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Advanced Micro Devices (AMD) shares lost ground Thursday as Jefferies analysts downgraded the stock, saying they expect the performance gap between AMD's latest products and Nvidia's On Thursday, Advanced Micro Devices, Inc. (NASDAQ: AMD) saw its stock rating downgraded by analysts at Jefferies from ’Buy’ to ’Hold’. Accompanying this downgrade, the firm also reduced its Advanced Micro Devices (AMD) stock has gotten a forecast downgrade from analysts at Jeffries, a dramatic change of tone from earlier analysis. AMD is currently trading near the bottom of its 52-week range and below its 200-day simple moving average. AMD stock is being downgraded to a ‘hold’ rating. On the Q3 2025 AMD earnings call, CEO Lisa Su raised the Data Center GPU revenue projection for this year to over $5 billion (previously At least four analysts have lowered their ratings on the chip stock so far this year, with the latest being Ben Reitzes of Melius Research. We should have done this 10 months ago after an epic Advanced Micro Devices (AMD) stock has gotten a forecast downgrade from analysts at Jeffries, a dramatic change of tone from earlier analysis. AMD is currently trading near the bottom of its 52-week range and below its 200-day simple moving average. Advanced Micro Devices (AMD) stock is notably lower Wednesday after financial services firm HSBC downgraded the chipmaker to Reduce (equivalent to a Sell) from Buy and slashed its price Wolfe Research’s Chris Caso cut his rating on AMD shares AMD to peer perform from outperform on Thursday, reflecting more muted expectations for GPU revenue this year. Advanced Micro Devices slips by nearly 6% on Monday after Bank of America analysts downgraded their rating on the stock from Buy to Neutral, also cutting the price target to $155 per share. Shares of Advanced Micro Devices (AMD) fell sharply in early trading Friday, dropping $5.96 (4.89%) to $115.88 after a downgrade from Goldman Sachs (GS). The investment firm adjusted its stance

AMD Stock Downgraded: Why This Expert Expects Shares to Sink

Shares of Advanced Micro Devices (AMD) are under pressure following a wave of analyst downgrades. Several firms have revised their outlook for AMD, raising concerns about the company's future performance. This article delves into the reasons behind the recent downgrades and explores what this means for investors.

Jefferies Downgrades AMD: Performance Gap Concerns

Other Analysts Join the Chorus of Concern

Jefferies isn't alone in its revised outlook. At least four analysts have lowered their ratings on the chip stock so far this year, with the latest being Ben Reitzes of Melius Research, and potentially they should have done this 10 months ago after an epic runup. In addition, Advanced Micro Devices slips by nearly 6% on Monday after Bank of America analysts downgraded their rating on the stock from Buy to Neutral, also cutting the price target to $155 per share. Wolfe Research’s Chris Caso cut his rating on AMD shares to peer perform from outperform on Thursday, reflecting more muted expectations for GPU revenue this year.

HSBC and Goldman Sachs Weigh In

Adding to the downward pressure, Advanced Micro Devices (AMD) stock is notably lower Wednesday after financial services firm HSBC downgraded the chipmaker to Reduce (equivalent to a Sell) from Buy and slashed its price target. Shares of Advanced Micro Devices (AMD) fell sharply in early trading Friday, dropping $5.96 (4.89%) to $115.88 after a downgrade from Goldman Sachs (GS). The investment firm adjusted its stance, contributing to the overall negative trend.

What's Driving the Downgrades?

Several factors appear to be contributing to the downgrades. The performance gap between AMD and Nvidia's high-end GPUs is a key concern, particularly in the lucrative data center market. While on the Q3 2025 AMD earnings call, CEO Lisa Su raised the Data Center GPU revenue projection for this year to over $5 billion (previously a lower amount), analysts are still wary.

Technical Indicators Signal Weakness

AMD is currently trading near the bottom of its 52-week range and below its 200-day simple moving average. These technical indicators suggest further potential downside. The repeated AMD stock downgrade to a ‘hold’ rating reflects a more cautious approach from analysts.