Quick Read – AMD’s Data Center revenue doubled to $6.7B in Q2, supporting a BUY call and $640 price target implying 23% upside. – AMD trades at a steep 66x forward P/E versus NVIDIA’s 23x, but dominates Intel with a 27% operating margin against Intel’s negative EPS. – Anthropic,…
enAI, and Microsoft have committed gigawatts of MI450 GPU capacity, locking in AMD’s H2 2026 revenue ramp through named hyperscaler contracts. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AMD didn’t make the cut. Grab the names FREE today
AMD (NASDAQ:AMD) posted Q2 revenue growth of 50.11% to $11.536 billion, with Data Center more than doubling, yet a Reddit thread titled “AMD’s revenue climbs 50% and data center sales doubled, but the stock is down” captured retail confusion. That gap between fundamentals and price action is where our model finds an edge. Our 24/7 Wall St. price target for AMD is $639.64, implying 23.35% upside from the $518.58 close on August 4, 2026.
The recommendation is buy with high confidence. 24/7 Wall St. Price Target Summary A Rally, a Pause, Then a Push Higher AMD is up 142.15% year to date and 193.35% over the past year, adding 14.07% in the last week. The stock sits roughly 1% below its 52-week high of $584.73, well off the $149.22 low.