18 analysts have shared their evaluations of Advanced Micro Devices (NASDAQ:AMD) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 9 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 6 | 6 | 1 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $188.44, a high estimate of $250.00, and a low estimate of $155.00. A decline of 2.28% from the prior average price target is evident in the current average.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Advanced Micro Devices by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| 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 |
| Suji Desilva | Roth MKM | Maintains | Buy | $200.00 | $200.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Overweight | $180.00 | $180.00 |
| Harsh Kumar | Piper Sandler | Raises | Overweight | $200.00 | $175.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Overweight | $180.00 | $180.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Overweight | $180.00 | $180.00 |
| Vivek Arya | B of A Securities | Maintains | Buy | $180.00 | $180.00 |
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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.
To gain a panoramic view of Advanced Micro Devices's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Advanced Micro Devices analyst ratings.
About Advanced Micro Devices
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.
Advanced Micro Devices: Financial Performance Dissected
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Advanced Micro Devices's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 17.57%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 11.31%, the company showcases strong profitability and 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 falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.12%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.04.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.
