In Monday’s Wall Street session, Advanced Micro Devices Inc (NASDAQ:AMD) shares traded at $83.64, down -2.47% from the previous session.
AMD stock price is now -21.31% away from the 50-day moving average and -38.49% away from the 200-day moving average. The market capitalization of the company currently stands at $135.54B.
With the price target reduced from $135 to $120, Jefferies Downgraded its rating from Buy to Hold for Advanced Micro Devices Inc (NASDAQ: AMD). On February 14, 2025, Daiwa Securities Downgraded its previous ‘Buy’ rating to ‘Outperform’ on the stock reducing its target price from $170 to quote $130, while ‘DZ Bank’ rates the stock as ‘Hold’
In other news, Papermaster Mark D, Chief Technology Officer & EVP sold 17,500 shares of the company’s stock on Mar 14 ’25. The stock was sold for $1,754,674 at an average price of $100.27. Upon completion of the transaction, the Chief Technology Officer & EVP now directly owns 1,713,710 shares in the company, valued at $143.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Officer MARK PAPERMASTER bought 17,500 shares of the business’s stock. A total of $1,754,676 was incurred on buying the stock at an average price of $100.27. A total of 0.58% of the company’s stock is owned by insiders.
During the past 12 months, Advanced Micro Devices Inc has had a low of $83.67 and a high of $187.28. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.62, and a quick ratio of 1.83. According to the stock market information, the enterprise value for the company is $136161189888, which is based on a 83.37 price-to-earnings ratio, a 2.52 price-to-earnings-growth ratio, and a beta of 1.94. The fifty day moving average price for AMD is $106.2918 and a two-hundred day moving average price translates $135.98074 for the stock.
The latest earnings results from Advanced Micro Devices Inc (NASDAQ: AMD) was released for 2024-12-28. The net profit margin was 6.36% and return on equity was 2.89% for AMD. The company reported revenue of $7.66 billion for the quarter, compared to $6.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.16 percent.
