Advanced Micro Devices, Inc. (NASDAQ:AMD) will release its second quarter earnings report after the closing bell on Tuesday, Aug. 4.

Analysts expect the Santa Clara, California-based company to report quarterly earnings of $1.61 per share, up from 48 cents per share in the year-ago period. The consensus estimate for AMD’s quarterly revenue is $11.31 billion. It reported $7.68 billion last year, according to Benzinga Pro.

On July 22, AMD and Anthropic disclosed a strategic partnership to deploy up to 2 gigawatts of AMD Instinct MI450 Series GPUs.

Shares of AMD rose 1.8% to close at $484.64 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.

  • Susquehanna analyst Christopher Rolland maintained a Positive rating and raised the price target from $450 to $500 on July 30, 2026. This analyst has an accuracy rate of 80%.
  • Mizuho analyst Vijay Rakesh maintained an Outperform rating and increased the price target from $615 to $625 on July 27, 2026. This analyst has an accuracy rate of 83%.
  • Wedbush analyst Matt Bryson maintained an Outperform rating and boosted the price target from $450 to $600 on July 27, 2026. This analyst has an accuracy rate of 88%.
  • UBS analyst Timothy Arcuri maintained a Buy rating and raised the price target from $700 to $730 on July 24, 2026. This analyst has an accuracy rate of 86%.
  • Jefferies analyst Blayne Curtis maintained the stock with a Buy rating and boosted the price target from $515 to $640 on July 24, 2026. This analyst has an accuracy rate of 80%

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

Photo via Shutterstock