AMD Stock Rises 6.39% Following Analyst Upgrade to $270 Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Analyst Upgrade: KeyBanc analyst highlighted that AMD's server CPUs are nearly sold out for 2026, driving a 6.39% stock increase and raising the price target to $270, indicating a 22% upside, reflecting strong market demand for its AI and data center business.
- Surge in Trading Volume: AMD's trading volume reached 55 million shares, approximately 25% above the three-month average of 43.9 million shares, indicating strong investor interest likely linked to upcoming earnings expectations.
- Strong Annual Performance: AMD's stock has risen 77% over the past year, trading at 34 times forward earnings, which is considered reasonable given its leadership position in the semiconductor industry and favorable industry trends, showcasing market confidence in its future growth.
- Optimistic Earnings Preview: Bank of America anticipates AMD will exceed expectations in its quarterly report on January 22, driven by robust data center sales, further solidifying investor confidence in the company.
Analyst Views on AMD
Wall Street analysts forecast AMD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMD is 281.78 USD with a low forecast of 200.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
37 Analyst Rating
27 Buy
10 Hold
0 Sell
Moderate Buy
Current: 207.690
Low
200.00
Averages
281.78
High
350.00
Current: 207.690
Low
200.00
Averages
281.78
High
350.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing, graphics and visualization technologies. Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes artificial intelligence (AI) accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), smart network interface Cards (SmartNICs) 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, GPUs, 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+, and 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.
