Raymond James Adjusts Price Target on Advanced Micro Devices (NASDAQ:AMD) to $115 From $100
Raymond James Adjusts Price Target on Advanced Micro Devices (NASDAQ:AMD) to $115 From $100, Keeps Strong Buy Rating.
AMD
For more than 50 years AMD (NASDAQ:AMD) has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible.
Morgan Stanley: Rised AMD (NASDAQ:AMD) price target to $87 from $77 with an overweight rating
Morgan Stanley published a research report that AMD (NASDAQ:AMD) has a weak outlook, with data center businesses falling by double digits quarter-on-quarter and gross margin lower than expected. In a challenging environment, Dama still believes that this is better than feared. The bank’s revenue forecast for fiscal 2023 remained largely unchanged, but gross margin was lowered. AMD data center limited visibility into customer inventory levels will improve the data center’s risk profile, but given its strong market share, the bank raised its group price target to $87 with an overweight rating. The bank expects the group’s first-quarter revenue of US$5.317 billion, non-GAAP gross margin of 50%, non-GAAP operating profit of 20% and earnings per share of US$0.57.
Wedbush Lowers AMD’s (NASDAQ:AMD) Price Target to $95 From $100
Wedbush Lowers AMD’s (NASDAQ:AMD) Price Target to $95 From $100 on Muted Expectations, Keeps Outperform Rating.
Wedbush Lowers AMD’s (NASDAQ:AMD) Price Target to $95 From $100 Read Post »
Mizuho: Maintain AMD (NASDAQ:AMD) “Buy” rating and lower its price target to $90
Mizuho analyst Vijay Rakesh lowered AMD (NASDAQ:AMD) price target to $90 from $95 and maintained a “buy” rating. The analyst told investors in a research note that the company posted results in line with expectations and expects the March quarter to be “better than expected.” The company believes AMD’s short-term margins may weaken as data center growth slows, but expects some improvement in the second half of 2023.
Mizuho: Maintain AMD (NASDAQ:AMD) “Buy” rating and lower its price target to $90 Read Post »
AMD’s Q4 Non-GAAP EPS Drops, Revenue Rises
01/31/2023 AMD (NASDAQ:AMD) reported Tuesday Q4 non-GAAP earnings of $0.69 per diluted share, down from $0.92 a year earlier. Analysts polled by Capital IQ expected $0.67. Revenue for the quarter ended Dec. 31, 2022, was $5.6 billion, up from $4.83 billion a year earlier. Analysts surveyed by Capital IQ expected $5.52 billion. The company said it expects Q1 revenue to be about $5.3 billion, plus or minus $300 million. Analysts polled by Capital IQ expect $5.51 billion.
AMD’s Q4 Non-GAAP EPS Drops, Revenue Rises Read Post »
AMD Inc. (NASDAQ:AMD) revenue of $5.6 B in Q4 2022 , YoY+16%
Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock price trend forecast and trading range: Updated to: 2023.2.1 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $78 – $90 Support: $78 resistance: $90 Stop Loss Price: $78 price target: $90 Buy the position again: stop fall and rise to $78 Medium-term trend: bullish High sell low buy range: $78 – $95 Support: $78 resistance: $95 Stop Loss price: $78 price target: $95 Buy the position again: stop fall and rise to $78 Long-term trend: bullish High sell low buy of range: $78 – $100 Support : $78 resistance: $100 Stop Loss price: $78 price target : $100 Buy the position again: stop fall and rise to $78 From Analysis from financial statements: revenue for the fourth
AMD Inc. (NASDAQ:AMD) revenue of $5.6 B in Q4 2022 , YoY+16% Read Post »
TSMC and GF will remain AMD’s main foundry partners Samsung has only received part of the 14nm order
Industry insiders expect that by 2025, TSMC and GF will still be AMD’s main foundry partners, while Samsung has only received orders for AMD’s APU and GPU products 14nm chips.
AMD (NASDAQ:AMD) Stock Price Trend Forecast and Market Analysis-2022.12.29
Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Price Trend Forecast and Market Analysis: 2022.12.29 From the stock chart analysis, the recent stock price movements have been weaker, at the 60-day moving average, but the probability of the stock price directly breaking below $54 is not high, and there may be a certain rebound range in the short term. Recommended short-term buy price above $61, stop loss price of $61, target price of $72. If the stock price falls below $61, the probability of the share price falling to $54 will rise. From the analysis of financial statements, the chip industry is headwinded, demand has fallen, and it is in a counter-cycle. Revenue for the third quarter of 2022 was $5.6 billion, gross margin was 42%, operating loss was $64 million, net income was $66 million, and diluted earnings per share were $0.04. Non-GAAP gross margin was 50%, operating income was $1.3
AMD (NASDAQ:AMD) Stock Price Trend Forecast and Market Analysis-2022.12.29 Read Post »
Graphics card destocking began to show results Nvidia and AMD Some products rebounded in December
According to statistics, in December, NVIDIA RTX30 high-end products have no inventory, the low-end version has an average increase of 3%, AMD RX6000 series graphics card prices have also rebounded by an average of 5%, coupled with NVIDIA RTX40, AMD RX7000 series new products have been released one after another, motherboard manufacturers are expected to gradually get rid of the bottom of operation.