Advanced Micro Devices (AMD) to Release Quarterly Earnings on Tuesday

by · The Cerbat Gem

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) will likely be releasing its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of $1.61 per share and revenue of $11.3010 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 5:00 PM ET.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. Advanced Micro Devices’s revenue was up 37.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 earnings per share. On average, analysts expect Advanced Micro Devices to post $6 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Advanced Micro Devices Stock Down 5.2%

Shares of AMD opened at $494.95 on Tuesday. Advanced Micro Devices has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The company’s fifty day moving average is $514.08 and its two-hundred day moving average is $343.51. The firm has a market cap of $807.07 billion, a PE ratio of 162.28 and a beta of 2.47. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president owned 324,527 shares in the company, valued at approximately $140,000,947.80. This represents a 5.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the completion of the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This represents a 4.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 310,310 shares of company stock worth $141,185,456. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors have recently made changes to their positions in the business. Sivia Capital Partners LLC grew its stake in shares of Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the period. Brighton Jones LLC increased its position in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. United Bank raised its position in shares of Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after acquiring an additional 2,392 shares during the last quarter. Schnieders Capital Management LLC. raised its position in shares of Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after acquiring an additional 7,228 shares during the last quarter. Finally, Revolve Wealth Partners LLC lifted its stake in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

  • Positive Sentiment: Major AI infrastructure partnership: AMD agreed with Core Scientific (NASDAQ: CORZ) to secure up to 2.5 gigawatts of data-center capacity for customer deployments. The companies will collaborate on facilities using AMD Instinct GPUs, EPYC CPUs and ROCm software, supporting AMD’s strategy of selling integrated AI systems rather than standalone chips. Core Scientific and AMD Announce Infrastructure Partnership
  • Positive Sentiment: Analyst optimism after Advancing AI: Mizuho raised its AMD price target to $625 from $615, citing Helios rack-scale systems, the Venice CPU launch and roughly 14 GW of Helios commitments. Wedbush also lifted its target to $600 and maintained an outperform rating. These revisions reinforce expectations that AMD can gain share in AI infrastructure. Mizuho Lifts AMD Stock Price Target
  • Neutral Sentiment: AI trade pullback: AMD is among several AI-related stocks retreating as investors question whether elevated infrastructure spending can justify current valuations. Long-term demand trends and bullish analyst targets remain intact, but near-term volatility is likely to remain high. 5 AI Stocks Are Pulling Back
  • Negative Sentiment: Valuation and competitive concerns: AMD’s elevated earnings multiple leaves the stock vulnerable to profit-taking. Investors are also weighing stronger Chinese semiconductor competition, expensive data-center financing and the possibility that ARM-based CPUs could displace AMD’s EPYC processors in some AI servers. Why Micron, Nvidia and AMD Stocks Are Falling
  • Negative Sentiment: Insider selling adds a cautionary signal: Reported open-market activity showed AMD insiders selling shares without purchases during the past six months. While such transactions may reflect compensation or diversification, the imbalance can weigh on sentiment when the stock is already trading at a demanding valuation.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. TD Cowen raised their target price on Advanced Micro Devices from $600.00 to $675.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Stifel Nicolaus increased their price target on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a report on Friday, July 10th. UBS Group restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Friday. Oppenheimer downgraded Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a report on Wednesday, May 6th. Finally, HSBC lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their target price for the company from $335.00 to $340.00 in a research report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $528.11.

Get Our Latest Analysis on Advanced Micro Devices

Advanced Micro Devices Company Profile

(Get Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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