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Advanced Micro Devices (AMD) Stock Forecast, Price Target & Predictions

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AMD Stock Forecast

Advanced Micro Devices stock forecast is as follows: an average price target of $176.11 (represents a 26.34% upside from AMD’s last price of $139.39) and a rating consensus of 'Buy', based on 35 wall street analysts offering a 1-year stock forecast.

AMD Price Target

The average price target for Advanced Micro Devices (AMD) is $176.11 based on 1-year price targets from 35 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $80.00. This represents a potential 26.34% upside from AMD's last price of $139.39.

AMD Analyst Ratings

Buy

According to 35 Wall Street analysts, Advanced Micro Devices's rating consensus is 'Buy'. The analyst rating breakdown for AMD stock is 1 'Strong Buy' (2.86%), 27 'Buy' (77.14%), 7 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Advanced Micro Devices Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Harsh KumarPiper Sandler$180.00$152.5418.00%29.13%
Oct 30, 2024Tristan GerraRobert W. Baird$175.00$166.255.26%25.55%
Oct 30, 2024Ross SeymoreDeutsche Bank$150.00$166.25-9.77%7.61%
Oct 30, 2024Mark LipacisEvercore ISI$198.00$166.2519.10%42.05%
Oct 30, 2024Christopher DanelyCitigroup$200.00$166.2520.30%43.48%
Oct 30, 2024Tom O'MalleyBarclays$170.00$166.252.26%21.96%
Oct 11, 2024Suji DesilvaRoth Capital$200.00$163.4122.39%43.48%
Oct 11, 2024Justin VinhKeyBanc$220.00$167.0131.73%57.83%
Oct 11, 2024Harsh KumarPiper Sandler$200.00$166.8119.90%43.48%
Oct 11, 2024Gus RichardNorthland Securities$175.00$167.124.72%25.55%
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The latest Advanced Micro Devices stock forecast, released on Oct 30, 2024 by Harsh Kumar from Piper Sandler, set a price target of $180.00, which represents a 18.00% increase from the stock price at the time of the forecast ($152.54), and a 29.13% increase from AMD last price ($139.39).

Advanced Micro Devices Price Target by Period

1M3M12M
# Anlaysts61142
Avg Price Target$178.83$188.91$192.95
Last Closing Price$139.39$139.39$139.39
Upside/Downside28.29%35.53%38.42%

In the current month, the average price target of Advanced Micro Devices stock is $178.83, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 28.29% increase as opposed to Advanced Micro Devices's last price of $139.39. This month's average price target is down -5.34% compared to last quarter, and down -7.32% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024Goldman SachsBuyBuyHold
Oct 30, 2024Bank of America SecuritiesBuyBuyHold
Oct 30, 2024Deutsche BankHoldHoldHold
Oct 30, 2024Evercore ISIOutperformOutperformHold
Oct 28, 2024SusquehannaUnderperformUnderperformHold
Oct 28, 2024WedbushBuyBuyHold
Oct 15, 2024OppenheimerPerformPerformHold
Oct 11, 2024BarclaysOverweightOverweightHold
Oct 11, 2024KeyBancOverweightOverweightHold
Oct 11, 2024Cowen & Co.BuyBuyHold
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Advanced Micro Devices's last stock rating was published by Goldman Sachs on Oct 30, 2024. The company gave AMD a "Buy" rating, the same as its previous rate.

