AMD Reports Fourth Quarter and Annual 2016 Financial Results

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Advanced Micro Devices (AMD) Taps Session High, Shares Up 10%

February 1, 2017 10:08 AM EST

Advanced Micro Devices (NASDAQ: AMD) Taps Session High, Shares Up 10%

... More

AMD (AMD) PT Raised to $14 at Canaccord Genuity

February 1, 2017 10:03 AM EST

Canaccord Genuity raised its price target on AMD (NASDAQ: AMD) to $14.00 (from $13.00) while maintaining a Buy rating.

Analyst Matthew Ramsay commented, "A remarkable turnaround in 2016 saw high-single digits revenue growth in both of the company's operatings segments, spending discipline and a significant... More

AMD (AMD) Valuation Range Raised to $11-$13 at Wells Fargo

February 1, 2017 8:09 AM EST

Wells Fargo analyst David Wong reiterated an Outperform rating and raised his valuation range on AMD (NASDAQ: AMD) to $11.00 - $13.00 from $8.00 -$10.00 following results.

Wong commented, "We are impressed with AMDs steady progress in driving renewed revenue growth, strengthening its product positioning... More

Jefferies Reiterates Buy on Advanced Micro Devices (AMD) Following 4Q Report

February 1, 2017 7:27 AM EST

Jefferies reiterated a Buy rating and $13.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 4Q earnings report. AMD's 4Q16 sales of $1.11b beat consensus $1.07b by 310bps on better Compute & Graphics segment revenue. Non-GAAP loss per share was $0.01, in line with... More

Advanced Micro Devices (AMD) Tops Q4 EPS by 1c

January 31, 2017 4:15 PM EST

Advanced Micro Devices (NASDAQ: AMD) reported Q4 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.07 billion.

"We met our strategic objectives in 2016, successfully executing our product roadmaps, regaining share in key... More