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Advanced Micro Devices (AMD)
NASDAQ:AMD
Advanced Micro Devices (AMD) Stock Price & Analysis
58,217 Followers
AMD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$93.12 - $227.30
Previous Close$179.83
Volume40.62M
Average Volume (3M)51.64M
Market Cap
$290.66B
Enterprise Value$287.62B
Total Cash (Recent Filing)$6.04B
Total Debt (Recent Filing)$3.00B
Price to Earnings (P/E)262.7
Beta1.80
Next Earnings
Jul 30, 2024EPS Estimate
$0.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.68
Shares Outstanding1,616,313,871
10 Day Avg. Volume53,030,633
30 Day Avg. Volume51,636,637
Standard Deviation0.15
R-Squared0.34
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)23.28
Price to Sales (P/S)42.25
Price to Cash Flow (P/CF)125.10
P/FCF Ratio161.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.62
Enterprise Value/Gross Profit27.50
Enterprise Value/Ebitda85.63
Forecast
1Y Price Target
$193.03Price Target Upside8.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering36
Advanced Micro Devices News
Bulls Say, Bears Say
Bulls Say
AI Growth OpportunityAMD believes that AI is a multi-billion growth opportunity and has seen customer engagements in relation to AI multiplying by 7x sequentially in relation to MI250 and MI300 hardware and software.
Market PositionAMD has a strong track record of innovation, design agility and proven execution and has been gaining market share from Intel in the server and client segment given the growing demand of its 4th Gen EPYC processors and Ryzen 8000 series.
Strategic AcquisitionsAMD announced a $665M acquisition of Silo AI, the largest private AI lab in Europe, viewed as a positive strategic move focused on deepening AMD's internal open-source AI software expertise.
Bears Say
Competitive PressureAMD noted CoWoS capacity packaging challenges but also investor concerns on SW maturity/driver and heat issues, lack of infiniband access, and aggressive pricing from NVDA with good lead times.
Economic ConditionsAMD typically derives ~50% of its revenue from the PC end market, which is highly correlated with economic conditions. Any economic headwind could slow down revenue growth.
Valuation ConcernsPersistently high AI expectations make us more cautious on their ability to justify a premium multiple.
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Ownership Overview
21.01% Insiders
19.67% Mutual Funds
28.51% Other Institutional Investors
30.80% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
The estimated number of people who visited one or more of the websites owned by Advanced Micro Devices
Desktop Users
Mobile Users
AMD FAQ
What was Advanced Micro Devices’s price range in the past 12 months?
Advanced Micro Devices lowest stock price was $93.11 and its highest was $227.30 in the past 12 months.
What is Advanced Micro Devices’s market cap?
Currently, no data Available
When is Advanced Micro Devices’s upcoming earnings report date?
Advanced Micro Devices’s upcoming earnings report date is Jul 30, 2024 which is in 13 days.
How were Advanced Micro Devices’s earnings last quarter?
Advanced Micro Devices released its earnings results on Apr 30, 2024. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.616 by $0.004.
Is Advanced Micro Devices overvalued?
According to Wall Street analysts Advanced Micro Devices’s price is currently Undervalued.
Does Advanced Micro Devices pay dividends?
Advanced Micro Devices does not currently pay dividends.
What is Advanced Micro Devices’s EPS estimate?
Advanced Micro Devices’s EPS estimate is $0.67.
How many shares outstanding does Advanced Micro Devices have?
Advanced Micro Devices has 1,616,313,800 shares outstanding.
What happened to Advanced Micro Devices’s price movement after its last earnings report?
Advanced Micro Devices reported an EPS of $0.62 in its last earnings report, beating expectations of $0.616. Following the earnings report the stock price went down -8.909%.
Which hedge fund is a major shareholder of Advanced Micro Devices?
Among the largest hedge funds holding Advanced Micro Devices’s share is Fisher Asset Management LLC. It holds Advanced Micro Devices’s shares valued at 5B.
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Advanced Micro Devices Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$193.03 (8.72% Upside)
$193.03 (8.72% Upside)
Blogger Sentiment
Bullish
AMD Sentiment 73%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 11.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.10%
12-Months-Change
Fundamentals
Return on Equity
2.01%
Trailing 12-Months
Asset Growth
0.39%
Trailing 12-Months
Company Description
Advanced Micro Devices
Founded in 1969, California-based Advanced Micro Devices, Inc. is America's leading semiconductor company. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles.
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AMD Company Deck
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AMD Earnings Call
Q1 2024
0:00 / 0:00
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AMD Revenue Breakdown
28.64% Data Center
27.39% Gaming
23.46% Embedded
20.51% Client
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AMD Stock 12 Month Forecast
Average Price Target
$193.03
▲(8.72% Upside)
Technical Analysis
Best Analysts Covering AMD
1 Year
1 Year Success Rate
22/23 ratings generated profit
1 Year Average Return
+37.67%
assigned a buy rating 27 days ago
Copying Harsh Kumar's trades and holding each position for 1 Year would result in 95.65% of your transactions generating a profit, with an average return of +37.67% per trade.
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