Advanced Micro Devices, Inc. (AMD)
NASDAQ: AMD · Real-Time Price · USD
119.21
+0.33 (0.28%)
At close: Dec 20, 2024, 4:00 PM
120.10
+0.89 (0.75%)
After-hours: Dec 20, 2024, 7:59 PM EST
Advanced Micro Devices Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for AMD stock have an average target of 195.07, with a low estimate of 155 and a high estimate of 265. The average target predicts an increase of 63.64% from the current stock price of 119.21.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 15 | 15 | 15 | 15 | 13 |
| Buy | 11 | 11 | 11 | 12 | 12 | 12 |
| Hold | 4 | 4 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 30 | 30 | 31 | 31 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $169 → $158 | Hold | Maintains | $169 → $158 | +32.54% | Dec 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $180 → $155 | Strong Buy → Hold | Downgrades | $180 → $155 | +30.02% | Dec 9, 2024 |
| Mizuho | Mizuho | Buy Maintains $185 → $180 | Buy | Maintains | $185 → $180 | +50.99% | Dec 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +67.77% | Oct 31, 2024 |
| Mizuho | Mizuho | Buy Maintains $195 → $185 | Buy | Maintains | $195 → $185 | +55.19% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
25.89B
from 22.68B
Increased by 14.15%
Revenue Next Year
32.85B
from 25.89B
Increased by 26.88%
EPS This Year
3.35
from 0.53
Increased by 532.51%
EPS Next Year
5.15
from 3.35
Increased by 53.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.2B | 38.3B | 48.0B | ||
| Avg | 25.9B | 32.9B | 40.8B | ||
| Low | 23.8B | 30.1B | 34.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.8% | 48.0% | 46.0% | ||
| Avg | 14.2% | 26.9% | 24.3% | ||
| Low | 5.0% | 16.2% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.64 | 7.35 | 10.50 | ||
| Avg | 3.35 | 5.15 | 7.26 | ||
| Low | 3.19 | 4.08 | 5.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 588.6% | 119.6% | 103.8% | ||
| Avg | 532.5% | 53.9% | 40.9% | ||
| Low | 503.8% | 21.8% | 3.2% |
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.