Wedbush Predicts Reduced Earnings for Advanced Micro Devices

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Equities researchers at Wedbush decreased their Q1 2025 earnings per share (EPS) estimates for shares of Advanced Micro Devices in a note issued to investors on Monday, January 27th. Wedbush analyst M. Bryson now anticipates that the semiconductor manufacturer will earn $0.76 per share for the quarter, down from their previous estimate of $0.84. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $2.54 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.30 EPS, Q4 2025 earnings at $1.43 EPS and FY2025 earnings at $4.45 EPS.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, hitting the consensus estimate of $0.92. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 EPS.

Several other analysts have also recently commented on the company. Wells Fargo & Company decreased their target price on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. TD Cowen lowered their price objective on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, January 13th. UBS Group reduced their target price on shares of Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Loop Capital started coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective for the company. Finally, The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $175.00 to $129.00 in a report on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $173.07.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $114.17 on Tuesday. The firm has a 50 day moving average of $127.65 and a 200-day moving average of $142.74. Advanced Micro Devices has a 1 year low of $112.80 and a 1 year high of $227.30. The stock has a market capitalization of $185.28 billion, a P/E ratio of 102.86, a price-to-earnings-growth ratio of 1.09 and a beta of 1.66. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 40,540 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This represents a 12.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. This represents a 2.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock valued at $28,165,821 over the last three months. Corporate insiders own 0.73% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

Large investors have recently modified their holdings of the stock. Canvas Wealth Advisors LLC increased its holdings in Advanced Micro Devices by 17.2% in the 4th quarter. Canvas Wealth Advisors LLC now owns 67,677 shares of the semiconductor manufacturer’s stock worth $8,175,000 after acquiring an additional 9,929 shares during the last quarter. OMC Financial Services LTD increased its stake in shares of Advanced Micro Devices by 0.7% in the fourth quarter. OMC Financial Services LTD now owns 47,611 shares of the semiconductor manufacturer’s stock worth $5,751,000 after purchasing an additional 352 shares in the last quarter. Activest Wealth Management raised its position in shares of Advanced Micro Devices by 101.6% in the fourth quarter. Activest Wealth Management now owns 1,038 shares of the semiconductor manufacturer’s stock valued at $125,000 after purchasing an additional 523 shares during the period. Stiles Financial Services Inc lifted its stake in shares of Advanced Micro Devices by 1.1% during the 4th quarter. Stiles Financial Services Inc now owns 24,506 shares of the semiconductor manufacturer’s stock valued at $2,960,000 after buying an additional 257 shares in the last quarter. Finally, Focused Wealth Management Inc boosted its holdings in Advanced Micro Devices by 46.3% in the 4th quarter. Focused Wealth Management Inc now owns 2,361 shares of the semiconductor manufacturer’s stock worth $285,000 after buying an additional 747 shares during the period. Hedge funds and other institutional investors own 71.34% 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.