What the analyst said
Mizuho analyst Vijay Rakesh raised the price target on AMD (NASDAQ: AMD) to $135 (from $117) while maintaining an Outperform rating.
“No change to our estimates and our Outperform rating for AMD as we raise our PT to $135 from $117, 20.9x our F26E P/E (prior: 18.1x), as we some tailwinds to its AI ramps into 2026E+ with its HUMAIN partnership for $10B, while MI355x provide a nice 2H25E tailwind and could offset some MI308 China ban headwinds.”
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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 $135 target is 80% below the median, the lowest on the Street.
Since the note AMD has moved +360% (from $115). The 12-month window closed on May 16, 2026.
Track record
This call✓ Target reached on June 24, 2025, 39 days 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.
- July 15, 2025Target raised from $152 (+15%)Buy$175
- July 2, 2025Target raised from $135 (+13%)Buy$152
- May 19, 2025Kept the $135 targetBuy$135
- May 16, 2025 This noteTarget raised from $117 (+15%)Buy$135
- May 7, 2025Target cut from $120 (−3%)Buy$117
- March 14, 2025Target cut from $140 (−14%)Buy$120
- February 5, 2025Target cut from $160 (−13%)Buy$140
- January 10, 2025Earliest call shownBuy$160
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