Advanced Micro Devices (AMD) Weekly Stock Update 📈 Jan 19th 2025
Weekly Highlights 📅✨
- Strategic Acquisition: AMD announced plans to acquire ZT Systems, a leading provider of data center equipment, for $4.9 billion. This move aims to bolster AMD’s presence in the AI and cloud computing sectors, challenging competitors like Nvidia. The Times
- AI Market Expansion: At the “Advancing AI 2024” event, CEO Lisa Su projected the global market for AI accelerator chips could reach $500 billion by 2028, indicating a 60% annual growth rate from a $45 billion market in 2023. MarketWatch
Key Metrics 📊
| Metric | Value |
|---|---|
| Stock Price | $121.46 |
| Market Cap | $197.1 Billion |
| P/E Ratio | 108.0 |
| Forward P/E Ratio | 23.7 |
| 52-Week Range | $114.41 – $227.30 |
| YTD Return | +0.6% |
| Dividend Yield | N/A |
Analyst Insights 🧐🌟
- Consensus Rating: Strong Buy
- Average Target Price: $178.78
- Upside Potential: +47.19%
Analyst Recommendations:
- Strong Buy: 29 analysts
- Buy: 1 analyst
- Hold: 9 analysts
- Sell: 0 analysts
- Strong Sell: 0 analysts
Growth Indicators 📈🚀
| Metric | Value |
|---|---|
| Sales Growth (Next Year) | 25.7% |
| EPS Growth (Next Year) | 54.2% |
| 5-Year EPS Growth Est. | 32.9% |
Recent News 📰
- AMD Launches New AI Chips to Meet ‘Insatiable’ AI Demand: AMD unveiled new AI chips, including the fifth-generation EPYC server processor and Ryzen AI PRO processors, aiming to capture a larger share of the growing AI market. Investopedia
- Lisa Su Named CEO of the Year 2024: TIME magazine recognized Lisa Su for transforming AMD into a leading semiconductor giant, with the company’s market value surpassing Intel’s under her leadership. Time