Mizuho AMD

Mizuho Lowers AMD Price Target to $140

February 5, 2025 Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Buy
Target
$140
from $160 (−13%)
Outcome
Reached
on June 25, 2025
Mizuho and AMD logos

What the analyst said

Mizuho analyst Vijay Rakesh lowered the price target on AMD (NASDAQ: AMD) to $140 (from $160) while maintaining an Outperform rating.

“’AMD reported DecQ and guided MarQ in line to $7.1B (consensus $7.0B), with key DC revs 1H FLAT h/h, we believe below buy-side estimates.

Key highlights: 1) AMD did not guide 2025E AI Server revenue, BUT management noted 1H25E DC revs FLAT vs 2H24 and sees 2H25E better with MI355X — we lower AMD 2025E AI Server rev to ‾$8.8B (prior $9.4B, cons $9.2B); 2) MI355X AI server ramp pulled into ‾JunQ, MI400x on track for 2026E; 3) Conventional Server gaining share with Turin now >25% of AMD platforms, and strong Genoa; 4) MarQ PC down seasonally we est HSD% after a strong DecQ, while new Ryzen AI PRO could ramp in 2H25E with Windows refresh on >150 platforms; and 5) Gaming weak but MarQ RDNA4 launches positive.

Maintaining Outperform: AI Server still growing 76% y/y (though NVDA/AVGO dominate the AI Server market); adjust EPS/PT to $140 (prior: $160).”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

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 recordMizuho: 95% of its 38 targets at least a year old were reached within 12 months (#4 of 28 firms); on AMD, 9 of 9. Accuracy ranking →

Mizuho on AMD

Mizuho price targets on AMD

8 calls from January 10, 2025 to July 15, 2025. The target went from $160 to $175 (+9%). The rating stayed Buy.

Mizuho targetAMD share price
  1. July 15, 2025Target raised from $152 (+15%)Buy$175
  2. July 2, 2025Target raised from $135 (+13%)Buy$152
  3. May 19, 2025Kept the $135 targetBuy$135
  4. May 16, 2025Target raised from $117 (+15%)Buy$135
  5. May 7, 2025Target cut from $120 (−3%)Buy$117
  6. March 14, 2025Target cut from $140 (−14%)Buy$120
  7. February 5, 2025 This noteTarget cut from $160 (−13%)Buy$140
  8. January 10, 2025Earliest call shownBuy$160
Share

Other analysts on AMD

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 Bank of AmericaBuy Raised price target +16%, kept rating · Sep 25 $720from $620
Share on
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.