Analyst Joseph Moore of Morgan Stanley maintained a Hold rating on Advanced Micro Devices, retaining the price target of $255.00.
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Joseph Moore has given his Hold rating due to a combination of factors, balancing the substantial upside from AMD’s expanding AI partnerships against meaningful execution risk. He views the multi‑gigawatt agreements with Meta and OpenAI as strong validation of AMD’s datacenter GPU road map and a credible path to much higher AI revenue over the next several years.
At the same time, Moore emphasizes that these large contracts are contingent on AMD delivering truly competitive next‑generation products, particularly the MI455, and he is not treating the full 12 GW revenue opportunity as assured. Because current market expectations already embed a steep AI growth trajectory close to his own forecasts, he believes much of the prospective upside is reflected in the share price, justifying a neutral, or Hold, stance for now.
In another report released today, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $210.00 price target.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMD in relation to earlier this year.