What the analyst said
Citi analyst Christopher Danely reiterated a Neutral rating and $100 price target on AMD (NASDAQ: AMD)
“Yesterday, AMD announced it will divest the manufacturing business of ZT Systems to Sanmina for $3.0 billion.
Last August, AMD announced it would acquire ZT Systems for $4.6 billion but would sell off the manufacturing piece and retain the engineers to better compete with Nvidia.
In aggregate, AMD will retain the 1,200-person engineering team for roughly $1.6 billion or a little over $1.33 million per engineer. We maintain our Neutral rating on AMD.”
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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 $100 target is 85% below the median, the lowest on the Street.
Since the note AMD has moved +390% (from $115). The 12-month window closed on May 20, 2026.
Track record
This call✓ Target reached on May 5, 2025, 24 days after the note. Same target as this firm’s April 11, 2025 note, so it is scored there.
Firm track recordCiti: 85% of its 20 targets at least a year old were reached within 12 months (#11 of 25 firms); on AMD, 4 of 4. Accuracy ranking →
Citi on AMD
Citi price targets on AMD
8 calls from January 21, 2025 to June 12, 2026. The target went from $175 to $575 (+229%). The rating stayed Buy.
- June 12, 2026Upgraded to Buy, target raised from $460 (+25%)Buy$575
- May 18, 2026Target raised from $248 (+85%)Hold$460
- April 6, 2026Target raised from $120 (+107%)Hold$248
- June 9, 2025Target raised from $100 (+20%)Hold$120
- May 20, 2025 This noteKept the $100 targetHold$100
- April 11, 2025Target cut from $110 (−9%)Hold$100
- February 5, 2025Downgraded to Hold, target cut from $175 (−37%)Hold$110
- January 21, 2025Earliest call shownBuy$175
Other analysts on AMD
MizuhoBuy
Raised price target +22%, kept rating · Oct 6
$705from $580
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