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Wall Street firms boost AMD price targets after strong Q3 and AI-driven growth outlook.

Analyst Insights
04 Nov 2026, 11:32 WIB
Finbold
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Bullish
Wall Street firms boost AMD price targets after strong Q3 and AI-driven growth outlook.

Following AMD's solid third-quarter 2026 report, six major investment firms raised their price targets, ranging from $605 to $1,250, reflecting optimism about AMD's growth in AI and server CPUs. Baird leads with a $1,250 target, expecting server revenue to more than double in 2027 and AI revenue to reach $41.8 billion. Other firms like Truist, Stifel, Jefferies, KeyBanc, and Bernstein also raised forecasts, citing strong data center momentum and accelerating AI-related sales. AMD shares rose 7.35% in pre-market trading, signaling investor confidence in the company's future performance.

AMD stock price and analyst targets provide context for readers, with Pluang market data as of Nov 04, 2026 15:41 WIB. Among 150 priced Technology-sector US stocks on Pluang, 75 rose and 69 fell today. Notable movers include SMCI at USD 33.93 (+8.09%, 27% Sell / 73% Buy, 21 Days hold), AMD at USD 521.41 (+7.75%, 58% Sell / 42% Buy, 93 Days hold), and VNET at USD 3.20 (+7.38%, 18 Days hold). AMD's price change of +7.75% stands out as the most notable figure.

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