Advanced Micro Devices, Inc. (NASDAQ:AMD) has gained roughly 100% over the past 6 months.
Analysts expect the company to grow its EPS by more than 60% over the next 5 years, making it one of the Top 10 Unstoppable Growth Stocks to Invest In
Wall Street has been bullish on the stock since the earnings release. Recently, on June 5, DBS reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) and raised the price target from $260 to $500. On the same day, TD Cowen also reiterated a Buy rating on the stock and maintained the price target of $600.
During the fiscal Q1 2026, the company reported revenue of $10.25 billion, ahead of the expected $9.92 billion. The EPS of $1.37 also topped expectations of $1.29. The revenue grew 38% year-over-year, driven by the Data Center segment, which improved 57% to reach $5.8 billion.