Wedbush Issues Pessimistic Estimate for AMD Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Analysts at Wedbush decreased their Q2 2025 earnings estimates for shares of Advanced Micro Devices in a research note issued to investors on Wednesday, May 7th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will post earnings of $0.30 per share for the quarter, down from their prior estimate of $0.84. Wedbush currently has a “Outperform” rating and a $120.00 price target on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share. Wedbush also issued estimates for Advanced Micro Devices’ Q3 2025 earnings at $0.92 EPS, Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $3.00 EPS, Q1 2026 earnings at $0.91 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.37 EPS and FY2026 earnings at $4.60 EPS.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.03. The company had revenue of $7.44 billion during the quarter, compared to analysts’ expectations of $7.10 billion. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. The firm’s quarterly revenue was up 35.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 EPS.

Several other brokerages have also recently weighed in on AMD. Bank of America raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $120.00 price target for the company in a research report on Wednesday, May 7th. Argus set a $160.00 price target on shares of Advanced Micro Devices in a research report on Thursday, February 6th. TD Cowen upped their price target on shares of Advanced Micro Devices from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, May 7th. Jefferies Financial Group cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and lowered their price target for the stock from $135.00 to $120.00 in a research report on Thursday, March 27th. Finally, StockNews.com raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-one have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.13.

Advanced Micro Devices Price Performance

Shares of AMD opened at $108.12 on Monday. The company has a 50 day moving average price of $97.54 and a 200-day moving average price of $115.80. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $187.28. The stock has a market capitalization of $175.31 billion, a PE ratio of 109.21, a PEG ratio of 1.11 and a beta of 1.97. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62.

Institutional Investors Weigh In On Advanced Micro Devices

Hedge funds have recently modified their holdings of the business. Bear Mountain Capital Inc. acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $25,000. Greenline Partners LLC acquired a new stake in Advanced Micro Devices during the fourth quarter worth about $28,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Advanced Micro Devices during the fourth quarter worth about $29,000. Mpwm Advisory Solutions LLC acquired a new stake in Advanced Micro Devices during the fourth quarter worth about $30,000. Finally, Summit Securities Group LLC acquired a new stake in Advanced Micro Devices during the fourth quarter worth about $31,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.00. Following the completion of the sale, the executive vice president now directly owns 1,713,710 shares in the company, valued at $163,607,893.70. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is currently owned by insiders.

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.