AMD Stock Outlook: Leading TD Cowen Analyst Maintains Positive View
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2025
0mins
Should l Buy AMD?
Source: TipRanks
Analyst Rating and Price Target: TD Cowen analyst Joshua Buchalter maintains a Buy rating on AMD with a price target of $290, despite recent valuation concerns affecting tech and AI stocks.
AI Market Potential: Buchalter acknowledges AMD's potential in the $1 trillion AI total addressable market, while noting that geopolitical uncertainties may limit revenue targets related to the China market.
Earnings Projections: AMD's management has set an EPS target of over $20, factoring in share dilution from the OpenAI deal, with long-term projections indicating earnings of more than $14 in 2028 and over $24 in 2030.
Operational Improvements: AMD is taking steps to mitigate risks associated with its Helios ramp, including supplier discussions and design enhancements, while also making significant progress on its ROCm software to boost performance.
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Analyst Views on AMD
Wall Street analysts forecast AMD stock price to rise
33 Analyst Rating
25 Buy
8 Hold
0 Sell
Strong Buy
Current: 210.210
Low
210.00
Averages
289.13
High
377.00
Current: 210.210
Low
210.00
Averages
289.13
High
377.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing and artificial intelligence (AI). Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes AI accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive system-on-Chip (SoC) products for data centers. Client and Gaming segment includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services. Embedded segment includes embedded CPUs, APUs, FPGAs, system on modules (SOMs), and Adaptive SoC products. It markets and sells its products under the AMD trademark. Its products include AMD EPYC, AMD Ryzen, AMD Ryzen PRO, Virtex UltraScale+, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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