AMD Reports 2016 First Quarter Results

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Advanced Micro Devices (AMD) Gives Back Some of Friday's Huge Gains

April 25, 2016 10:21 AM UTC

After surging 52% on Friday related to positive results and outlook, Advanced Micro Devices (NASDAQ: AMD) is down 11.3% in early trading Monday. Many analysts remained skeptical despite the big move, which was likely driven in part by short covering.

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Craig-Hallum Upgrades AMD (AMD) to Buy

April 22, 2016 7:30 AM UTC

Craig-Hallum upgraded AMD (NASDAQ: AMD) from Hold to Buy with a price target of $6.00.

For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.

Shares of AMD closed at $2.62 yesterday.

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AMD (AMD) PT Raised to $4.50 at Jefferies on 'Beat and Raise' Qtr

April 22, 2016 6:48 AM UTC

Jefferies analyst Mark Lipacis reiterated a Buy rating and raised his price target on AMD (NASDAQ: AMD) to $4.50 (from $3.50) following the 'beat and raise' quarter from the company.

Lipacis commented, "AMD Beat 1Q and Raised 2Q outlook on new product visibility.... More

MKM Partners Upgrades AMD (AMD) to Buy

April 22, 2016 6:45 AM UTC

MKM Partners upgraded AMD (NASDAQ: AMD) from Neutral to Buy.

For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.

Shares of AMD closed at $2.62 yesterday.

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Exane BNP Paribas Upgrades AMD (AMD) to Neutral

April 22, 2016 6:44 AM UTC

Exane BNP Paribas upgraded AMD (NASDAQ: AMD) from Underperform to Neutral.

For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.

Shares of AMD closed at $2.62 yesterday.

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Advanced Micro Devices (AMD) Tops Q1 EPS by 1c

April 21, 2016 4:16 PM UTC

Advanced Micro Devices (NASDAQ: AMD) reported Q1 EPS of ($0.12), $0.01 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $832 million versus the consensus estimate of $818.16 million.

For Q2 2016, AMD expects revenue to increase 15 percent, plus or minus 3 percent, sequentially.

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