Wedbush Forecasts Lower Earnings for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Analysts at Wedbush decreased their Q1 2025 earnings per share (EPS) estimates for shares of Advanced Micro Devices in a research report issued on Wednesday, February 5th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will post earnings of $0.75 per share for the quarter, down from their previous estimate of $0.76. Wedbush has a “Outperform” rating and a $150.00 price objective on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.54 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q3 2025 earnings at $1.12 EPS, Q1 2026 earnings at $1.15 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.54 EPS and Q4 2026 earnings at $1.75 EPS.

Several other brokerages have also recently issued reports on AMD. HSBC reissued a “reduce” rating and issued a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Barclays decreased their price objective on Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Summit Insights raised Advanced Micro Devices to a “hold” rating in a report on Tuesday. Wells Fargo & Company decreased their price objective on Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, UBS Group reduced their price target on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.70.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $107.56 on Friday. The stock has a market cap of $174.55 billion, a PE ratio of 96.90, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. The business has a 50-day simple moving average of $124.01 and a 200-day simple moving average of $140.18. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a 52-week low of $106.50 and a 52-week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%.

Institutional Investors Weigh In On Advanced Micro Devices

A number of large investors have recently made changes to their positions in the stock. Creative Capital Management Investments LLC grew its position in Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 86 shares during the period. Bear Mountain Capital Inc. purchased a new position in Advanced Micro Devices in the fourth quarter worth approximately $25,000. Global Wealth Strategies & Associates purchased a new position in Advanced Micro Devices in the fourth quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC purchased a new position in Advanced Micro Devices in the fourth quarter worth approximately $29,000. Finally, FSA Wealth Management LLC acquired a new position in Advanced Micro Devices during the third quarter worth $41,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.65% 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.