AI stocks are once again in the spotlight after Q3 earnings, as steady spending and growing interest in generative AI keep investors watching which companies will benefit most. Using the TipRanks Stock Comparison Tool, we looked at Advanced Micro Devices (AMD) and Palantir Technologies (PLTR) to see which stock Wall Street views more favorably after their latest earnings results.
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Advanced Micro Devices (NASDAQ:AMD) Stock
AMD stock has gained 107% so far in 2025 but slipped nearly 5% in after-hours trading on Tuesday despite posting strong third-quarter results. Earnings per share came in at $1.20, topping estimates of $1.17, while revenue rose 35.6% year over year to $9.2 billion, beating forecasts. The company also guided fourth-quarter revenue to about $9.6 billion, above expectations. However, after a strong rally in recent weeks, investors appeared to have already priced in the upbeat results, causing the stock to dip following the earnings release.
Following the Q3 results, many analysts stayed upbeat on AMD, though some expect limited upside in the near term. For example, Goldman Sachs analyst James Schneider maintained his price target of $210 but kept a Hold rating. He remained upbeat about the steady demand in the Datacenter segment, but expects the stock to remain range-bound in the near term since much of the optimism is already reflected in the price.
Meanwhile, Roth MKM analyst Sujeeva De Silva raised the price target on AMD from $250 to $300 and kept a Buy rating. The 5-star analyst said that AMD’s third-quarter sales were strong and came in above expectations. The company also gave a better outlook for the next quarter. Desilva noted that AMD is seeing more orders from large cloud customers and should benefit from higher CPU demand, GPU upgrades, and growing sales of its Helios systems.
Palantir Technologies (NASDAQ:PLTR) Stock
Palantir stock has surged 152% so far in 2025 and popped 2% in the after-hours trading session on November 3 after it reported stellar third-quarter results and issued strong guidance. However, PLTR stock closed 8% lower on Tuesday after renowned investor Michael Burry revealed new bearish bets against the data analytics company. Also, several analysts remained cautious on PLTR stock due to valuation concerns.
After the results, Jefferies analyst Brent Thill raised his price target on Palantir from $60 to $70 but kept a Sell rating. Thill said he likes the company’s strong business performance but believes the stock is too expensive, trading at about 83 times its 2026 revenue estimate. He added that he would rather invest in AI through companies like Microsoft (MSFT) and Snowflake (SNOW).
Meanwhile, Mizuho analyst Gregg Moskowitz lifted his price target on Palantir from $165 to $205 but maintained a Hold rating. Moskowitz praised Palantir’s “strong execution” and said it is well-placed to benefit from long-term AI and digital transformation trends. However, he also noted that the stock’s high valuation keeps him on the sidelines for now.
AMD or PLTR: Which Stock Offers Higher Upside, According to Analysts?
Using TipRanks’ Stock Comparison Tool, we compared AMD and PLTR to see which AI stock analysts currently favor. AMD carries a Moderate Buy consensus rating with an average price target of $251.06, suggesting a small 0.4% upside from current levels. In contrast, Palantir holds a Hold rating with an average price target of $180.88, indicating about a 5% downside.
Conclusion
Both Advanced Micro and Palantir are clear beneficiaries of the AI boom, but Wall Street’s outlook favors AMD for now. Analysts see greater upside potential in AMD, backed by its solid fundamentals, steady partnerships, and growth prospects in AI.