Advanced Micro Devices Price Predictions: Stock Outlook for AMD Shares
AMD Stock Overview and Recent Performance
The stock of Advanced Micro Devices (NASDAQ: AMD) has been on a roller coaster ride in recent months, having recorded both stellar rallies and staggering drops. Currently priced at $119.95, AMD shares are 25.03% in the red over the last 12 months.
Market Sentiment and Analyst Ratings
Despite a turbulent market, Wall Street remains generally optimistic about AMD stock. Analysts have assigned AMD shares an average 'moderate buy' rating, with a projected 44.45% rise to $173.28 in the coming year.
- 21 analysts rate AMD as a 'buy'
- 10 analysts are 'neutral'
- 1 analyst warns of a 'sell'
Challenges Ahead for AMD
AMD’s competitiveness is challenged by Nvidia’s dominance, raising concerns about the firm's ability to capture market share in 2025. Recent stock price adjustments highlight downward trends, particularly concerning the demand for AMD's MI325 GPU.
Analyst Revisions in January
In a wave of recent downgrades, AMD’s price targets have seen significant reductions:
- Goldman Sachs revised from $175 to $129.
- Wolfe Research adjusted estimates from $10bn+ to $7bn in data center GPU revenue for CY25.
Positive Outlook Amidst Caution
Despite downgrades, some analysts maintain a 'buy' rating, with Mizuho projecting $160 and KeyBanc estimating $150 yet continuing an 'overweight' stance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.