Evercore ISI Raises AMD Price Target to $144

Analyst: Mark Lipacis 1 min read Reproduced verbatim
Rating
Outperform
Target
$144
from $126 (+14%)
Outcome
Reached
on July 10, 2025
Evercore and AMD logos

What the analyst said

Evercore ISI analyst Mark Lipacis raised the price target on AMD (NASDAQ: AMD) to $144 (from $126) while maintaining an Outperform rating.

“We view AMD’s Advancing AI event as consistent with our latest AI Channel Checks, which indicated that AMD is making progress on ROCm software stack as well as in penetrating hyperscalers internal inferencing workloads, as hyperscalers strive to diversify their AI chip supplier base.

We maintain our estimates but increase our price target to $144 based on 21x C27E EPS of $7.54 discounted back at 10%, as we think the increased visibility on datacenter GPUs warrants a higher P/E multiple.”

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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 $404. The 30 analysts who set a target in the last 3 months range from $540 to $1,250, with a median of $650. This $144 target is 78% below the median, the lowest on the Street.

Since the note AMD has moved +241% (from $119). The 12-month window closed on June 13, 2026.

Track record

This call✓ Target reached on July 10, 2025, 27 days after the note.

Firm track recordEvercore: 88% of its 16 targets at least a year old were reached within 12 months (#3 of 26 firms); on AMD, 2 of 2. Accuracy ranking →

Evercore on AMD

Evercore price targets on AMD

6 calls from May 7, 2025 to May 19, 2026. The target went from $126 to $579 (+360%). The rating stayed Buy.

Evercore targetAMD share price
  1. May 19, 2026Target raised from $328 (+77%)Buy$579
  2. February 4, 2026Target raised from $144 (+128%)Buy$328
  3. July 15, 2025Kept the $144 targetBuy$144
  4. June 13, 2025 This noteTarget raised from $126 (+14%)Buy$144
  5. May 14, 2025Kept the $126 targetBuy$126
  6. May 7, 2025Earliest call shownBuy$126
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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.