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Aletheia Capital raises AMD price target to $800, citing strong AI and server CPU demand.

Analyst Insights
28 Oct 2026, 15:09 WIB
Finbold
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Bullish
Aletheia Capital raises AMD price target to $800, citing strong AI and server CPU demand.

Aletheia Capital increased its price target for AMD stock from $700 to $800, reflecting a 14.29% rise, due to stronger demand for server CPUs and AI computing. The firm expects significant revenue growth in AMD's data center segment starting Q4 2026, with earnings per share projected to triple in fiscal 2027 and grow further in 2028. This bullish outlook places AMD as a leading AI compute provider and is well above the average analyst target of $664.61. The forecast depends on AMD's ability to capitalize on AI infrastructure demand and maintain its competitive edge.

AMD stock price target update is the subject, with Pluang's Technology sector breadth showing 55 stocks rose and 88 fell out of 150 as of Oct 28, 2026 19:12 WIB. For readers following the Technology sector, notable movers include MQ (Marqeta Inc) at USD 19.35 with a 7.26% gain and 100% buy order activity, FFIV (F5 Inc) at USD 427.57 down 6.92% with 100% buy order activity, and APLD (Applied Digital Corporation) at USD 20.23 up 3.69% with balanced buy/sell orders. This snapshot provides a market context for the sector on that date.

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