What Does Wall Street Think About Advanced Micro Devices (AMD)?

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Stocks That Will Make You Rich In 5 Years. Wall Street is bullish on the stock, despite a 4.12% decline since its FQ2 2025 results. The company topped revenue estimates by $255.65 million, while the EPS $0.48 stayed in line. The analyst’s 12-month price target on the stock represents 16.97% upside from the current levels, and several analysts have expressed their bullish sentiment.

On August 13, Vivek Arya from Bank of America Securities reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $200. More recently, on August 26, William Stein from Truist upgraded Advanced Micro Devices, Inc. (NASDAQ:AMD) from Hold to Buy and raised the price target from $173 to $213. Stein noted that the bullish sentiment is based on the growing demand from data centers as the company is gaining traction in the artificial intelligence sector.

For the fiscal third quarter of 2025, Advanced Micro Devices, Inc. (NASDAQ:AMD) expects revenue to be approximately $8.7 billion, plus/minus $300 million. The mid-point of the range represents 28% year-over-year growth.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company specializing in high-performance computing, graphics, and visualization technologies.

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Disclosure: None. This article is originally published at Insider Monkey.