What the analyst said
Citi analyst Christopher Danely raised the price target on AMD (NASDAQ: AMD) to $120 (from $100) while maintaining a Neutral rating.
“AMD will host its Advancing AI day on June 12th. We expect AMD to launch its latest AI product – MI355X – and talk about its upcoming MI400 product.
We also expect AMD to highlight new customers such as AWS or potentially OpenAI.
We are adjusting our model for a one-time charge of $800.0 million due to China export controls and reiterate our Neutral rating.”
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 +384% (from $116). The 12-month window closed on June 9, 2026.
Track record
This call✓ Target reached on June 9, 2025, 0 days after the note.
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, 2025 This noteTarget raised from $100 (+20%)Hold$120
- May 20, 2025Kept 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