AMD Stock Soars as Top Analysts Maintain High Price Targets

Advanced Micro Devices (AMD) stock rallied on Tuesday after the semiconductor company received praise from two top analysts.

• First up is five-star Citi analyst Christopher Danely, who reiterated a Hold rating for AMD stock. Despite that Hold rating, Danely’s price target for AMD is set at $260, suggesting a possible 25.19% upside for the shares.
• Next is five-star KeyBanc analyst John Vinh, who upgraded AMD shares to a Buy rating from a Hold rating. The analyst also set a price target of $270 for AMD stock, implying a potential 30% upside for the shares.

The bullish price targets and new Buy rating for AMD come at a time when AI demand is on the rise. The artificial intelligence (AI) boom of 2025 was beneficial to the chipmaker, which supplies both CPUs and GPUs for use in AI data centers. This AI demand is what prompted Vinh to upgrade AMD, as he noted that the company’s 2026 CPUs are already mostly sold out and that a price increase could happen in Q1.

AMD Stock Movement Today

AMD stock was up 3.41% in pre-market trading on Tuesday, following a 2.22% rally yesterday. The stock has fallen 3.02% year-to-date but is still up 78.9% over the past 12 months.

AMD stock trading this morning saw some 5 million shares change hands, which is below its three-month daily average of about 26.14 million shares. With markets still closed, this number will increase throughout the day.

While today’s news is all about AMD’s AI business, the company has also continued to perform well in the consumer sector. Recent leaks suggest it has a new Ryzen 9 Pro CPU that will release soon, offering improved performance for PC users.

Is AMD Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for AMD is Strong Buy, based on 28 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $283.66, representing a potential 36.58% upside for the shares.

See more AMD stock analyst ratings