A share price of Advanced Micro Devices Inc [AMD] is currently trading at $143.99, up 1.42%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMD shares have gain 4.55% over the last week, with a monthly amount glided 2.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Advanced Micro Devices Inc [NASDAQ: AMD] stock has seen the most recent analyst activity on October 30, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $185 from $210. On August 19, 2024, TD Cowen reiterated its Buy rating but maintained its price target of $210 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $210 on July 15, 2024. Morgan Stanley downgraded its rating to a Equal-Weight but $176 remained the price target by the analyst firm on June 10, 2024. Jefferies started tracking with a Buy rating for this stock on May 13, 2024, and assigned it a price target of $190. In a note dated May 07, 2024, DZ Bank upgraded an Buy rating on this stock but restated the target price of $190.
Advanced Micro Devices Inc experienced fluctuations in its stock price throughout the past year between $116.37 and $227.30. Currently, Wall Street analysts expect the stock to reach $185.13 within the next 12 months. Advanced Micro Devices Inc [NASDAQ: AMD] shares were valued at $143.99 at the most recent close of the market. An investor can expect a potential return of 28.57% based on the average AMD price forecast.
Analyzing the AMD fundamentals
Trailing Twelve Months sales for Advanced Micro Devices Inc [NASDAQ:AMD] were 24.30B which represents 17.57% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.03 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 142.07 points at the first support level, and at 140.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.01, and for the 2nd resistance point, it is at 146.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Advanced Micro Devices Inc [NASDAQ:AMD] is 2.50. As well, the Quick Ratio is 1.78, while the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 9.62, the price to book ratio is 4.10 and price to earnings (TTM) ratio is 128.84.
Transactions by insiders
Recent insider trading involved LISA SU, Director, that happened on Dec 04 ’24 when 76496.0 shares were purchased. Chair, President & CEO, Su Lisa T completed a deal on Nov 06 ’24 to sell 80000.0 shares. Meanwhile, EVP & GM DESG Norrod Forrest Eugene sold 40540.0 shares on Nov 05 ’24.
