Advanced Micro Devices AMD -1.68% ▼ stock has experienced a rough couple of days of trading after rival chipmaker Nvidia NVDA -1.76% ▼ released its latest earnings report. The company also announced a major deal with Meta Platforms META -1.93% ▼ to provide it with servers for artificial intelligence (AI).
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All of this recent news has promoted updated analyst coverage of AMD stock. Let’s dig into what Wall Street’s top analysts think of AMD now:
Evercore ISI analyst Mark Lipacis reiterated a Buy rating and raised his price target to $358 from $328, implying a 79.12% upside.
Mizuho Securities analyst Vijay Rakesh maintained a Buy rating and bumped his price target to $280 from $275, representing a 40.09% upside.
Goldman Sachs analyst James Schneider kept a Hold rating but increased his price target to $240 from $210, suggesting a possible 20.08% upside.
Several other top analysts also reiterated Buy and Hold ratings for AMD stock.
Lipacis was particularly bullish on AMD stock in a note to clients. He said that the AI deals the company has signed could result in its adjusted earnings per share increasing by more than $2 in 2027, $5 in 2028 and, $8 in 2029. Investors will also note that Lipacis has the highest price target for AMD stock among his peers.
AMD Stock Movement Today
AMD stock was down 1.5% on Friday, extending a 6.32% year-to-date drop. However, the shares were still up 103.97% over the past 12 months.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 23 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $286.04, representing a potential 42.96% upside for the shares.
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Where Do Analysts Stand on AMD Stock?
Advanced Micro Devices AMD -1.68% ▼ stock has experienced a rough couple of days of trading after rival chipmaker Nvidia NVDA -1.76% ▼ released its latest earnings report. The company also announced a major deal with Meta Platforms META -1.93% ▼ to provide it with servers for artificial intelligence (AI).
Claim 50% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
All of this recent news has promoted updated analyst coverage of AMD stock. Let’s dig into what Wall Street’s top analysts think of AMD now:
Evercore ISI analyst Mark Lipacis reiterated a Buy rating and raised his price target to $358 from $328, implying a 79.12% upside.
Mizuho Securities analyst Vijay Rakesh maintained a Buy rating and bumped his price target to $280 from $275, representing a 40.09% upside.
Goldman Sachs analyst James Schneider kept a Hold rating but increased his price target to $240 from $210, suggesting a possible 20.08% upside.
Several other top analysts also reiterated Buy and Hold ratings for AMD stock.
Lipacis was particularly bullish on AMD stock in a note to clients. He said that the AI deals the company has signed could result in its adjusted earnings per share increasing by more than $2 in 2027, $5 in 2028 and, $8 in 2029. Investors will also note that Lipacis has the highest price target for AMD stock among his peers.
AMD Stock Movement Today
AMD stock was down 1.5% on Friday, extending a 6.32% year-to-date drop. However, the shares were still up 103.97% over the past 12 months.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 23 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $286.04, representing a potential 42.96% upside for the shares.
Disclaimer & DisclosureReport an Issue