Advanced Micro Devices Financial Forecast

Advanced Micro Devices Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------$6.82B$5.83B-$6.17B$5.80B$5.36B$5.35B$5.60B$5.57B$6.55B$5.89B$4.83B$4.31B$3.85B$3.44B$3.24B$2.80B$1.93B$1.79B$2.13B$1.80B
Avg Forecast$11.15B$10.54B$9.57B$8.90B$9.18B$8.51B$7.60B$7.14B$7.55B$6.71B$5.73B$5.48B$6.13B$5.70B$5.32B$5.30B$5.51B$5.65B$6.53B$5.01B$4.52B$4.11B$3.62B$3.18B$3.02B$2.56B$1.85B$1.78B$2.11B$1.81B
High Forecast$11.56B$10.93B$9.93B$9.23B$9.52B$8.83B$7.88B$7.46B$7.65B$6.72B$5.73B$5.48B$6.22B$5.74B$5.52B$5.50B$5.72B$5.65B$6.53B$5.01B$4.52B$4.11B$3.62B$3.18B$3.02B$2.56B$1.85B$1.78B$2.11B$1.81B
Low Forecast$10.93B$10.33B$9.38B$8.72B$9.00B$8.34B$7.45B$6.98B$7.54B$6.70B$5.73B$5.47B$6.11B$5.47B$5.21B$5.20B$5.40B$5.65B$6.53B$5.01B$4.52B$4.11B$3.62B$3.18B$3.02B$2.56B$1.85B$1.78B$2.11B$1.81B
# Analysts101016109171121242379142924141913131926161425141499158
Surprise %---------1.02%1.02%-1.01%1.02%1.01%1.01%1.02%0.98%1.00%1.18%1.07%1.05%1.06%1.08%1.07%1.09%1.04%1.00%1.01%1.00%

Advanced Micro Devices's average Quarter revenue forecast for Dec 24 based on 24 analysts is $7.55B, with a low forecast of $7.54B, and a high forecast of $7.65B. AMD's average Quarter revenue forecast represents a 10.74% increase compared to the company's last Quarter revenue of $6.82B (Sep 24).

Advanced Micro Devices EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts101016109171121242379142924141913131926161425141499158
EBITDA---------$-932.00M$269.00M-$342.00M$1.13B$-20.00M$416.00M$484.00M$548.00M$1.14B$1.20B$1.34B$1.12B$941.00M$758.00M$656.00M$505.00M$256.00M$259.00M$296.00M$219.00M
Avg Forecast$2.12B$2.00B$1.82B$1.69B$1.74B$1.62B$1.44B$1.36B$1.43B$1.28B$1.09B$1.41B$1.16B$1.08B$1.01B$1.28B$1.17B$1.03B$1.19B$1.17B$827.41M$752.36M$662.20M$621.82M$552.13M$468.25M$339.29M$259.00M$385.55M$330.95M
High Forecast$2.20B$2.08B$1.89B$1.75B$1.81B$1.68B$1.50B$1.42B$1.45B$1.28B$1.09B$1.70B$1.18B$1.09B$1.05B$1.54B$1.40B$1.03B$1.19B$1.40B$827.41M$752.36M$662.20M$746.18M$552.13M$468.25M$339.29M$310.80M$385.55M$330.95M
Low Forecast$2.08B$1.96B$1.78B$1.66B$1.71B$1.59B$1.42B$1.33B$1.43B$1.27B$1.09B$1.13B$1.16B$1.04B$990.78M$1.03B$934.42M$1.03B$1.19B$934.15M$827.41M$752.36M$662.20M$497.45M$552.13M$468.25M$339.29M$207.20M$385.55M$330.95M
Surprise %----------0.73%0.25%-0.29%1.04%-0.02%0.32%0.41%0.53%0.95%1.03%1.63%1.49%1.42%1.22%1.19%1.08%0.75%1.00%0.77%0.66%

23 analysts predict AMD's average Quarter EBITDA for Sep 24 to be $1.28B, with a high of $1.28B and a low of $1.27B. This is 374.19% upper than Advanced Micro Devices's previous annual EBITDA (Jun 24) of $269.00M.

Advanced Micro Devices Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts101016109171121242379142924141913131926161425141499158
Net Income---------$771.00M$265.00M-$667.00M$299.00M$27.00M$-140.00M$21.00M$66.00M$447.00M$786.00M$974.00M$923.00M$710.00M$555.00M$1.78B$390.00M$157.00M$162.00M$170.00M$120.00M
Avg Forecast$3.46B$3.18B$2.74B$2.43B$2.53B$2.22B$1.81B$1.62B$1.79B$1.51B$1.11B$721.13M$1.27B$1.11B$939.28M$655.58M$845.84M$1.13B$1.68B$595.98M$1.24B$1.08B$886.45M$454.09M$774.07M$580.91M$267.22M$162.00M$499.68M$300.72M
High Forecast$3.63B$3.33B$2.87B$2.54B$2.65B$2.33B$1.90B$1.73B$1.88B$1.51B$1.11B$865.36M$1.36B$1.16B$984.53M$786.69M$1.02B$1.13B$1.68B$715.17M$1.24B$1.08B$886.45M$544.91M$774.07M$580.91M$267.22M$194.40M$499.68M$300.72M
Low Forecast$3.37B$3.09B$2.67B$2.36B$2.47B$2.16B$1.77B$1.51B$1.69B$1.51B$1.11B$576.91M$1.18B$935.06M$915.13M$524.46M$676.67M$1.13B$1.68B$476.78M$1.24B$1.08B$886.45M$363.27M$774.07M$580.91M$267.22M$129.60M$499.68M$300.72M
Surprise %---------0.51%0.24%-0.53%0.27%0.03%-0.21%0.02%0.06%0.27%1.32%0.78%0.85%0.80%1.22%2.30%0.67%0.59%1.00%0.34%0.40%

