AMD (AMD) Delivers Another Beat-and-Raise, Analysts Hike Numbers Citing 'Superior Products and Manufacturing Process'

AMD (AMD) PT Raised to $130 at Susquehanna

Susquehanna analyst Christopher Rolland raised the price target on AMD (NASDAQ: AMD) to $130.00 (from $125.00) while maintaining a Positive rating.

The analyst commented, "While we had anticipated upside results/guidance, we had not expected the company to navigate supply constraints flawlessly and raise full year expectations."

AMD (AMD) PT Raised to $110 at Benchmark

Benchmark analyst Cody Acree raised the price target on AMD (NASDAQ: AMD) to $110.00 (from $100.00) while maintaining a Buy rating.... More

AMD (AMD) PT Raised to $125 at Northland Capital Markets

Northland Capital Markets analyst Gus Richard raised the price target on AMD (NASDAQ: AMD) to $125.00 (from $116.00) while maintaining an Outperform rating.

The analyst commented, "AMD reported strong Q2 and guided Q3 up and raised revenue growth guidance for CY21 from 50% to 60%.... More

AMD (AMD) PT Raised to $150 at Rosenblatt

Rosenblatt analyst Hans Mosesmann raised the price target on AMD (NASDAQ: AMD) to $150.00 (from $135.00) while maintaining a Buy rating.

The analyst commented, "Another big beat-and-raise for AMD for 3Q21, but this time even more compelling given industry supply chain shortages and an increasingly... More

AMD (AMD) PT Raised to $110 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on AMD (NASDAQ: AMD) to $110.00 (from $107.00) while maintaining a Buy rating.... More

AMD's (AMD) Second Half Will Be Driven By Data Center, Guidance Raised - Piper Sandler

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $110.00 price target on AMD (NASDAQ: AMD) after the company delivered both June quarter results and September quarter guidance ahead of expectations. For the third quarter, management expects revenue to be roughly $4,100M, compared to Street expectations of $3,820M. AMD... More

AMD (AMD) PT Raised to $100 at Citi

Citi analyst Christopher Danely raised the price target on AMD (NASDAQ: AMD) to $100.00 (from $95.00) while maintaining a Neutral rating.... More

Advanced Micro Devices, Inc. (AMD) Tops Q2 EPS by 9c, Q3 Revenue Guidance Beats

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Q2 EPS of $0.63, $0.09 better than the analyst estimate of $0.54. Revenue for the quarter came in at $3.85 billion versus the consensus estimate of $3.62 billion.

GUIDANCE:

Advanced Micro Devices, Inc. sees Q3 2021 revenue of $4-4.2 billion, versus the... More