AMD shares tumble as CEO forecasts declining data center sales
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Citi Downgrades AMD (AMD) to Neutral
February 5, 2025 7:48 AM ESTCiti analyst Christopher Danely downgraded AMD (NASDAQ: AMD) from Buy to Neutral with a price target of $110.00 (from $175.00).
The analyst comments "Yesterday after the close, AMD reported decent results/guidance driven by higher CPU sales. However, AMD didnt provide AI revenue... More
Northland on AMD (AMD): 'We think fast money moves out at the open and would be a buyer the weakness'
February 5, 2025 6:49 AM ESTNorthland analyst Gus Richard reiterated an Outperform rating and $175.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD reported an inline quarter and guided Q1 inline with consensus. AMD expects strong double-digit AI growth in CY25 and share gains... More
AMD (AMD) PT Lowered to $125 at Goldman Sachs
February 5, 2025 6:36 AM ESTGoldman Sachs analyst Toshiya Hari lowered the price target on AMD (NASDAQ: AMD) to $125.00 (from $129.00) while maintaining a Neutral rating.
The analyst comments "AMD delivered better-than-feared 4Q24 results and 1Q25 guidance as the company continues to execute on its product... More
AMD (AMD) PT Lowered to $162 at Stifel
February 5, 2025 6:33 AM ESTStifel analyst Ruben Roy lowered the price target on AMD (NASDAQ: AMD) to $162.00 (from $200.00) while maintaining a Buy rating.
The analyst comments "4Q results were roughly in-line with expectations with aggregate revenue of $7.7bn, increasing 24% y/y, driven by continued growth... More
AMD (AMD) PT Lowered to $120 at Melius
February 5, 2025 6:12 AM ESTMelius analyst Ben Reitzers lowered the price target on AMD (NASDAQ: AMD) to $120.00 (from $129.00) while maintaining a Hold rating.
The analyst comments "Cutting Estimates: Given lower estimates for GPUs and higher opex, we are cutting estimates for the 3rd time in the last month. Our estimate for AI GPUs reflects our view that AMD can achieve sales of $1.3B in... More
AMD (AMD) PT Lowered to $175 at UBS
February 5, 2025 5:54 AM ESTUBS analyst Timothy Acuri lowered the price target on AMD (NASDAQ: AMD) to $175.00 (from $190.00) while maintaining a Buy rating.
The analyst comments "We would characterize results and guidance as mixed - at best, though consistent w/ our preview that Street revenue and EPS... More
