Advanced Micro Devices, Inc. (NASDAQ:AMD) will release earnings for its first quarter after the closing bell on Tuesday, May 5.

Analysts expect the Santa Clara, California-based company to report quarterly earnings of $1.29 per share, up from 96 cents per share in the year-ago period. The consensus estimate for AMD's quarterly revenue is $9.89 billion (it reported $7.44 billion last year), according to Benzinga Pro.

The company has beaten analyst estimates for revenue in 14 straight quarters.

Advanced Micro Devices shares fell 5.3% to close at $341.54 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • HSBC analyst Frank Lee downgraded the stock from Buy to Hold and raised the price target from $335 to $340 on May 4, 2026. This analyst has an accuracy rate of 74%.
  • Wedbush analyst Matt Bryson maintained an Outperform rating and raised the price target from $290 to $400 on May 4, 2026. This analyst has an accuracy rate of 89%.
  • RBC Capital analyst Srini Pajjuri maintained a Sector Perform rating and increased the price target from $230 to $325 on May 1, 2026. This analyst has an accuracy rate of 86%.
  • Susquehanna analyst Christopher Rolland maintained a Positive rating and boosted the price target from $300 to $375 on April 29, 2026. This analyst has an accuracy rate of 82%.
  • Northland Capital Markets analyst Gus Richard downgraded the stock from Outperform to Market Perform with a price target of $260 on April 27, 2026. This analyst has an accuracy rate of 74%.

Considering buying AMD stock? Here’s what analysts think:

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