D.A. Davidson analyst Gil Luria has reiterated their bullish stance on AMD stock, giving a Buy rating today.
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Gil Luria has given his Buy rating due to a combination of factors tied to AMD’s accelerating growth in data center and AI markets. He highlights that AMD’s latest quarter exceeded revenue and earnings expectations, driven primarily by robust demand for EPYC server CPUs and Instinct GPUs, which translated into expanding margins and strong data center profitability.
Luria also emphasizes AMD’s favorable long‑term outlook, pointing to management’s significantly higher forecast for the server CPU market and the company’s expectation of outsized growth in server processor sales through at least 2027. He notes that AMD appears especially well positioned to benefit from industry CPU capacity constraints versus competitors, while ongoing advances in MI450 GPUs, Helios systems, and the ROCm software stack further reinforce confidence in sustained AI‑driven upside and justify a higher price target.
In another report released today, Jefferies also maintained a Buy rating on the stock with a $415.00 price target.