KeyBanc AMD

KeyBanc Affirms Sector Weight Rating on AMD

May 7, 2025 Analyst: John Vinh 1 min read Reproduced verbatim
Rating
Hold
Unchanged
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What the analyst said

KeyBanc analyst John Vinh reiterated a Sector Weight rating on AMD (NASDAQ: AMD)

“AMD posted strong 1Q results and 2Q guidance, which both exceeded expectations.

Despite concerns regarding the China AI chip ban, which is expected to negatively impact ’25 revs by $1.5B, of which $700M is anticipated in 2Q, upside to 1Q/2Q was due to strength to Client (particularly DT PCs) and Gaming, in which console inventory has normalized.

While not seeing pullins, PC/Gaming is expected to be below seasonal in the 2H.

Mgt reit MI355 is expected to ramp mid-year with MI GPUs expected to return to y/y growth in 3Q and to grow strong DD% in ’25. We’re encouraged by these results and as such, are raising our ests.

Maintain Sector Weight.”

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Track record

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.

KeyBanc targetAMD share price
  1. January 13, 2026Kept the $270 targetBuy$270
  2. January 13, 2026Upgraded to Buy, target raised from $140 (+93%)Buy$270
  3. November 5, 2025Rating only, no price targetHoldNo target
  4. July 8, 2025Rating only, no price targetHoldNo target
  5. May 7, 2025 This noteRating only, no price targetHoldNo target
  6. April 8, 2025Downgraded to HoldHoldNo target
  7. February 5, 2025Target cut from $150 (−7%)Buy$140
  8. January 14, 2025Earliest call shownBuy$150
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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
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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.