Is Advanced Micro Devices Inc (NASDAQ: AMD) a smart move or a risky gamble for your portfolio?

In the last trading session, 27.08 million Advanced Micro Devices Inc (NASDAQ:AMD) shares changed hands as the company’s beta touched 1.90. With the company’s per share price at $103.51 changed hands at -$1.08 or -1.03% during last session, the market valuation stood at $167.74B. AMD’s last price was a discount, traded about -86.94% off its 52-week high of $193.50. The share price had its 52-week low at $94.73, which suggests the last value was 8.48% up since then. When we look at Advanced Micro Devices Inc’s average trading volume, we note the 10-day average is 32.12 million shares, with the 3-month average coming to 39.08 million.

Analysts gave the Advanced Micro Devices Inc (AMD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 33 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 5 recommended AMD as a Hold, 27 felt it is a Buy and 0 rated the stock as Underweight. Advanced Micro Devices Inc’s EPS for the current quarter is expected to be 0.93.

Advanced Micro Devices Inc (NASDAQ:AMD) trade information

Instantly AMD was in red as seen at the end of in last trading. With action 6.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.31%, with the 5-day performance at 6.98% in the green. However, in the 30-day time frame, Advanced Micro Devices Inc (NASDAQ:AMD) is -8.48% down. Looking at the short shares, we see there were 56.78 million shares sold at short interest cover period of 1.37 days.

The consensus price target for the stock as assigned by Wall Street analysts is 162.5, meaning bulls need an upside of 36.3% from its current market value. According to analyst projections, AMD’s forecast low is 129 with 200 as the target high. To hit the forecast high, the stock’s price needs a -93.22% plunge from its current level, while the stock would need to soar -24.63% for it to hit the projected low.

Advanced Micro Devices Inc (AMD) estimates and forecasts

Year-over-year growth is forecast to reach 23.44% up from the last financial year.

Consensus estimates given by 34 financial analysts project the company’s revenue in the current quarter to hit an average of 7.1B. 31 analysts are of the opinion that Advanced Micro Devices Inc’s revenue for the current quarter will be 7.45B. The company’s revenue for the corresponding quarters a year ago was 5.47B and 5.83B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 29.75%. The estimates for the next quarter sales put growth at 27.66%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.91%. The 2025 estimates are for Advanced Micro Devices Inc earnings to increase by 41.48%, but the outlook for the next 5-year period is at 33.02% per year.

AMD Dividends

Advanced Micro Devices Inc is expected to release its next quarterly earnings report on 2025-Feb-03.

Advanced Micro Devices Inc (NASDAQ:AMD)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.50% of Advanced Micro Devices Inc shares while 70.00% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.35%. There are 70.00% institutions holding the Advanced Micro Devices Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.8951% of the shares, roughly 147.32 million AMD shares worth $23.9 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.8718% or 130.38 million shares worth $21.15 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . With 50.85 shares estimated at $5.26 billion under it, the former controlled 3.14% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.71% of the shares, roughly 43.93 shares worth around $4.55 billion.