Price Target Review on Advanced Micro Devices, Inc. (NASDAQ:AMD)

(NASDAQ:AMD) closed the trading at a price of $7.43 with the negative change of -3.13%. The semiconductor manufacturer reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.03.

“While we recognize that roadmap execution, competition and financial risks remain, we remain impressed with the new administration team and anticipate a quick recovery to solid profitability given lower expenses necessitated by the company’s recent struggles”. The latest trading activity showed that the Advanced Micro Devices Inc price went down -6.69% from its 52-week low and trades up 352.42% versus its 52-week high. Now the stock has been rated as “Buy” from 7 Analysts.

Investors can forget that the stocks they are trading are shares of an actual, real-life company. In the past 5 years, the stock has earnings growth rate of -43.28% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 49.4% per annum.

Many analysts are providing their Estimated Earnings analysis for Advanced Micro Devices, Inc. and for the current quarter 16 analysts have projected that the stock could give an Average Earnings estimate of $0/share. The stock’s price moved above its 200 day moving average of $4.128.

Vega is Advanced Micro Devices’ next-generation high-performance graphic units, which have 14nm FinFET technology and second-generation High Bandwidth Memory. The stock’s market capitalization is 5.91B. This target is the consensus price coming from analysts polled by Thomson Reuters.

Canaccord said that Advanced Micro Devices’ Zen platform isn’t quite on par with Intel’s (INTC) Skylake processors, but it should deliver solid performance levels. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $5.64. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.55. After the day began at $5.48, the company was seen hitting $5.85 as its intraday high price and $5.34 as its bottom price. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, Inc.is 1.2 Billion and the High Revenue Estimate is 1.22 Billion. (NASDAQ:INTU) are -2.56%; -3.32% for the month; 4.87% for the last quarter; 10.38% for the past six-months; and 39.18% for the last 12 months. Year-to-Date the stock performance stands at 167.25%. The prior close of the stock price is recorded at $5.51. The company’s revenue was down -19.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.09 EPS.