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AMD shares dip despite strong Q2 as margin guidance disappoints; Baird sees 159% upside to $1,250 target.

Analyst Insights
14 Aug 2026
24/7 Wall Street
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Bullish
AMD shares dip despite strong Q2 as margin guidance disappoints; Baird sees 159% upside to $1,250 target.

AMD reported strong Q2 2026 results with revenue up 50% to $11.54 billion and data center revenue doubling, yet shares fell due to flat gross margin guidance of 56% for Q3. Despite the pullback, Baird raised its price target to $1,250, citing AMD's growing AI GPU platform and Helios rack-scale adoption as key growth drivers. Analysts remain mostly bullish with a consensus 27% upside, viewing AMD as undervalued compared to peers NVIDIA and Intel. The stock's future hinges on margin expansion and converting large AI commitments into revenue by 2027.

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AMD hits $1 trillion market cap as AI-driven growth boosts revenue and stock outlook

AMD hits $1 trillion market cap as AI-driven growth boosts revenue and stock outlook

Advanced Micro Devices (AMD) reached a $1 trillion market capitalization for the first time, driven by its expanding role in AI computing across CPUs, GPUs, and data center systems. The company reported strong Q2 results with $11.5 billion in revenue...

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Advanced Micro Devices (AMD) has reached a $1 trillion market valuation, driven by its transformation into a key AI infrastructure platform. Its Data Center revenue surged 107% year-over-year to $6.7 billion, now making up 58% of total revenue and fu...

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