Based on the provided data and technical analysis, here's the prediction for AMD's stock price next trading week:
Technical Analysis:
News Sentiment Analysis:
Price Projection for Next Week: Based on technical indicators and Fibonacci levels :
Trading Recommendation: SELL with the following points:
Rationale:
The price of AMD is predicted to go up -3.93%, based on the high correlation periods with GRVY. The similarity of these two price pattern on the periods is 96.87%.
AMD
GRVY
Year
AMD Price Forecast($)
Potential Return(%)
2025
175.000
39.590
2026
200.000
59.530
2027
250.000
99.410
2028
250.000
99.410
2029
250.000
92.980
2030
250.000
93.140
AMD has gained market share in the PC CPU market as Intel's manufacturing prowess has hit several road bumps in recent years.
AMD's partnership with chip manufacturing leader Taiwan Semi, plus its adoption of a chiplet manufacturing strategy, has allowed the company to come to market with more formidable products and greater flexibility to bring new products to market quickly.
AI offers a massive opportunity to GPU makers, and while AMD lags industry leader Nvidia, we see plenty of room in the AI market for GPU alternatives such as AMD's products.
Wolfe Research
Price Target
n/a
Upside
0%
Keybanc
Price Target
$220 → $150
Upside
+30.47%
Mizuho
Price Target
$180 → $160
Upside
+38.19%