Baird Lowers AMD Price Target to $140

Analyst: Tristan Gerra 1 min read Reproduced verbatim
Rating
Outperform
Target
$140
from $175 (−20%)
Outcome
Reached
on June 25, 2025
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What the analyst said

Baird analyst Tristan Gerra lowered the price target on AMD (NASDAQ: AMD) to $140 (from $175) while maintaining an Outperform rating.

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 $487. The 23 analysts who set a target in the last 3 months range from $510 to $800, with a median of $685. This $140 target is 80% below the median, the lowest on the Street.

Since the note AMD has moved +394% (from $98.62). The 12-month window closed on May 7, 2026.

Track record

This call✓ Target reached on June 25, 2025, 2 months after the note.

Firm track recordBaird: 90% of its 29 targets at least a year old were reached within 12 months (#1 of 26 firms); on AMD, 2 of 2. Accuracy ranking →

Baird on AMD

Baird price targets on AMD

6 calls from May 7, 2025 to July 24, 2026. The target went from $140 to $1,250 (+793%). The rating stayed Buy.

Baird targetAMD share price
  1. July 24, 2026Target raised from $625 (+100%)Buy$1,250
  2. May 6, 2026Target raised from $300 (+108%)Buy$625
  3. November 5, 2025Target raised from $240 (+25%)Buy$300
  4. October 7, 2025Target raised from $140 (+71%)Buy$240
  5. June 12, 2025Kept the $140 targetBuy$140
  6. May 7, 2025 This noteEarliest call shownBuy$140
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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.