Roth Capital Issues Positive Forecast for AMD Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Roth Capital increased their Q1 2026 EPS estimates for shares of Advanced Micro Devices in a report released on Tuesday, November 4th. Roth Capital analyst S. Desilva now anticipates that the semiconductor manufacturer will post earnings per share of $0.91 for the quarter, up from their previous forecast of $0.87. Roth Capital has a “Buy” rating and a $300.00 price target on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Roth Capital also issued estimates for Advanced Micro Devices’ Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.31 EPS and Q4 2026 earnings at $1.49 EPS.

AMD has been the topic of a number of other research reports. TD Cowen boosted their price objective on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday. Melius Research set a $300.00 price target on Advanced Micro Devices in a report on Monday, October 6th. Raymond James Financial upped their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Morgan Stanley boosted their target price on shares of Advanced Micro Devices from $246.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.26.

Advanced Micro Devices Price Performance

NASDAQ AMD traded down $10.89 during trading hours on Friday, reaching $226.81. 16,720,717 shares of the company’s stock were exchanged, compared to its average volume of 49,671,188. The stock has a market cap of $368.08 billion, a PE ratio of 130.36, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The firm has a fifty day moving average of $197.92 and a 200-day moving average of $157.32. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 EPS.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the transaction, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently bought and sold shares of AMD. Norges Bank bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $3,094,662,000. Kingstone Capital Partners Texas LLC acquired a new position in Advanced Micro Devices in the second quarter valued at about $958,422,000. Goldman Sachs Group Inc. raised its position in shares of Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after purchasing an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of Advanced Micro Devices during the 1st quarter valued at about $436,746,000. Institutional investors own 71.34% 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.