Piper Sandler AMD

Piper Sandler Raises AMD Price Target to $140

Analyst: Harsh Kumar 1 min read Reproduced verbatim
Rating
Overweight
Target
$140
from $125 (+12%)
Outcome
Reached
on June 25, 2025
Piper Sandler and AMD logos

What the analyst said

Piper Sandler analyst Harsh Kumar raised the price target on AMD (NASDAQ: AMD) to $140 (from $125) while maintaining an Overweight rating.

“New Products to Aid GPU Growth; AMD caught up with the financial community on Friday with its quarterly pre-quarter close call.

Overall, we are enthused with the product launches at the AMD event this week, specifically the Helios rack, which we think is pivotal for AMD Instinct growth.

We do expect a snapback for GPU business in the 4Q25 quarter when most of the China related charges are through.

We also note that the largest of the business units, namely client is starting to see some pull-ins. We reiterate OW. PT to $140.”

Disclaimer
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 $487. The 23 analysts who set a target in the last 3 months range from $510 to $800, with a median of $685. This $140 target is 80% below the median, the lowest on the Street.

Since the note AMD has moved +319% (from $116). The 12-month window closed on June 16, 2026.

Track record

This call✓ Target reached on June 25, 2025, 9 days after the note.

Firm track recordPiper Sandler: 78% of its 37 targets at least a year old were reached within 12 months (#15 of 26 firms); on AMD, 3 of 3. Accuracy ranking →

Piper Sandler on AMD

Piper Sandler price targets on AMD

8 calls from February 5, 2025 to February 4, 2026. The target went from $140 to $300 (+114%). The rating stayed Buy.

Piper Sandler targetAMD share price
  1. February 4, 2026Kept the $300 targetBuy$300
  2. February 4, 2026Kept the $300 targetBuy$300
  3. January 26, 2026Target raised from $280 (+7%)Buy$300
  4. November 12, 2025Kept the $280 targetBuy$280
  5. November 5, 2025Target raised from $240 (+17%)Buy$280
  6. October 7, 2025Target raised from $140 (+71%)Buy$240
  7. June 16, 2025 This noteKept the $140 targetBuy$140
  8. February 5, 2025Earliest call shownBuy$140
Share

Other analysts on AMD

Morgan StanleyHold Raised price target +10%, kept rating Nov 2 $510from $465 SusquehannaBuy Raised price target +5%, kept rating Oct 28 $650from $620 Aletheia CapitalBuy Raised price target +14%, kept rating Oct 28 $800from $700 SusquehannaBuy Raised price target +13%, kept rating Oct 21 $620from $550 TD CowenBuy Kept rating and price target Oct 19 $675maintained
Share on
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.