Fintel reports that on January 28, 2025, Melius Research downgraded their outlook for Advanced Micro Devices (XTRA:AMD) from Buy to Hold.
Analyst Price Forecast Suggests 52.52% Upside
As of January 28, 2025, the average one-year price target for Advanced Micro Devices is 166,80 €/share. The forecasts range from a low of 105,97 € to a high of 250,38 €. The average price target represents an increase of 52.52% from its latest reported closing price of 109,36 € / share.
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The projected annual revenue for Advanced Micro Devices is 31,291MM, an increase of 28.80%. The projected annual non-GAAP EPS is 5.55.
What is the Fund Sentiment?
There are 3,774 funds or institutions reporting positions in Advanced Micro Devices. This is an decrease of 67 owner(s) or 1.74% in the last quarter. Average portfolio weight of all funds dedicated to AMD is 0.57%, an increase of 9.36%. Total shares owned by institutions decreased in the last three months by 0.79% to 1,219,798K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 51,307K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 51,068K shares , representing an increase of 0.47%. The firm decreased its portfolio allocation in AMD by 4.55% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 42,388K shares representing 2.61% ownership of the company. In its prior filing, the firm reported owning 41,484K shares , representing an increase of 2.13%. The firm decreased its portfolio allocation in AMD by 4.88% over the last quarter.
Price T Rowe Associates holds 35,308K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 20,117K shares , representing an increase of 43.02%. The firm increased its portfolio allocation in AMD by 70.81% over the last quarter.
Geode Capital Management holds 34,244K shares representing 2.11% ownership of the company. In its prior filing, the firm reported owning 33,802K shares , representing an increase of 1.29%. The firm decreased its portfolio allocation in AMD by 5.53% over the last quarter.
Invesco Qqq Trust, Series 1 holds 31,432K shares representing 1.94% ownership of the company. In its prior filing, the firm reported owning 31,130K shares , representing an increase of 0.96%. The firm decreased its portfolio allocation in AMD by 0.09% over the last quarter.
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