Cracking The Code: Understanding Analyst Reviews For Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
Advanced Micro Devices (NASDAQ:AMD) received mixed analyst ratings over the past three months, with a total of 38 analysts providing insights. The sentiment has shifted slightly bullish with an increase in the average 12-month price target to $192.26, indicating a 22.18% rise from the previous target. Analyst actions include a mix of raised, maintained, and lowered ratings, reflecting varying perspectives on AMD's market position and financial performance. Despite positive revenue growth, AMD's net margin, ROE, and ROA are below industry averages, suggesting challenges in profitability and asset utilization.

March 04, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Advanced Micro Devices has seen a mix of analyst ratings, with a recent bullish trend in price targets. Despite this, challenges in profitability and asset utilization are noted.
The increase in the average 12-month price target suggests a positive outlook from analysts, potentially leading to short-term price appreciation. However, the underlying concerns about profitability and asset utilization could temper long-term gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100