble may be popping
AMD: It's Not Just When To Buy, But When To Sell
See More Headlines
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AMD Company Calendar

Last Earnings
8/01/2023
Today
8/13/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:AMD
CIK
2488
Employees
25,000
Year Founded
1969

Price Target and Rating

Average Stock Price Forecast
$135.19
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+25.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
30 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
-1.55%

Debt

Sales & Book Value

Annual Sales
$23.60 billion
Cash Flow
$5.68 per share
Book Value
$34.13 per share

Miscellaneous

Outstanding Shares
1,615,670,000
Free Float
1,603,877,000
Market Cap
$173.80 billion
Optionable
Optionable
Beta
1.83

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Key Executives

  • Dr. Lisa T. Su Ph.D. (Age 53)
    Chair & CEO
    Comp: $2.12M
  • Mr. Victor  PengMr. Victor Peng (Age 63)
    Pres
    Comp: $6.09M
  • Mr. Mark D. PapermasterMr. Mark D. Papermaster (Age 61)
    CTO and Exec. VP of Technology & Engineering
    Comp: $1.14M
  • Mr. Paul Darren Grasby (Age 53)
    Exec. VP of Strategic Partnerships & Pres EMEA
    Comp: $921.47k
  • Ms. Jean X. Hu (Age 60)
    Exec. VP, CFO & Treasurer
  • Mr. Keivan Keshvari
    Sr. VP of Global Operations
  • Ms. Darla M. Smith (Age 57)
    Corp. VP & Chief Accounting Officer
  • Mr. Hasmukh Ranjan
    Sr. VP & Chief Information Officer
  • Mr. Harry A. WolinMr. Harry A. Wolin (Age 60)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Ms. Ruth Cotter
    Sr. VP of Marketing, Communications & HR













AMD Stock - Frequently Asked Questions

Should I buy or sell Advanced Micro Devices stock right now?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last twelve months. There are currently 7 hold ratings, 22 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMD shares.
View AMD analyst ratings
or view top-rated stocks.

What is Advanced Micro Devices' stock price forecast for 2023?

30 Wall Street research analysts have issued 1 year price targets for Advanced Micro Devices' shares. Their AMD share price forecasts range from $80.00 to $200.00. On average, they expect the company's share price to reach $135.19 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for AMD
or view top-rated stocks among Wall Street analysts.

How have AMD shares performed in 2023?

Advanced Micro Devices' stock was trading at $64.77 at the beginning of 2023. Since then, AMD shares have increased by 66.1% and is now trading at $107.57.
View the best growth stocks for 2023 here
.

When is Advanced Micro Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our AMD earnings forecast
.

How were Advanced Micro Devices' earnings last quarter?

Advanced Micro Devices, Inc. (NASDAQ:AMD) released its quarterly earnings results on Tuesday, August, 1st. The semiconductor manufacturer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The semiconductor manufacturer had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.32 billion. Advanced Micro Devices had a negative net margin of 0.11% and a positive trailing twelve-month return on equity of 5.69%. The business's revenue for the quarter was down 18.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 earnings per share.
Read the conference call transcript
.

What guidance has Advanced Micro Devices issued on next quarter's earnings?

Advanced Micro Devices issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.40 billion-$6.00 billion, compared to the consensus revenue estimate of $5.82 billion.

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.

What other stocks do shareholders of Advanced Micro Devices own?

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

What is Advanced Micro Devices' stock symbol?

Advanced Micro Devices trades on the NASDAQ under the ticker symbol "AMD."

Who are Advanced Micro Devices' major shareholders?

Advanced Micro Devices' stock is owned by many different retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (29.30%), Geode Capital Management LLC (1.88%), Fisher Asset Management LLC (1.67%), Jennison Associates LLC (1.59%), Northern Trust Corp (0.96%) and Bank of New York Mellon Corp (0.81%). Insiders that own company stock include Darla M Smith, Darla M Smith, Devinder Kumar, Douglas N Comings, Forrest Eugene Norrod, Harry A Wolin, John Edward Caldwell, Lisa T Su, Lisa T Su, Mark D Papermaster, Paul Darren Grasby, Rick Bergman and Victor Peng.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Advanced Micro Devices' stock price today?

One share of AMD stock can currently be purchased for approximately $107.57.

How much money does Advanced Micro Devices make?

Advanced Micro Devices (NASDAQ:AMD) has a market capitalization of $173.80 billion and generates $23.60 billion in revenue each year. The semiconductor manufacturer earns $1.32 billion in net income (profit) each year or ($0.02) on an earnings per share basis.

How many employees does Advanced Micro Devices have?

The company employs 25,000 workers across the globe.

Does Advanced Micro Devices have any subsidiaries?
The following companies are subsidiares of Advanced Micro Devices: 1252986 Alberta ULC, AMD (EMEA) LTD., AMD Advanced Micro Devices Israel Ltd., AMD Advanced Research LLC, AMD Corporation, AMD Far East Ltd., AMD India Private Limited, AMD International Sales & Service Ltd., AMD Japan Ltd., AMD Latin America Ltd., AMD Products (China) Co. Ltd, AMD South America LTDA, AMD Technology Development (Beijing) Co. Ltd., ATI International SRL, ATI Technologies (Bermuda) Limited, ATI Technologies (L) Inc., ATI Technologies Inc, ATI Technologies ULC, Advanced Micro Devices (China) Co. Ltd., Advanced Micro Devices (Shanghai) Co. Ltd., Advanced Micro Devices (Singapore) Pte. Ltd., Advanced Micro Devices (U.K.) Limited, Advanced Micro Devices AB, Advanced Micro Devices Belgium N.V., Advanced Micro Devices Global Services (M) Sdn. Bhd., Advanced Micro Devices GmbH, Advanced Micro Devices Malaysia Ltd., Advanced Micro Devices S.A.S., Advanced Micro Devices S.p.A., Advanced Micro Devices Sdn. Bhd., Alchemy Semiconductor, Chengdu Haiguang Microelectronics Technology Co. Ltd., HiAlgo, HiAlgo Inc., Nitero Inc., SeaMicro, SeaMicro Inc., and Xilinx.
Read More
How can I contact Advanced Micro Devices?

Advanced Micro Devices' mailing address is 2485 AUGUSTINE DRIVE, SANTA CLARA CA, 95054. The official website for the company is www.amd.com. The semiconductor manufacturer can be reached via phone at (408) 749-4000, via email at investor.relations@amd.com, or via fax at 408-982-6164.

This page (NASDAQ:AMD) was last updated on 8/14/2023 by MarketBeat.com Staff

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