Advanced Micro Devices, Inc. (AMD)
NASDAQ: AMD · IEX Real-Time Price · USD
167.64
+3.16 (1.92%)
May 20, 2024, 9:38 AM EDT - Market open
Advanced Micro Devices Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for AMD stock have an average target of 192.45, with a low estimate of 145 and a high estimate of 265. The average target predicts an increase of 14.80% from the current stock price of 167.64.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AMD stock from 31 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 13 | 13 | 13 | 14 | 15 |
| Buy | 12 | 14 | 14 | 14 | 14 | 13 |
| Hold | 3 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 29 | 29 | 30 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $200 → $190 | Strong Buy | Maintains | $200 → $190 | +13.34% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $245 → $200 | Strong Buy | Maintains | $245 → $200 | +19.31% | May 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $192 → $176 | Strong Buy | Maintains | $192 → $176 | +4.99% | May 1, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $190 → $180 | Strong Buy | Maintains | $190 → $180 | +7.38% | May 1, 2024 |
| UBS | UBS | Strong Buy Maintains $205 → $200 | Strong Buy | Maintains | $205 → $200 | +19.31% | May 1, 2024 |
Financial Forecast
Revenue This Year
26.06B
from 22.68B
Increased by 14.92%
Revenue Next Year
32.84B
from 26.06B
Increased by 25.99%
EPS This Year
3.66
from 0.53
Increased by 590.55%
EPS Next Year
5.52
from 3.66
Increased by 50.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.4B | 46.0B | 47.7B | 50.1B | 51.9B |
| Avg | 26.1B | 32.8B | 39.9B | 47.0B | 49.9B |
| Low | 23.2B | 25.5B | 34.8B | 42.2B | 48.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.5% | 76.4% | 45.4% | 25.8% | 10.4% |
| Avg | 14.9% | 26.0% | 21.4% | 17.9% | 6.2% |
| Low | 2.5% | -2.2% | 6.1% | 5.9% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.19 | 9.53 | 10.37 | 10.61 | 11.32 |
| Avg | 3.66 | 5.52 | 7.26 | 9.76 | 10.89 |
| Low | 2.91 | 3.45 | 5.79 | 8.80 | 10.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 879.5% | 160.3% | 87.9% | 46.1% | 16.0% |
| Avg | 590.5% | 50.9% | 31.4% | 34.5% | 11.6% |
| Low | 449.2% | -5.7% | 4.9% | 21.3% | 8.3% |
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.