DA Davidson initiated coverage of Advanced Micro Devices (NasdaqGS:AMD) with a Neutral recommendation on February 13, 2026. The average one-year price target for AMD is $284.17/share, with a forecasted 37.98% upside from the latest closing price of $205.94/share.

The projected annual revenue for AMD is 31,082MM, showing a 10.27% decrease, with a projected annual non-GAAP EPS of 6.56. As of the last quarter, there are 3,829 funds or institutions reporting positions in AMD.

In terms of major shareholders, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares increased its portfolio allocation in AMD by 25.54% over the last quarter. VFINX – Vanguard 500 Index Fund Investor Shares and Geode Capital Management also adjusted their portfolio allocations.

Invesco Qqq Trust, Series 1 increased its portfolio allocation in AMD by 16.68% over the last quarter. Norges Bank reported owning 23,017K shares, showing a significant increase of 100.00% from its prior filing. The put/call ratio of AMD is 1.11, indicating a bearish outlook.

Read more at Nasdaq: DA Davidson Initiates Coverage of Advanced Micro Devices (AMD) with Neutral Recommendation