Advanced Micro Devices, Inc. (AMD)
NASDAQ: AMD · Real-Time Price · USD
148.29
-2.53 (-1.68%)
At close: Sep 18, 2024, 4:00 PM
149.48
+1.19 (0.80%)
After-hours: Sep 18, 2024, 7:58 PM EDT
Stock Price Forecast
The 29 analysts with 12-month price forecasts for AMD stock have an average target of 195.93, with a low estimate of 145 and a high estimate of 265. The average target predicts an increase of 32.13% from the current stock price of 148.29.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $145 | $195.93 | $195 | $265 |
| Change | -2.22% | +32.13% | +31.50% | +78.70% |
* Price targets were last updated on Jul 31, 2024.
Analyst Ratings
The average analyst rating for AMD stock from 30 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 15 | 15 | 14 | 15 | 15 |
| Buy | 14 | 13 | 12 | 11 | 11 | 11 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 31 | 31 | 29 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Edward Jones | Edward Jones | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Aug 20, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $176 → $178 | Hold | Maintains | $176 → $178 | +20.04% | Jul 31, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $200 | Buy | Maintains | $200 | +34.87% | Jul 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $195 → $180 | Strong Buy | Maintains | $195 → $180 | +21.38% | Jul 31, 2024 |
| Wedbush | Wedbush | Buy Reiterates $200 | Buy | Reiterates | $200 | +34.87% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
Increased by 14.05%
from 22.68B
Revenue Next Year
33.20B
from 25.87B
Increased by 28.36%
from 25.87B
EPS This Year
3.44
from 0.53
Increased by 550.37%
from 0.53
EPS Next Year
5.49
from 3.44
Increased by 59.45%
from 3.44
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 28, 2019 | Dec 26, 2020 | Dec 25, 2021 | Dec 31, 2022 | Dec 30, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 6.73B | 9.76B | 16.43B | 23.60B | 22.68B | 25.87B | 33.20B | 40.22B | ||
| Revenue Growth | 3.95% | 45.05% | 68.33% | 43.61% | -3.90% | 14.05% | 28.36% | 21.12% | ||
| EPS | 0.30 | 2.06 | 2.57 | 0.84 | 0.53 | 3.44 | 5.49 | 7.43 | ||
| EPS Growth | -6.25% | 587.93% | 24.53% | -67.32% | -37.01% | 550.37% | 59.45% | 35.45% | ||
| Forward PE | - | - | - | - | - | 43.09 | 27.03 | 19.95 | ||
| No. Analysts | - | - | - | - | - | 49 | 49 | 24 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.9B | 38.3B | 48.6B | ||
| Avg | 25.9B | 33.2B | 40.2B | ||
| Low | 24.4B | 28.7B | 34.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.9% | 48.2% | 46.4% | ||
| Avg | 14.1% | 28.4% | 21.1% | ||
| Low | 7.5% | 11.0% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.08 | 7.35 | 10.50 | ||
| Avg | 3.44 | 5.49 | 7.43 | ||
| Low | 3.18 | 3.87 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 671.9% | 113.6% | 91.4% | ||
| Avg | 550.4% | 59.4% | 35.5% | ||
| Low | 500.1% | 12.5% | 8.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
