Deep Dive Into Advanced Micro Devices Stock: Analyst Perspectives (18 Ratings)

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During the last three months, 18 analysts shared their evaluations of Advanced Micro Devices AMD, revealing diverse outlooks from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 8 4 1 0
Last 30D 0 1 0 0 0
1M Ago 0 1 2 1 0
2M Ago 0 1 1 0 0
3M Ago 5 5 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Advanced Micro Devices, presenting an average target of $176.61, a high estimate of $250.00, and a low estimate of $110.00. Experiencing a 9.17% decline, the current average is now lower than the previous average price target of $194.44.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of Advanced Micro Devices among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Aaron Rakers Wells Fargo Lowers Overweight $165.00 $205.00
Vijay Rakesh Mizuho Lowers Outperform $160.00 $180.00
Toshiya Hari Goldman Sachs Lowers Neutral $129.00 $175.00
Frank Lee HSBC Lowers Reduce $110.00 $200.00
Joseph Moore Morgan Stanley Lowers Equal-Weight $158.00 $169.00
Vivek Arya B of A Securities Lowers Neutral $155.00 $180.00
Vijay Rakesh Mizuho Lowers Outperform $180.00 $185.00
Cody Acree Benchmark Maintains Buy $200.00 $200.00
Vijay Rakesh Mizuho Lowers Outperform $185.00 $195.00
Christopher Danely Citigroup Lowers Buy $200.00 $210.00
Joshua Buchalter TD Cowen Lowers Buy $185.00 $210.00
C J Muse Cantor Fitzgerald Maintains Overweight $180.00 $180.00
Harsh Kumar Piper Sandler Lowers Overweight $180.00 $200.00
Tom O'Malley Barclays Lowers Overweight $170.00 $180.00
Mark Lipacis Evercore ISI Group Raises Outperform $198.00 $193.00
Timothy Arcuri UBS Lowers Buy $205.00 $210.00
Joseph Moore Morgan Stanley Lowers Equal-Weight $169.00 $178.00
Hans Mosesmann Rosenblatt Maintains Buy $250.00 $250.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Advanced Micro Devices. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Advanced Micro Devices compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Advanced Micro Devices's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Advanced Micro Devices's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Advanced Micro Devices analyst ratings.

Get to Know Advanced Micro Devices Better

Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.

Unraveling the Financial Story of Advanced Micro Devices

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Advanced Micro Devices's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 17.57%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 11.31%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Advanced Micro Devices's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.36%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Advanced Micro Devices's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.12%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Advanced Micro Devices's debt-to-equity ratio is below the industry average at 0.04, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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