Analyst Christopher Rolland from Susquehanna reiterated a Buy rating on Advanced Micro Devices and increased the price target to $375.00 from $300.00.
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Christopher Rolland has given his Buy rating due to a combination of factors tied to AMD’s accelerating data center and AI momentum. He sees continued strength in server CPUs, with EPYC demand inflecting as hyperscalers and enterprises deploy more AI head nodes and new workloads, supporting robust double‑digit growth.
He also highlights a powerful AI GPU trajectory, with MI350 driving near‑term data center performance and a larger revenue surge expected as MI450/Helios ramps and multi‑gigawatt deals with major customers convert into sales through 2026 and beyond. While PCs and some segments face cyclical headwinds, management still expects PC growth and improving trends in Embedded, leading Rolland to raise his price target from $300 to $375 as he anticipates stronger overall results and guidance.
According to TipRanks, Rolland is a top 100 analyst with an average return of 36.6% and a 65.27% success rate. Rolland covers the Technology sector, focusing on stocks such as STMicroelectronics, Maxlinear, and Intel.
In another report released on April 24, D.A. Davidson also upgraded the stock to a Buy with a $375.00 price target.