FY2025 Earnings Forecast for AMD Issued By Cantor Fitzgerald

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Advanced Micro Devices in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse forecasts that the semiconductor manufacturer will post earnings per share of $4.11 for the year. Cantor Fitzgerald has a “Overweight” rating and a $180.00 price objective on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.54 per share.

Other research analysts have also recently issued reports about the stock. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Mizuho lowered their target price on Advanced Micro Devices from $180.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their price target for the stock from $175.00 to $129.00 in a research note on Friday, January 10th. Roth Mkm restated a “buy” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 11th. Finally, Loop Capital initiated coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 14th. They issued a “buy” rating and a $175.00 target price for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.71.

Advanced Micro Devices Trading Down 1.6 %

Shares of Advanced Micro Devices stock opened at $121.75 on Thursday. The firm has a market cap of $197.57 billion, a PE ratio of 109.21, a P/E/G ratio of 1.08 and a beta of 1.66. Advanced Micro Devices has a 1 year low of $114.41 and a 1 year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78. The stock has a fifty day moving average price of $128.68 and a 200-day moving average price of $144.27.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. During the same period in the prior year, the firm posted $0.53 EPS. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the transaction, the executive vice president now directly owns 293,347 shares in the company, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 197,036 shares of company stock worth $28,165,821. 0.73% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Forsta AP Fonden lifted its stake in shares of Advanced Micro Devices by 1.7% in the 4th quarter. Forsta AP Fonden now owns 412,961 shares of the semiconductor manufacturer’s stock valued at $49,882,000 after purchasing an additional 6,800 shares during the last quarter. Kennedy Investment Group purchased a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $208,000. BSW Wealth Partners raised its position in Advanced Micro Devices by 1.1% during the 4th quarter. BSW Wealth Partners now owns 8,843 shares of the semiconductor manufacturer’s stock valued at $1,068,000 after purchasing an additional 94 shares in the last quarter. Stonegate Investment Group LLC lifted its stake in Advanced Micro Devices by 39.5% in the fourth quarter. Stonegate Investment Group LLC now owns 512,428 shares of the semiconductor manufacturer’s stock worth $61,896,000 after acquiring an additional 145,067 shares during the period. Finally, Revolve Wealth Partners LLC increased its position in Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Institutional investors own 71.34% of the company’s stock.

About Advanced Micro Devices

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.