Advanced Micro Devices, Inc. (AMD)
NASDAQ: AMD · Real-Time Price · USD
156.23
+2.79 (1.82%)
At close: Oct 25, 2024, 4:00 PM
158.82
+2.59 (1.66%)
Pre-market: Oct 28, 2024, 9:14 AM EDT
Advanced Micro Devices Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for AMD stock have an average target of 197.48, with a low estimate of 145 and a high estimate of 265. The average target predicts an increase of 26.40% from the current stock price of 156.23.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AMD stock from 30 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 15 | 14 | 15 | 15 | 15 |
| Buy | 13 | 12 | 11 | 11 | 11 | 11 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 31 | 29 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +28.02% | Oct 11, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $180 | Buy | Reiterates | $180 | +15.21% | Oct 11, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $175 → $200 | Buy | Maintains | $175 → $200 | +28.02% | Oct 11, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $180 | Buy | Reiterates | $180 | +15.21% | Oct 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $180 | Buy | Reiterates | $180 | +15.21% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
25.87B
from 22.68B
Increased by 14.05%
Revenue Next Year
33.24B
from 25.87B
Increased by 28.50%
EPS This Year
3.44
from 0.53
Increased by 550.37%
EPS Next Year
5.49
from 3.44
Increased by 59.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.9B | 38.3B | 48.6B | ||
| Avg | 25.9B | 33.2B | 40.5B | ||
| Low | 24.4B | 28.7B | 34.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.9% | 48.2% | 46.3% | ||
| Avg | 14.0% | 28.5% | 21.7% | ||
| Low | 7.5% | 11.0% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.08 | 7.35 | 10.50 | ||
| Avg | 3.44 | 5.49 | 7.43 | ||
| Low | 3.18 | 3.87 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 671.9% | 113.6% | 91.4% | ||
| Avg | 550.4% | 59.4% | 35.5% | ||
| Low | 500.1% | 12.5% | 8.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.