Advanced Micro Devices Inc [NASDAQ: AMD] slipped around -5.8 points on Friday, while shares priced at $116.04 at the close of the session, down -4.76%.
Compared to the average trading volume of 36.95M shares, AMD reached a trading volume of 58948376 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Advanced Micro Devices Inc [AMD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMD shares is $176.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMD stock is a recommendation set at 1.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Advanced Micro Devices Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 10, 2025. The new note on the price target was released on January 08, 2025, representing the official price target for Advanced Micro Devices Inc stock. Previously, the target price had yet another drop from $180 to $155, while BofA Securities kept a Neutral rating on AMD stock. On October 30, 2024, analysts decreased their price target for AMD shares from 210 to 185.
The Average True Range (ATR) for Advanced Micro Devices Inc is set at 4.89, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 7.75. The Price to Book ratio for the last quarter was 3.30, with the Price to Cash per share for the same quarter was set at 2.80. Price to Free Cash Flow for AMD in the course of the last twelve months was 121.02 with Quick ratio for the last quarter at 1.78.
How has AMD stock performed recently?
Advanced Micro Devices Inc [AMD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.81. With this latest performance, AMD shares dropped by -11.33% in over the last four-week period, additionally sinking by -36.22% over the last 6 months – not to mention a drop of -22.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMD stock in for the last two-week period is set at 34.56, with the RSI for the last a single of trading hit 32.33, and the three-weeks RSI is set at 36.17 for Advanced Micro Devices Inc [AMD]. The present Moving Average for the last 50 days of trading for this stock 134.49, while it was recorded at 124.03 for the last single week of trading, and 151.73 for the last 200 days.
Advanced Micro Devices Inc [AMD]: Deeper insight into the fundamentals
Advanced Micro Devices Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.78 and a Current Ratio set at 2.50.
Earnings analysis for Advanced Micro Devices Inc [AMD]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Advanced Micro Devices Inc go to 39.40%.
Insider trade positions for Advanced Micro Devices Inc [AMD]
There are presently around $72.10%, or 72.45%% of AMD stock, in the hands of institutional investors. The top three institutional holders of AMD stocks are: VANGUARD GROUP INC with ownership of 147.32 million shares, which is approximately 8.8951%. BLACKROCK INC., holding 130.38 million shares of the stock with an approximate value of $$21.15 billion in AMD stocks shares; and BLACKROCK INC., currently with $$11.13 billion in AMD stock with ownership which is approximately 4.2418%.
