Wow, up huge today.
Piper Sandler raises price target from $125 to $140 expecting a "snapback" later this year, based on growing demand for AMD's MI3XX chips.
Advanced Micro Devices
AMD
trading on NASDAQ
since 1973
$125.11
(Δ 7.66%
)
+$8.90
since open
Advanced Micro Devices (AMD) is a global semiconductor company that designs and develops high-performance central processing units (CPUs), graphics processing units (GPUs), and adaptive computing solutions for a wide range of applications, including personal computers, gaming consoles, data centers, and AI systems.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $118.64 | $128.14 | $117.78 | $197.37B | 100.96M |
eps | p/e | p/s |
operating margin |
profit margin |
yield |
+$0.44 | 109.75 | 27.35 | 10.84% | 9.53% | 0% |
Ahhhh yeah, AMD announces next-generation AI chips (the MI 400 series) along side Open AI's Sam Altman.
https://www.cnbc.com/2025/06/12/amd-mi400-a...
AMD has had competitive hardware for a while, ever since MI350, but the software has been in the dumps compared to Nvidia. Only time will tell if they have finally turned that story around.
Bank of America ups price target from $118 to $135
Super glad to see the Threadripper lineup still getting updates!
https://www.amd.com/en/newsroom/press-relea...
> At the top of the stack, the Ryzen Threadripper PRO 9995WX offers 96 cores and 192 threads, ideal for visual effects, simulation, and AI model development.
SO. MUCH. POWER.
Mizuho has raised AMD's price target to $135, citing growing expectations from its partnerships and AI portfolio.
> Mizuho maintained its Outperform rating and raised AMDs forward earnings multiple for fiscal 2026 to 20.9x from 18.1x, pointing to greater confidence in long-term profit growth. Central to that view is AMDs $10 billion AI collaboration with HUMAIN and the expected launch of its MI355x chips in the second half of 2025.
As always, AMD trades way below market value.