KeyBanc AMD

KeyBanc Maintains Sector Weight Rating on AMD

November 5, 2025 Analyst: John Vinh 1 min read Reproduced verbatim
Rating
Hold
Unchanged
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What the analyst said

KeyBanc analyst John Vinh reiterated a Sector Weight rating on AMD (NASDAQ: AMD).

“Strong Results and Guidance Driven by Growth in Server CPU and MI355; AMD posted strong 3Q results and 4Q guidance.

Upside in the quarter and guide was driven by strong Data Center revs, which grew 22% y/y from both strong server CPU (Turin) and AI GPUs (MI355).

Looking into 4Q, AMD guided for strong server CPU growth, as well as continued growth of MI355.

Additionally, AMD noted that it has not recognized any China (MI308) revenues in its results and guidance. While AMD is no longer breaking out its AI GPUs revs, we’re modeling $6.7B in revs in 2025.

We’re encouraged by these strong results ahead of the analyst event and are updating our ests. Maintain SW.”

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Track record

Firm track recordKeyBanc: 80% of its 10 targets at least a year old were reached within 12 months (#18 of 28 firms); on AMD, 2 of 2. Accuracy ranking →

Earnings reactionOne of 15 notes after AMD’s Nov 4 results: 12 of 15 raised targets. See every call →

KeyBanc on AMD

KeyBanc price targets on AMD

8 calls from January 14, 2025 to January 13, 2026. The target went from $150 to $270 (+80%). The rating stayed Buy.

KeyBanc targetAMD share price
  1. January 13, 2026Kept the $270 targetBuy$270
  2. January 13, 2026Upgraded to Buy, target raised from $140 (+93%)Buy$270
  3. November 5, 2025 This noteRating only, no price targetHoldNo target
  4. July 8, 2025Rating only, no price targetHoldNo target
  5. May 7, 2025Rating only, no price targetHoldNo target
  6. April 8, 2025Downgraded to HoldHoldNo target
  7. February 5, 2025Target cut from $150 (−7%)Buy$140
  8. January 14, 2025Earliest call shownBuy$150
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Other analysts on AMD

MizuhoBuy Raised price target +22%, kept rating · Oct 6 $705from $580 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
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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.