What the analyst said
Truist Securities analyst William Stein lowered the price target on AMD (NASDAQ: AMD) to $130 (from $145) while maintaining a Hold rating.
“We don’t want to get too negative, but DC GPU slowing already is discouraging; AMD offers a muted 1H outlook as Datacenter slows; we’ll see about 2H.
AMD’s Q4 result beat expectations, but almost entirely from client, and somewhat from gaming.
Datacenter missed, and was guided down in Q1 and flattish 1H25/2H24 – discouraging considering market strength. AMD highlights an earlier than it expected release of its nextgen DC GPU in mid-25.
It sounds great, but gives NVDA more room to dominate.
We also remain concerned about the potential for X86 to come under pressure from new CPU competitors. Our CY26 EPS goes to $5.67 (from $5.81).
PT to $130 (from $145) based on 23x (10x discount to DC peers at 33x) CY26 EPS.”
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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 $130 target is 81% 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 24, 2025, 5 months after the note.
Firm track recordTruist: 73% of its 11 targets at least a year old were reached within 12 months (#23 of 28 firms); on AMD, 2 of 3. Accuracy ranking →
Truist on AMD
Truist price targets on AMD
8 calls from February 5, 2025 to February 25, 2026. The target went from $130 to $283 (+118%). The rating moved from Hold to Buy.
- February 25, 2026Kept the $283 targetBuy$283
- February 4, 2026Target raised from $277 (+2%)Buy$283
- December 19, 2025Target cut from $279 (−1%)Buy$277
- November 12, 2025Kept the $279 targetBuy$279
- November 5, 2025Upgraded to Buy, target raised from $111 (+151%)Buy$279
- July 7, 2025Kept the $111 targetHold$111
- May 7, 2025Target cut from $130 (−15%)Hold$111
- February 5, 2025 This noteEarliest call shownHold$130
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