With a market cap. of $924.7 billion, Advanced Micro Devices, Inc. (AMD) is a global semiconductor company focused on developing high-performance and AI computing technologies for cloud infrastructure, embedded systems, AI PCs, and gaming. Its broad portfolio of AI-optimized CPUs, GPUs, networking products, and software delivers integrated AI solutions designed to provide the performance and scalability required for next-generation computing.
Shares of the Santa Clara, California-based company have surpassed the broader market over the past 52 weeks. AMD stock has surged 114.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12%. Moreover, shares of the company have climbed 164.5% on a YTD basis, compared to SPX's 12.8% gain.
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Narrowing the focus, the chipmaker stock has outpaced the State Street SPDR S&P Semiconductor ETF's (XSD) 36.5% increase over the past 52 weeks.
www.barchart.com Advanced Micro Devices has outperformed over the past year as its EPYC server CPUs are gaining data-center share, benefiting from both traditional cloud demand and the AI infrastructure buildout. Its AI GPU opportunity is expanding, with major deployments such as OpenAI’s multi-year AMD Instinct agreement creating a potentially huge new revenue stream.
For the fiscal year ending in December 2026, analysts expect Advanced Micro Devices' EPS to grow 98.8% year over year to $6.50. The company's earnings surprise history is promising. It beat or met the consensus estimates in each of the last four quarters.
Among the 47 analysts covering the stock, the consensus rating is a “Strong Buy.” That’s based on 37 “Strong Buy” ratings, two “Moderate Buys,” and eight “Holds.”
www.barchart.com This configuration is more bullish than three months ago, with 35 “Strong Buy” ratings on the stock.
On Oct. 26, Bernstein analyst Stacy Rasgon maintained a “Buy” rating on Advanced Micro Devices with a $650 price target.
The mean price target of $656.12 represents a premium of 15.8% to AMD's current levels. The Street-high price target of $1,250, implies a potential upside of 120.7% from the current price levels.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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