Cantor Fitzgerald Predicts AMD FY2026 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Advanced Micro Devices in a report released on Monday, June 9th. Cantor Fitzgerald analyst C. Muse expects that the semiconductor manufacturer will earn $4.56 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating on the stock. The consensus estimate for Advanced Micro Devices’ current full-year earnings is $3.87 per share.

Several other equities research analysts have also commented on the company. HSBC upgraded Advanced Micro Devices from a “reduce” rating to a “hold” rating in a research report on Tuesday, May 27th. Wedbush restated an “outperform” rating and set a $120.00 target price (up previously from $115.00) on shares of Advanced Micro Devices in a research report on Wednesday, May 7th. Wells Fargo & Company cut their target price on Advanced Micro Devices from $140.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Citigroup upped their target price on Advanced Micro Devices from $100.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Dbs Bank lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 8th. Fifteen research analysts have rated the stock with a hold rating, twenty have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $133.23.

Advanced Micro Devices Stock Down 2.2%

Shares of Advanced Micro Devices stock opened at $118.50 on Wednesday. Advanced Micro Devices has a one year low of $76.48 and a one year high of $187.28. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. The stock’s 50-day moving average is $103.76 and its 200 day moving average is $111.65. The firm has a market cap of $192.14 billion, a price-to-earnings ratio of 119.70, a PEG ratio of 1.11 and a beta of 1.99.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share 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 return on equity of 7.42% and a net margin of 6.36%. The business’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.62 earnings per share.

Advanced Micro Devices announced that its board has initiated a share buyback program on Wednesday, May 14th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total transaction of $1,670,725.00. Following the completion of the sale, the executive vice president now directly owns 1,713,710 shares of the company’s stock, valued at approximately $163,607,893.70. This trade represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.06% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

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

Advanced Micro Devices Company Profile

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.