Advanced Micro Devices, Inc. $AMD reported second-quarter 2026 revenue of $11.5 billion, up 50.1% from a year earlier and ahead of the estimate of $11.4 billion. Gross profit nearly doubled to $6.2 billion, reflecting stronger operating momentum across the business.
Net income attributable to common shareholders rose to $2.3 billion, while diluted earnings per share came in at $1.38. Operating cash flow increased to $2.4 billion, and the company ended the quarter with $5.1 billion in cash and cash equivalents.
Costs also rose during the quarter, with cost of sales reaching $5.4 billion and total liabilities climbing to $17.2 billion. Shares fell 7.5% after the market close following the release.
- Revenue: $11.5 billion, up 50.1% year over year
- Gross profit: $6.2 billion, up 102.8%
- Net income: $2.3 billion, up 165.9%
- Diluted EPS: $1.38
- Post-close stock move: down 7.5%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Advanced Micro Devices, Inc. Insider Trading Activity
Advanced Micro Devices, Inc. insiders have traded $AMD stock on the open market 99 times in the past 6 months. Of those trades, 0 have been purchases and 99 have been sales.
Here’s a breakdown of recent trading of $AMD stock by insiders over the last 6 months:
- LISA T SU (Chair, President & CEO) has made 0 purchases and 66 sales selling 460,000 shares for an estimated $156,964,106.
- MARK D PAPERMASTER (Chief Technology Officer & EVP) has made 0 purchases and 7 sales selling 82,756 shares for an estimated $27,854,500.
- FORREST EUGENE NORROD (EVP & GM DESG) has made 0 purchases and 13 sales selling 38,937 shares for an estimated $12,623,752.
- NORA DENZEL has made 0 purchases and 2 sales selling 10,447 shares for an estimated $5,453,334.
- JEAN X. HU (EVP, CFO and Treasurer) has made 0 purchases and 9 sales selling 19,956 shares for an estimated $4,023,580.
- PAUL DARREN GRASBY (EVP & CSO) sold 7,500 shares for an estimated $1,536,525
- AVA HAHN (SVP, GC & Corporate Secretary) sold 286 shares for an estimated $56,813
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Advanced Micro Devices, Inc. Hedge Fund Activity
We have seen 1,877 institutional investors add shares of Advanced Micro Devices, Inc. stock to their portfolio, and 1,437 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 8,521,182 shares (+41.9%) to their portfolio in Q1 2026, for an estimated $1,691,667,656
- VIKING GLOBAL INVESTORS LP removed 3,742,191 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $742,918,468
- GOLDMAN SACHS GROUP INC added 3,138,991 shares (+34.3%) to their portfolio in Q1 2026, for an estimated $623,168,188
- NATIONAL BANK OF CANADA /FI/ added 2,645,339 shares (+141.3%) to their portfolio in Q1 2026, for an estimated $525,165,924
- BANK OF AMERICA CORP /DE/ removed 2,489,248 shares (-19.7%) from their portfolio in Q1 2026, for an estimated $494,177,959
- GEODE CAPITAL MANAGEMENT, LLC added 2,206,241 shares (+5.9%) to their portfolio in Q1 2026, for an estimated $437,993,994
- AMUNDI removed 2,147,939 shares (-13.6%) from their portfolio in Q1 2026, for an estimated $426,419,589
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Advanced Micro Devices, Inc. Congressional Stock Trading
Members of Congress have traded $AMD stock 13 times in the past 6 months. Of those trades, 10 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $AMD stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 6 times. They made 5 purchases worth up to $110,000 on 06/05, 05/15, 05/14, 04/14, 02/10 and 1 sale worth up to $15,000 on 03/13.
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 3 times. They made 3 purchases worth up to $45,000 on 05/05, 04/27, 04/23 and 0 sales.
- SENATOR ALAN ARMSTRONG purchased up to $50,000 on 03/27.
- REPRESENTATIVE THOMAS R. SUOZZI sold up to $15,000 on 02/18.
- REPRESENTATIVE CLEO FIELDS purchased up to $100,000 on 02/03.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Advanced Micro Devices, Inc. Analyst Ratings
Wall Street analysts have issued reports on $AMD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 05/06/2026
To track analyst ratings and price targets for Advanced Micro Devices, Inc., check out Quiver Quantitative's $AMD forecast page.
Advanced Micro Devices, Inc. Price Targets
Multiple analysts have issued price targets for $AMD recently. We have seen 27 analysts offer price targets for $AMD in the last 6 months, with a median target of $490.0.
Here are some recent targets:
- James Schneider from Goldman Sachs set a target price of $640.0 on 07/06/2026
- Aaron Rakers from Wells Fargo set a target price of $615.0 on 06/30/2026
- C.J. Muse from Cantor Fitzgerald set a target price of $700.0 on 06/29/2026
- Timothy Arcuri from UBS set a target price of $670.0 on 06/24/2026
- Atif Malik from Citigroup set a target price of $575.0 on 06/12/2026
- Vivek Arya from B of A Securities set a target price of $560.0 on 06/11/2026
- Vijay Rakesh from Mizuho set a target price of $615.0 on 06/01/2026
