Erste Group Bank upgraded shares of Advanced Micro Devices (NASDAQ:AMD – Free Report) from a hold rating to a buy rating in a research report released on Thursday morning, Marketbeat reports.
A number of other research firms also recently commented on AMD. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Sunday, February 8th. Truist Financial set a $283.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Wedbush restated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $290.53.
Check Out Our Latest Stock Report on Advanced Micro Devices
Advanced Micro Devices Stock Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping the consensus estimate of $1.32 by $0.21. The firm had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period last year, the business earned $1.09 earnings per share. Sell-side analysts forecast that Advanced Micro Devices will post 3.87 EPS for the current year.
Insider Activity
In other news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the sale, the executive vice president owned 129,598 shares in the company, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 239,392 shares of company stock valued at $50,016,383 over the last three months. 0.06% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Advanced Micro Devices
Institutional investors and hedge funds have recently bought and sold shares of the business. Impax Asset Management Group plc lifted its holdings in Advanced Micro Devices by 326.5% in the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock valued at $8,424,000 after buying an additional 39,861 shares during the period. Zweig DiMenna Associates LLC grew its holdings in Advanced Micro Devices by 127.6% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after acquiring an additional 40,708 shares during the period. Wedbush Securities Inc. grew its holdings in Advanced Micro Devices by 7.8% during the 3rd quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer’s stock worth $13,632,000 after acquiring an additional 6,095 shares during the period. Highline Wealth Partners LLC raised its position in shares of Advanced Micro Devices by 4,891.6% during the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer’s stock valued at $1,775,000 after acquiring an additional 8,120 shares during the last quarter. Finally, William Blair Investment Management LLC raised its position in shares of Advanced Micro Devices by 72.5% during the 3rd quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer’s stock valued at $169,426,000 after acquiring an additional 440,296 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: March Steam Hardware Survey shows gains for AMD’s CPU and GPU share, supporting investor confidence in AMD’s consumer and gaming demand. TipRanks: AMD Stock Jumps Alongside Gains In the March 2026 Steam Hardware Survey
- Positive Sentiment: Wells Fargo added AMD to its Q2 Tactical Ideas List with an overweight stance and a high price target, which boosts institutional demand expectations ahead of earnings. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
- Positive Sentiment: Strategic partnerships (recently highlighted in buy‑side coverage) — the NAVER Cloud tie and broader collaborations with Samsung — strengthen AMD’s roadmap for AI/data‑center CPUs and accelerators and help secure memory/foundry supply. Advanced Micro Devices (AMD): Among the Stocks That Can Make You Richer in 2026
- Positive Sentiment: Broker upgrade: Erste Group raised AMD from Hold to Buy, adding fresh sell‑side momentum. Upgrades can trigger flows from model‑driven funds and momentum traders. Finviz: Erste Group Upgrade
- Positive Sentiment: Reports that hedge funds (e.g., D. E. Shaw) are building positions provide evidence of continued institutional accumulation. MSN: D. E. Shaw Is Loading Up on AMD
- Neutral Sentiment: AMD is a meaningful holding in several AI‑focused ETFs, which can amplify inflows when AI ETFs rally but also expose AMD to ETF‑level selling. MarketBeat: 3 AI ETFs That Let You Invest in the Entire AI Boom at Once
- Neutral Sentiment: Several bullish research pieces (Zacks, MarketBeat coverage) reiterate momentum/growth narratives for AMD; useful for sentiment but already baked into premium multiples. Zacks: Why AMD Is a Top Momentum Stock
- Neutral Sentiment: Reports that Ray Dalio trimmed his AMD stake are notable for headlines but represent a small portfolio move relative to overall institutional ownership. Yahoo: Ray Dalio Trims Stake
- Negative Sentiment: Cathie Wood’s firm sold roughly 57k AMD shares, which can pressure sentiment among retail/income‑sensitive strategies even if the size is modest. Barchart: Cathie Wood Ditches 57K AMD Shares
- Negative Sentiment: Geopolitical risk: Trump’s Iran remarks and related supply‑chain concerns briefly sparked a chip‑sector sell‑off earlier, creating headline‑driven volatility for AMD and peers. That risk can cause intra‑day whipsaw even as company fundamentals look strong. InvestorPlace: Trump’s Iran Update Spikes Volatility
About Advanced Micro Devices
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.
Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.
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