Top Wall Street Forecasters Revamp AMD Motor Expectations Ahead Of Q1 Earnings

Advanced Micro Devices, Inc. AMD will release earnings results for the first quarter, after the closing bell on Tuesday, May 6.

Analysts expect the Santa Clara, California-based company to report quarterly earnings at 93 cents per share, up from 62 cents per share in the year-ago period. AMD projects to report quarterly revenue at $7.12 billion, compared to $5.47 billion a year earlier, according to data from Benzinga Pro.

Advanced Micro Devices, on April 9, announced the new Alphabet Inc GOOG GOOGL Google Cloud C4D and H4D virtual machines (VMs), which fifth-generation AMD EPYC processors power.

AMD shares gained 1.8% to close at $100.59 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Stifel analyst Ruben Roy maintained a Buy rating and cut the price target from $162 to $132 on April 28, 2025. This analyst has an accuracy rate of 78%.
• Susquehanna analyst Christopher Rolland maintained a Positive rating and cut the price target from $150 to $135 on April 24, 2025. This analyst has an accuracy rate of 72%.
• Wedbush analyst Matt Bryson maintained an Outperform rating and slashed the price target from $150 to $115 on April 23, 2025. This analyst has an accuracy rate of 79%.
• Bernstein analyst Stacy Rasgon maintained a Market Perform rating and cut the price target from $125 to $95 on April 22, 2025. This analyst has an accuracy rate of 71%.
• UBS analyst Timothy Arcuri maintained a Buy rating and lowered the price target from $175 to $155 on April 17, 2025. This analyst has an accuracy rate of 75%.

Considering buying AMD stock? Here’s what analysts think: