Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Advanced Micro Devices (NASDAQ:) on Monday, setting a price target of $120, which is approximately 30.85% above the present share price of $91.71.
Mosesmann expects Advanced Micro Devices to post earnings per share (EPS) of $0.33 for the first quarter of 2021.
The current consensus among 20 TipRanks analysts is for a Moderate Buy rating of shares in Advanced Micro Devices, with an average price target of $94.71.
The analysts price targets range from a high of $120 to a low of $13.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.8 billion and a net profit of $449 million. The company’s market cap is $110.43 billion.
According to TipRanks.com, Rosenblatt Securities analyst Hans Mosesmann is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.9% and a 69.43% success rate.
Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. The company was founded by W. J. Sanders III on May 1, 1969 and is headquartered in Santa Clara, CA.
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