Advanced Micro Devices, Inc. (AMD)

Advanced Micro Devices Stock Forecast

Stock Price Forecast

The 36 analysts that cover Advanced Micro Devices stock have a consensus rating of "Strong Buy" and an average price target of $357.31, which forecasts a -15.21% decrease in the stock price over the next year. The lowest target is $120 and the highest is $530.

Price Target: $357.31 (-15.21%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$120	$357.31	$385	$530
Change	-71.52%	-15.21%	-8.64%	+25.77%

Analyst Ratings

The average analyst rating for Advanced Micro Devices stock 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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	15	15	14	14	15	16
Buy	13	13	12	12	12	13
Hold	8	7	8	8	8	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	36	35	34	34	35	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harlan Sur JP Morgan	JP Morgan	Hold Maintains $270 → $385	Hold	Maintains	$270 → $385	-8.64%	May 6, 2026
Joshua Buchalter TD Cowen	TD Cowen	Strong Buy Maintains $290 → $500	Strong Buy	Maintains	$290 → $500	+18.65%	May 6, 2026
Stacy Rasgon Bernstein	Bernstein	Hold → Buy Upgrades $265 → $525	Hold → Buy	Upgrades	$265 → $525	+24.59%	May 6, 2026
C.J. Muse Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $450 → $500	Buy	Maintains	$450 → $500	+18.65%	May 6, 2026
Srini Pajjuir RBC Capital	RBC Capital	Hold Maintains $325 → $400	Hold	Maintains	$325 → $400	-5.08%	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

47.37B

Increased by 36.74%

from 34.64B

Revenue Next Year

68.83B

Increased by 45.31%

from 47.37B

EPS This Year

6.85

Increased by 158.57%

from 2.65

EPS Next Year

11.41

Increased by 66.46%

from 6.85

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023	Dec 28, 2024	Dec 27, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	16.43B	23.60B	22.68B	25.79B	34.64B	47.37B	68.83B
Revenue Growth	68.33%	43.61%	-3.90%	13.69%	34.34%	36.74%	45.31%
EPS	2.57	0.84	0.53	1.00	2.65	6.85	11.41
EPS Growth	24.53%	-67.32%	-37.01%	88.99%	165.03%	158.57%	66.46%
Forward PE	-	-	-	-	-	61.49	36.94
No. Analysts	-	-	-	-	-	55	52

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	54.0B	97.7B
Avg	47.4B	68.8B
Low	43.4B	49.0B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	55.9%	106.3%
Avg	36.7%	45.3%
Low	25.4%	3.5%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	10.19	18.41
Avg	6.85	11.41
Low	5.49	7.25

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	284.3%	168.6%
Avg	158.6%	66.5%
Low	107.1%	5.8%

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 sources.