Baird AMD

Baird Raises AMD Price Target to $300

Analyst: Tristan Gerra 1 min read Reproduced verbatim
Rating
Outperform
Target
$300
from $240 (+25%)
Outcome
Reached
on April 22, 2026
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What the analyst said

Baird analyst Tristan Gerra raised the price target on AMD (NASDAQ: AMD) to $300 (from $240) while maintaining an Outperform rating.

“We see AMD’s financial analyst day, where the AI TAM estimate could be raised, along with the ramp of Mi450 in 2H26 as catalysts ahead for the stock.

Potential resumption of Mi308 shipments, for which there is no visibility currently, would also bring material upside.

Net, on the basis of the $12 in EPS we continue to forecast for 2028, which does not embed the full OpenAI ramp, we see meaningful upside in the stock from current levels; focus will be on execution.

Outperform-rated.”

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 $491. The 25 analysts who set a target in the last 3 months range from $510 to $1,250, with a median of $675. This $300 target is 56% below the median, the lowest on the Street.

Since the note AMD has moved +96% (from $250). 12-month window: day 364 of 365, closes on November 5, 2026.

Track record

This call✓ Target reached on April 22, 2026, 6 months after the note.

Firm track recordBaird: 90% of its 29 targets at least a year old were reached within 12 months (#1 of 26 firms); on AMD, 2 of 2. Accuracy ranking →

Earnings reactionOne of 15 notes after AMD’s Nov 4 results: 12 raised · 0 cut · 2 kept. See every call →

Baird on AMD

Baird price targets on AMD

7 calls from May 7, 2025 to November 4, 2026. The target went from $140 to $1,250 (+793%). The rating stayed Buy.

Baird targetAMD share price
  1. November 4, 2026Kept the $1,250 targetBuy$1,250
  2. July 24, 2026Target raised from $625 (+100%)Buy$1,250
  3. May 6, 2026Target raised from $300 (+108%)Buy$625
  4. November 5, 2025 This noteTarget raised from $240 (+25%)Buy$300
  5. October 7, 2025Target raised from $140 (+71%)Buy$240
  6. June 12, 2025Kept the $140 targetBuy$140
  7. May 7, 2025Earliest call shownBuy$140
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Other analysts on AMD

JP MorganHold Raised price target +5%, kept rating Nov 4 $575from $550 Piper SandlerBuy Raised price target +8%, kept rating Nov 4 $650from $600 UBSBuy Cut price target −4%, kept rating Nov 4 $700from $730 Melius ResearchBuy Raised price target +8%, kept rating Nov 4 $650from $600 SusquehannaBuy Kept rating and price target Nov 4 $650maintained
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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.