JPMorgan Lowers AMD Price Target to $120

May 7, 2025 Analyst: Harlan Sur 1 min read Reproduced verbatim
Rating
Hold
Target
$120
from $130 (−8%)
Outcome
Reached
on June 9, 2025
JP Morgan and AMD logos

What the analyst said

JPMorgan analyst Harlan Sur lowered the price target on AMD (NASDAQ: AMD) to $120 (from $130) while maintaining a Neutral rating.

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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 $562. The 26 analysts who set a target in the last 3 months range from $465 to $1,250, with a median of $680. This $120 target is 82% below the median, the lowest on the Street.

Since the note AMD has moved +470% (from $98.62). The 12-month window closed on May 7, 2026.

Track record

This call✓ Target reached on June 9, 2025, 33 days after the note.

Firm track recordJP Morgan: 64% of its 14 targets at least a year old were reached within 12 months (#23 of 25 firms); on AMD, 2 of 2. Accuracy ranking →

JP Morgan on AMD

JP Morgan price targets on AMD

4 calls from February 5, 2025 to May 6, 2026. The target went from $130 to $385 (+196%). The rating stayed Hold.

JP Morgan targetAMD share price
  1. May 6, 2026Target raised from $120 (+221%)Hold$385
  2. May 7, 2025 This noteTarget cut from $130 (−8%)Hold$120
  3. March 12, 2025Kept the $130 targetHold$130
  4. February 5, 2025Earliest call shownHold$130
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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.