What the analyst said
KeyBanc analyst John Vinh lowered the price target on AMD (NASDAQ: AMD) to $140 (from $150) while maintaining an Overweight rating.
“AMD posted in-line 4Q results and 1Q guidance.
However, Data Center (DC) missed expectations due to weaker GPU demand, which was offset by strong Client revenues in the quarter.
Data Center GPUs revs exceeded $5B in 2024, but AMD would not provide explicit guidance for 2025 indicating Data Center including GPUs would grow strong DD% this year.
Additionally, with the ramp of MI355 expected midyear, Data Center growth is expected to be 2H weighted, as 1H25 DC revs are expected to be equal to 2H24.
Despite the disappointment in DC, we remain OW and are trimming our ests and PT, as we still expect AMD to gain share and be a beneficiary in AI LT.”
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Where the price stands
AMD trades at $529. The 26 analysts who set a target in the last 3 months range from $465 to $1,250, with a median of $680. This $140 target is 79% below the median, the lowest on the Street.
Since the note AMD has moved +342% (from $120). The 12-month window closed on February 5, 2026.
Track record
This call✓ Target reached on June 25, 2025, 5 months after the note.
Firm track recordKeyBanc: 80% of its 10 targets at least a year old were reached within 12 months (#18 of 28 firms); on AMD, 2 of 2. Accuracy ranking →
KeyBanc on AMD
KeyBanc price targets on AMD
8 calls from January 14, 2025 to January 13, 2026. The target went from $150 to $270 (+80%). The rating stayed Buy.
- January 13, 2026Kept the $270 targetBuy$270
- January 13, 2026Upgraded to Buy, target raised from $140 (+93%)Buy$270
- November 5, 2025Rating only, no price targetHoldNo target
- July 8, 2025Rating only, no price targetHoldNo target
- May 7, 2025Rating only, no price targetHoldNo target
- April 8, 2025Downgraded to HoldHoldNo target
- February 5, 2025 This noteTarget cut from $150 (−7%)Buy$140
- January 14, 2025Earliest call shownBuy$150
Other analysts on AMD
MizuhoBuy
Raised price target +22%, kept rating · Oct 6
$705from $580
CitiBuy
Raised price target +39%, kept rating · Oct 6
$800from $575
StifelBuy
Raised price target +10%, kept rating · Oct 5
$700from $635
CantorBuy
Kept rating and price target · Oct 5
$700maintained
RosenblattBuy
Kept rating and price target · Sep 29
$700maintained