Loop Capital initiates coverage of AMD with Buy recommendation, projecting upside potential and revenue increase

From Nasdaq: 2025-01-14 07:05:41

Loop Capital initiated coverage of Advanced Micro Devices (NasdaqGS:AMD) with a Buy recommendation on January 14, 2025. Analysts forecast a 58.42% upside, with an average price target of $185.86/share. Revenue is projected at 30,504MM, a 25.56% increase, and non-GAAP EPS at 5.60.

There are 3,834 funds or institutions reporting positions in AMD, up 0.87% in the last quarter. The average portfolio weight is 0.59%, up 10.15%. Total shares owned by institutions increased by 0.72% to 1,224,613K shares. The put/call ratio of AMD is 0.83, indicating a bullish outlook.

Key shareholders include Vanguard Total Stock Market Index Fund Investor Shares, Vanguard 500 Index Fund Investor Shares, Price T Rowe Associates, and Geode Capital Management. Each shows ownership percentages and changes in portfolio allocation.

Advanced Micro Devices has been driving innovation in high-performance computing, graphics, and visualization technologies for over 50 years. Their products are relied upon by consumers, businesses, and research facilities globally. Employees are dedicated to pushing the boundaries of what is possible in technology.

Fintel offers a comprehensive investing research platform with data on fundamentals, analyst reports, ownership, fund sentiment, and more. Exclusive stock picks are powered by advanced quantitative models. Learn more about Fintel’s services and stock insights on their website.

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