Advanced Micro Devices's average Quarter net income forecast for Dec 24 is $1.79B, with a range of $1.69B to $1.88B. AMD's average Quarter net income forecast represents a 132.62% increase compared to the company's last Quarter net income of $771.00M (Sep 24).

Advanced Micro Devices SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts101016109171121242379142924141913131926161425141499158
SG&A---------$721.00M$650.00M-$644.00M$576.00M$547.00M$585.00M$590.00M$557.00M$592.00M$597.00M$412.00M$376.00M$341.00M$319.00M$308.00M$273.00M$215.00M$199.00M$206.00M$185.00M
Avg Forecast$1.12B$1.06B$965.04M$897.11M$925.59M$858.08M$766.46M$720.07M$761.36M$676.79M$577.59M$547.73M$617.61M$574.59M$536.29M$497.94M$357.79M$569.76M$658.38M$452.67M$456.01M$414.65M$364.96M$261.00M$304.29M$258.07M$186.99M$199.00M$212.49M$182.40M
High Forecast$1.17B$1.10B$1.00B$930.36M$959.89M$889.88M$794.87M$752.62M$771.50M$677.61M$577.80M$657.28M$626.71M$578.34M$556.17M$597.52M$429.35M$569.76M$658.38M$543.20M$456.01M$414.65M$364.96M$313.20M$304.29M$258.07M$186.99M$238.80M$212.49M$182.40M
Low Forecast$1.10B$1.04B$945.96M$879.37M$907.29M$841.12M$751.31M$703.80M$760.34M$675.98M$577.39M$438.18M$615.59M$551.70M$525.69M$398.35M$286.23M$569.76M$658.38M$362.14M$456.01M$414.65M$364.96M$208.80M$304.29M$258.07M$186.99M$159.20M$212.49M$182.40M
Surprise %---------1.07%1.13%-1.04%1.00%1.02%1.17%1.65%0.98%0.90%1.32%0.90%0.91%0.93%1.22%1.01%1.06%1.15%1.00%0.97%1.01%

Advanced Micro Devices's average Quarter SG&A projection for Dec 24 is $761.36M, based on 24 Wall Street analysts, with a range of $760.34M to $771.50M. The forecast indicates a 5.60% rise compared to AMD last annual SG&A of $721.00M (Sep 24).

Advanced Micro Devices EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts101016109171121242379142924141913131926161425141499158
EPS---------$0.48$0.16-$0.41-$0.02$-0.09$0.01$0.04$0.28$0.56$0.81$0.76$0.58$0.46$1.48$0.33$0.13$0.14$0.15$0.11
Avg Forecast$2.12$1.94$1.67$1.48$1.55$1.36$1.11$0.99$1.10$0.92$0.68$0.62$0.77$0.68$0.57$0.56$0.67$0.69$1.03$0.91$0.76$0.66$0.54$0.44$0.47$0.35$0.16$0.18$0.31$0.18
High Forecast$2.22$2.03$1.75$1.55$1.62$1.42$1.16$1.06$1.15$0.93$0.68$0.62$0.83$0.71$0.60$0.59$0.70$0.69$1.03$0.91$0.76$0.66$0.54$0.44$0.47$0.35$0.16$0.18$0.31$0.18
Low Forecast$2.06$1.89$1.63$1.44$1.51$1.32$1.08$0.92$1.03$0.92$0.68$0.61$0.72$0.57$0.56$0.55$0.65$0.69$1.03$0.91$0.76$0.66$0.54$0.44$0.47$0.35$0.16$0.18$0.31$0.18
Surprise %---------0.52%0.24%-0.53%-0.03%-0.15%0.01%0.06%0.27%0.61%1.07%1.15%1.07%1.05%3.13%0.93%0.80%0.78%0.49%0.60%

