Seaport Global has downgraded Advanced Micro Devices Inc (AMD) to Neutral from Buy, effective September 3, 2025. The current share price stands at $197.97.
This downgrade suggests increased caution regarding AMD's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could affect the company's performance.
Analyst ratings and price targets provide insights based on research and financial models. However, they are based on assumptions that may not always materialize. Investors should consider a range of factors, including company fundamentals, competitive positioning, industry trends, and personal financial goals when making decisions. Analyst opinions are just one of many inputs to consider.
It's important to note that analyst ratings can evolve over time as new information becomes available. In recent weeks, other analysts have taken varied stances on AMD, with Truist Securities upgrading the stock to Buy from Hold on August 26, 2025, while Mizuho and Wedbush maintained their Outperform ratings.
Advanced Micro Devices operates in the semiconductor industry, focusing on high-performance computing, graphics, and visualization technologies. With a market cap of $342.8 billion, AMD has a P/E ratio of 103.70 and an EPS of $2.02. Upcoming earnings are expected on August 3, 2026, with an EPS estimate of $1.38 and revenue estimate of $10.1 billion.