Northland on AMD (AMD): 'We think fast money moves out at the open and would be a buyer the weakness'

Citi Downgrades AMD (AMD) to Neutral

Citi 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

AMD (AMD) PT Lowered to $125 at Goldman Sachs

Goldman 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 $140 at Mizuho

(Updated - February 5, 2025 6:35 AM EST)

Mizuho analyst Vijay Rakesh lowered the price target on AMD (NASDAQ: AMD) to $140.00 (from $160.00) while maintaining a Outperform rating.

The analyst commented: 'AMD reported DecQ and guided MarQ in line to $7.1B... More

AMD (AMD) PT Lowered to $162 at Stifel

Stifel 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 $140 at Wells Fargo

Wells Fargo analyst Aaron Rakers lowered the price target on AMD (NASDAQ: AMD) to $140.00 (from $165.00) while maintaining a Overweight rating.... More

AMD (AMD) PT Lowered to $120 at Melius

Melius 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

UBS 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

AMD (AMD) PT Lowered to $150 at Raymond James

Raymond James analyst Srini Pajjuri lowered the price target on AMD (NASDAQ: AMD) to $150.00 (from $180.00) while maintaining a Outperform rating.

The analyst comments "AMDs 4Q24 results and 1Q25 revenue outlook were slightly better than consensus, driven by PC segment. Data Center was... More

AMD (AMD) PT Lowered to $140 at KeyBanc

KeyBanc analyst John Vinh lowered the price target on AMD (NASDAQ: AMD) to $140.00 (from $150.00) while maintaining a Overweight rating.

The analyst comments: "AMD posted in-line 4Q results and 1Q guidance. However, Data Center (DC) missed expectations due to weaker GPU demand,... More

AMD's AI chip revenue miss hits shares amid pressure from Nvidia

By Kanchana Chakravarty and Zaheer Kachwala

(Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the company's AI chip revenue failed to meet analysts' high expectations, underscoring its struggle to grab market share from well-entrenched market leader Nvidia.

The company's fourth-quarter data center revenue, which reflects demand for its AI processors, jumped 69% to $3.9 billion, missing the consensus estimate of $4.15 billion.

"AMD may still be taking market share from Intel in the central processing unit (CPU) side of things, but it... More

Barclays Reiterates Overweight Rating on AMD (AMD)

Barclays analyst Tom O\'Malley reiterated an Overweight rating and $140.00 price target on AMD (NASDAQ: AMD)

The analyst comments: "The highlight is a Client business that is clearly outgrowing the market and led to the beat and raise. The rub is that offsetting... More

AMD (AMD) PT Lowered to $135 at BofA Securities

BofA Securities analyst Vivek Arya lowered the price target on AMD (NASDAQ: AMD) to $135.00 (from $155.00) while maintaining a Neutral rating.

The analyst comments: "Reiterate Neutral as AMD has not (yet) managed to articulate how it can carve an important niche versus NVDAs dominance and... More

After-hours movers: Alphabet, AMD, Snap, Chipotle and more

After-hours movers:

Alphabet (NASDAQ: GOOGL) fell 7% after it reported revenue that missed estimates and it said it would spend $75 billion on capex in 2025. Consolidated Alphabet revenues in Q4 2024 increased 12% year over year to $96.5 billion, below the estimate of $96.62... More

AMD stock gains after strong Q4 results, AI-driven growth

Investing.com-- Advanced Micro Devices Inc (NASDAQ: AMD) reported better-than-expected fourth quarter earnings and revenue, driving its stock up 4% in after-hours trading.

The chipmaker's robust performance was fueled by accelerating adoption of its EPYC processors and strong demand for AI computing... More

AMD shares tumble as CEO forecasts declining data center sales

By Max A. Cherney, Stephen Nellis, Arsheeya Bajwa

(Reuters) -Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday.

Shares of the Santa Clara, California-based company dropped about 10% in extended trading. AMD's shares fell about 18% last year, in contrast to larger rival Nvidia's rise of more than 171%.

AMD has been fighting to increase its share of the market for sophisticated AI processors sold mostly by Nvidia to heavyweight tech customers including Amazon and Microsoft.

AMD... More

Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 1c, Offers Guidance

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Q4 EPS of $1.09, $0.01 better than the analyst estimate of $1.08. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.54 billion.

GUIDANCE:

Advanced Micro Devices, Inc. sees Q1 2025 revenue of $6.8-7.4... More

AMD earnings preview

AMD (NASDAQ: AMD) is set to report its fourth-quarter earnings after the market close today, Tuesday, February 4, 2025. Heres what analysts at Wells Fargo Bank of America expect:

Wells Fargo maintained an Overweight rating on AMD ahead of its earnings release, but the bank remains cautious about near-term guidance.

The firms analysts believe investor sentiment is already pricing in a potential downward revision of up to 10% in AMDs 2026... More

AMD (AMD) call put ratio 1.9 calls to 1 put into quarter results

AMD (NASDAQ: AMD) February 4 weekly call option implied volatility is at 123, February is at 64; today after the bell. Call put ratio 1.9 calls to 1 put with a focus on February 7 weekly options.

AMD (AMD) PT Lowered to $147 at Morgan Stanley

Morgan Stanley analyst Joseph Moore lowered the price target on AMD (NASDAQ: AMD) to $147.00 (from $158.00) while maintaining a Equalweight rating.... More

AMD (AMD) call put ratio 2.1 calls to 1 put into quarter results

AMD (NASDAQ: AMD) February 7 weekly 114 straddle priced for movement of 9% into the expected release of quarter results after the bell on February 4.

AMD (AMD) call put ratio 2.1 calls to 1 put with a focus on February 7 weekly options into quarter results

AMD (NASDAQ: AMD) February 4 weekly call option implied volatility is at 107, February is at 63; compared to its 52-week range of 35 to 64 into the expected release of quarter results after the bell on February 4. Call put ratio 2.1 calls to 1 put with a focus on February 7 weekly options.

AMD's AI bets face investor scrutiny as Big Tech switches to custom chips

By Arsheeya Bajwa

(Reuters) - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race.

Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by the dominance of Nvidia in the AI chip market and the rising trend of tech giants like Microsoft, Amazon.com and Meta developing custom chips.

Investors see "customer silicon and Nvidia as the AI chip market going forward,"... More

Northland on AMD (AMD): 'We think CSPs have good visibility in AMD's product roadmap and are confident in their ability to execute'

Northland analyst Gus Richard reiterated an Outperform rating and $175.00 price target on AMD (NASDAQ: AMD)

The analyst comments "

We believe rumors of AMD ordering CoWos at TSMC are being misinterpreted. Orders are likely moving to OSAT as TSMC is constrained by CoWoS capacity. The headwinds from Embedded and Game will turn... More

AMD (AMD) call put ratio 2.5 calls to 1 put into quarter results

AMD (NASDAQ: AMD) February 7 weekly 116 straddle priced for movement of 8.5% into the expected release of quarter results after the bell on February 4.