Advanced Micro Devices (NASDAQ:AMD) Upgraded at Phillip Securities

Phillip Securities upgraded shares of Advanced Micro Devices (NASDAQ:AMD) from a moderate buy rating to a strong-buy rating in a research note released on Sunday morning,Zacks.com reports.

Several other research firms have also recently commented on AMD. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. China Renaissance began coverage on Advanced Micro Devices in a research note on Tuesday, January 13th. They issued a “buy” rating and a $291.00 target price for the company. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target on the stock in a research note on Friday, November 7th. Morgan Stanley dropped their price objective on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Finally, KeyCorp raised their target price on shares of Advanced Micro Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $290.11.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded down $3.44 during trading on Friday, reaching $210.13. The company had a trading volume of 17,635,409 shares, compared to its average volume of 41,209,742. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Advanced Micro Devices has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a 50-day moving average price of $221.82 and a two-hundred day moving average price of $205.60. The stock has a market capitalization of $342.60 billion, a PE ratio of 79.39, a price-to-earnings-growth ratio of 0.81 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the previous year, the company posted $1.09 EPS. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. As a group, sell-side analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total value of $4,461,246.50. Following the completion of the sale, the executive vice president directly owned 300,348 shares of the company’s stock, valued at $68,890,820.76. The trade was a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 164,000 shares of company stock valued at $36,034,173. 0.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Waterfront Wealth Inc. bought a new position in shares of Advanced Micro Devices in the second quarter valued at $1,145,000. Global Retirement Partners LLC acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $4,519,000. Cornercap Investment Counsel Inc. raised its position in shares of Advanced Micro Devices by 43.3% in the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares during the period. Swiss National Bank raised its holdings in Advanced Micro Devices by 7.5% in the 2nd quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock worth $697,861,000 after acquiring an additional 341,000 shares during the period. Finally, New York State Common Retirement Fund lifted its position in Advanced Micro Devices by 8.4% during the 2nd quarter. New York State Common Retirement Fund now owns 2,239,239 shares of the semiconductor manufacturer’s stock worth $317,748,000 after acquiring an additional 172,745 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

More Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Phillip Securities upgraded AMD from “moderate buy” to “strong‑buy,” providing direct analyst support for the shares and likely helping intraday buying interest. Phillip Securities upgrade (via Zacks)
• Positive Sentiment: Reports that AMD will adopt LPDDR6 memory for its Medusa Halo chips are being read as a product/roadmap win that could improve performance-per-watt and competitiveness in AI/edge markets — a tech‑stack upgrade that supports longer‑term revenue potential. AMD to adopt LPDDR6 (TipRanks)
• Neutral Sentiment: Goldman/industry notes and coverage continue to highlight datacenter momentum for AMD, but also flag operating‑expense and seasonality risks — a reminder that solid datacenter demand is balanced by cost/guidance sensitivity. This keeps sentiment mixed rather than decisively bullish. Datacenter momentum vs OPEX (Yahoo/Goldman)
• Neutral Sentiment: AMD named Ariel Kelman as SVP & Chief Marketing Officer — a corporate hire that should help go‑to‑market and developer relations, but it’s not an immediate revenue driver. AMD hires Ariel Kelman (GlobeNewswire)
• Negative Sentiment: Market reaction to AMD’s recent Q4 report and modest Q1 guidance continues to weigh on investor sentiment — several pieces highlighted an ~11% post‑earnings slide and concerns about seasonal weakness and high valuation, which can cap near‑term upside. Q4 reaction and guidance concerns (Zacks)
• Negative Sentiment: Critical analyst commentary and skeptical pieces (e.g., “Something Doesn’t Add Up”) are prompting some investors to re‑examine assumptions about AMD’s margins, pace of AI share gains, and valuation — increasing volatility and potential selling pressure. Critical analysis (Seeking Alpha)

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.