Advanced Micro Devices (NASDAQ:AMD) Given “Sector Perform” Rating at Royal Bank Of Canada

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “sector perform” rating reiterated by investment analysts at Royal Bank Of Canada in a report issued on Monday,Benzinga reports. They currently have a $230.00 price objective on the semiconductor manufacturer’s stock. Royal Bank Of Canada’s price target points to a potential upside of 15.14% from the stock’s previous close.

AMD has been the topic of a number of other reports. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday, February 8th. UBS Group set a $310.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Evercore reaffirmed an “outperform” rating and set a $358.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $345.00 price target on shares of Advanced Micro Devices in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $290.53.

Advanced Micro Devices Trading Up 3.3%

Shares of Advanced Micro Devices stock traded up $6.36 during midday trading on Monday, reaching $199.75. The company had a trading volume of 11,744,292 shares, compared to its average volume of 38,420,238. The stock has a fifty day moving average price of $216.16 and a 200 day moving average price of $210.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The firm has a market cap of $325.68 billion, a PE ratio of 75.43, a P/E/G ratio of 0.73 and a beta of 1.98. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same period in the prior year, the business posted $1.09 earnings per share. The firm’s revenue was up 34.1% on a year-over-year basis. On average, equities analysts anticipate 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 Paul Darren Grasby sold 7,500 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the transaction, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 154,392 shares of company stock worth $33,120,933. 0.06% of the stock is owned by corporate insiders.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently made changes to their positions in AMD. Impax Asset Management Group plc boosted its holdings in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after buying an additional 39,861 shares during the period. Global Retirement Partners LLC purchased a new position in Advanced Micro Devices in the 2nd quarter valued at approximately $4,519,000. Swiss National Bank raised its holdings in Advanced Micro Devices by 7.5% during the 2nd quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after acquiring an additional 341,000 shares during the period. New York State Common Retirement Fund lifted its position in shares of Advanced Micro Devices by 8.4% during the second 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 in the last quarter. Finally, Zweig DiMenna Associates LLC boosted its holdings in shares of Advanced Micro Devices by 127.6% in the third 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. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Strategic partnerships and product pipeline: AMD announced a collaboration with Celestica to bring the new “Helios” rack‑scale AI platform to market, strengthening AMD’s data‑center supply chain and go‑to‑market for AI racks. Celestica and AMD Announce Collaboration to Advance the Next Era of AI with “Helios” Rack-Scale AI Platform
• Positive Sentiment: Regulatory tailwind: U.S. officials reversed a planned tightening of AI‑chip export rules, removing a potential restriction on AMD’s Instinct GPUs and easing sales to non‑U.S. customers — a meaningful enabler for international data‑center growth. US Export Reversal Clears Path For AMD AI Data Center Growth
• Positive Sentiment: Market narrative around upside: Several bullish takes highlight AMD’s AI momentum (Meta partnership, upcoming MI450 accelerator) and argue the market may be underestimating AMD’s potential in servers and hyperscale AI. These narratives help lift sentiment. Why AMD Stock Could Have More Upside Than Investors Realize
• Positive Sentiment: Analyst support: Some top analysts (e.g., Wolfe Research) continue to back AMD as a long‑term AI play despite near‑term estimate cuts, reinforcing buy‑side conviction. ‘Buy’ AMD Stock, Affirms Top Analyst Despite Near-Term Estimate Cuts
• Neutral Sentiment: Benchmarks and attention: AMD remains a “trending” stock with lots of retail analyst coverage and comparisons to peers; that attention can amplify moves but isn’t a directional catalyst by itself. Advanced Micro Devices, Inc. (AMD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Street positioning: RBC reiterated a Hold rating with a $230 price target — a neutral signal that suggests limited near‑term upside from some institutional investors. Analysts set AMD stock price target
• Negative Sentiment: Insider selling and analyst caution: Reports of roughly $33M in insider sales and recent notes from Goldman / D.A. Davidson warning of a slower growth path have pressured sentiment and been cited as reasons for recent pullbacks. Advanced Micro Devices (AMD) Stock Falls Despite Strong Q4 as Executives Unload $33M in Shares
• Negative Sentiment: Macro/sector pressure: Short‑term moves in chip stocks have been influenced by external factors (e.g., oil‑supply disruptions) that can depress demand expectations and create volatility across the semiconductor group. Oil Supply Disruptions Are Rocking Chip Stocks Like Nvidia or AMD, But Should You Buy the Dip?

Advanced Micro Devices Company Profile

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.