AMD (AMD) PT Lowered to $19 at Susquehanna

AMD (AMD) PT Lowered to $34 at Stifel

October 25, 2018 8:08 AM EDT

Stifel analyst Kevin Cassidy lowered the price target on AMD (NASDAQ: AMD) to $34.00 (from $38.00) while maintaining a Buy rating.

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AMD (AMD) PT Lowered to $18 at BMO Capital

October 25, 2018 7:21 AM EDT

BMO Capital analyst Ambrish Srivastava lowered the price target on AMD (NASDAQ: AMD) to $18.00 (from $20.00) while maintaining a Market Perform rating.

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AMD (AMD) PT Lowered to $25 at Baird

October 25, 2018 6:52 AM EDT

Baird analyst Tristan Gerra lowered the price target on AMD (NASDAQ: AMD) to $25.00 (from $28.00) while maintaining a Neutral rating following results.

Gerra commented, "While AMD's execution and share gains remain on target, the significant estimate upside needed to justify the stock's valuation did not... More

AMD revenue forecast disappoints as crypto demand subsides, shares plummet

October 24, 2018 4:37 PM EDT

By Arjun Panchadar

(Reuters) - Advanced Micro Devices Inc (NASDAQ: AMD) on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.

AMD shares, which have more than doubled this year, were trading at $17.84 after the bell.

AMD and Nvidia, its main rival in the gaming chip market, were the biggest beneficiaries of a cryptocurrency boom last year as miners invested in new networks to keep up with demand.

However, with... More

Advanced Micro Devices (AMD) Revenues, Guidance Misses Views

October 24, 2018 4:32 PM EDT

Advanced Micro Devices (NASDAQ: AMD) reported Q3 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.7 billion.

GUIDANCE:

Advanced Micro Devices sees Q4 2018 revenue of $1.45 billion, versus... More