Quick Read – AMD earns a BUY with a $586 price target as Data Center revenue surged 57% to $5.78 billion in Q1 FY2026. – Lisa Su projects the server CPU market will exceed $120 billion by 2030, with Cantor Fitzgerald and UBS targeting AMD at $700 and $670. – NVIDIA still…
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Our Advanced Micro Devices (NASDAQ:AMD) call is straightforward: the 24/7 Wall St. price target for AMD is $586, modestly above today’s price of $539.49. That implies roughly 8.6% upside over the next 12 months, and our recommendation is buy. Confidence is high at 90%, supported by 80% bullish analyst consensus, an accelerating Data Center business, and the MI450 ramp landing in the second half of 2026. 24/7 Wall St.
Price Target Summary A Vertical Move Since Q1 Earnings AMD has been one of the year’s defining AI trades. Shares are up 151.91% year to date and 275.14% over the past year, with a 51.86% surge since the May 5 earnings report. The stock sits roughly 11% below its 52-week high of $562.99, well off the $133.50 52-week low.