DA Davidson Upgrades Advanced Micro Devices (BIT:1AMD)
Fintel reports that on April 24, 2026, DA Davidson upgraded their outlook for Advanced Micro Devices (BIT:1AMD) from Neutral to Buy.
Analyst Price Forecast Suggests 17.80% Downside
As of April 18, 2026, the average one-year price target for Advanced Micro Devices is €243.75/share. The forecasts range from a low of €115.73 to a high of €327.23. The average price target represents a decrease of 17.80% from its latest reported closing price of €296.55 / share.
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The projected annual revenue for Advanced Micro Devices is 39,673MM, an increase of 14.53%. The projected annual non-GAAP EPS is 7.41.
What is the Fund Sentiment?
There are 3,164 funds or institutions reporting positions in Advanced Micro Devices. This is an decrease of 650 owner(s) or 17.04% in the last quarter. Average portfolio weight of all funds dedicated to 1AMD is 0.43%, an increase of 18.04%. Total shares owned by institutions decreased in the last three months by 6.08% to 1,090,943K shares.
What are Other Shareholders Doing?
Geode Capital Management holds 37,585K shares representing 2.31% ownership of the company. In its prior filing, the firm reported owning 37,297K shares , representing an increase of 0.77%. The firm increased its portfolio allocation in 1AMD by 29.10% over the last quarter.
Norges Bank holds 23,017K shares representing 1.41% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Jpmorgan Chase holds 20,912K shares representing 1.28% ownership of the company. In its prior filing, the firm reported owning 13,565K shares , representing an increase of 35.13%. The firm increased its portfolio allocation in 1AMD by 113.83% over the last quarter.
Price T Rowe Associates holds 20,325K shares representing 1.25% ownership of the company. In its prior filing, the firm reported owning 20,269K shares , representing an increase of 0.28%. The firm increased its portfolio allocation in 1AMD by 33.77% over the last quarter.
Ubs Asset Management Americas holds 18,631K shares representing 1.14% ownership of the company. In its prior filing, the firm reported owning 18,852K shares , representing a decrease of 1.19%. The firm increased its portfolio allocation in 1AMD by 27.38% over the last quarter.