According to 24 Wall Street analysts, Advanced Micro Devices's projected average Quarter EPS for Dec 24 is $1.10, with a low estimate of $1.03 and a high estimate of $1.15. This represents a 128.39% increase compared to AMD previous annual EPS of $0.48 (Sep 24).

Advanced Micro Devices Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
INTCIntel$24.20$35.3846.20%Hold
MUMicron$97.73$136.5039.67%Buy
AMDAdvanced Micro Devices$139.39$176.1126.34%Buy
AVGOBroadcom$165.35$169.812.70%Buy
MRVLMarvell$89.34$87.03-2.59%Buy
TSMTaiwan Semiconductor Manufacturing Company$189.67$168.00-11.43%Buy
NVDANVIDIA$147.01$130.20-11.43%Buy

AMD Forecast FAQ

Is Advanced Micro Devices a good buy?

Yes, according to 35 Wall Street analysts, Advanced Micro Devices (AMD) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 27 'Buy' recommendations, accounting for 80.00% of AMD's total ratings.

What is AMD's price target?

Advanced Micro Devices (AMD) average price target is $176.11 with a range of $80 to $250, implying a 26.34% from its last price of $139.39. The data is based on 35 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Advanced Micro Devices stock go up soon?

According to Wall Street analysts' prediction for AMD stock, the company can go up by 26.34% (from the last price of $139.39 to the average price target of $176.11), up by 79.35% based on the highest stock price target, and down by -42.61% based on the lowest stock price target.

Can Advanced Micro Devices stock reach $200?

AMD's highest twelve months analyst stock price target of $250 supports the claim that Advanced Micro Devices can reach $200 in the near future.

What is Advanced Micro Devices's current price target trend?

6 Wall Street analysts forecast a $178.83 price target for Advanced Micro Devices (AMD) this month, up 28.29% from its last price of $139.39. Compared to the last 3 and 12 months, the average price target increased by 35.53% and increased by 38.42%, respectively.

What are Advanced Micro Devices's analysts' financial forecasts?

Advanced Micro Devices's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $32.43B (high $33.69B, low $31.77B), average EBITDA is $6.16B (high $6.4B, low $6.04B), average net income is $8.19B (high $8.61B, low $7.91B), average SG&A $3.27B (high $3.4B, low $3.2B), and average EPS is $5.01 (high $5.26, low $4.83). AMD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $40.15B (high $41.64B, low $39.36B), average EBITDA is $7.63B (high $7.91B, low $7.48B), average net income is $11.8B (high $12.37B, low $11.5B), average SG&A $4.05B (high $4.2B, low $3.97B), and average EPS is $7.21 (high $7.56, low $7.03).

Did the AMD's actual financial results beat the analysts' financial forecasts?

Based on Advanced Micro Devices's last annual report (Dec 2023), the company's revenue was $22.68B, beating the average analysts forecast of $22.45B by 1.03%. Apple's EBITDA was $401M, missing the average prediction of $4.54B by -91.17%. The company's net income was $854M, missing the average estimation of $3.97B by -78.48%. Apple's SG&A was $2.35B, beating the average forecast of $2.23B by 5.64%. Lastly, the company's EPS was $0.53, missing the average prediction of $2.59 by -79.53%. In terms of the last quarterly report (Sep 2024), Advanced Micro Devices's revenue was $6.82B, beating the average analysts' forecast of $6.71B by 1.59%. The company's EBITDA was $-932M, missing the average prediction of $1.28B by -173.07%. Advanced Micro Devices's net income was $771M, missing the average estimation of $1.51B by -48.93%. The company's SG&A was $721M, beating the average forecast of $676.79M by 6.53%. Lastly, the company's EPS was $0.48, missing the average prediction of $0.923 by -47.98%