Fintel reports that on January 16, 2025, Wolfe Research downgraded their outlook for Advanced Micro Devices (LSE:0QZD) from Outperform to Peer Perform.
Analyst Price Forecast Suggests 60.78% Upside
As of December 23, 2024, the average one-year price target for Advanced Micro Devices is 187.21 GBX/share. The forecasts range from a low of 147.52 GBX to a high of 264.42 GBX. The average price target represents an increase of 60.78% from its latest reported closing price of 116.44 GBX / share.
See our leaderboard of companies with the largest price target upside.
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 3,817 funds or institutions reporting positions in Advanced Micro Devices. This is an decrease of 24 owner(s) or 0.62% in the last quarter. Average portfolio weight of all funds dedicated to 0QZD is 0.58%, an increase of 8.70%. Total shares owned by institutions increased in the last three months by 0.74% to 1,224,952K 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 0QZD 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 0QZD 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 0QZD 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 0QZD 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 0QZD by 0.09% over the last quarter.
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