What the analyst said
Truist Securities analyst William Stein reiterated a Buy rating and $279 price target on AMD (NASDAQ: AMD).
“The emerging DC/AI “trusted partner” reveals $20+ EPS power.
Stock remains cheap; What you need to know: We believe AMD is growing EPS at a ~45% CAGR through CY30 and trades at only ~10x CY30 EPS power.
At its analyst day today AMD revealed a $1T TAM, and a financial model that calls for 35% total sales growth, expanding GPM & OPM, and 45% EPS growth.
Key driver is server accelerators, which customer orders & future indications suggest an 80% CAGR.
Of course, execution is one risk, but the bigger ones relate to customers’ ability to power and to fund the build-out. Management exuded confidence on these matters, mitigating our concerns somewhat.
No change to our nearterm model or $279 PT, but the stock looks cheap vs. its LT earnings power. BUY.”
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Where the price stands
AMD trades at $545. The 26 analysts who set a target in the last 3 months range from $465 to $1,250, with a median of $680. This $279 target is 59% below the median, the lowest on the Street.
Since the note AMD has moved +130% (from $238). 12-month window: day 338 of 365, closes on November 12, 2026.
Track record
This callOpen: a 12-month target, scored on November 12, 2026, a year after the note.
Firm track recordTruist: 73% of its 11 targets at least a year old were reached within 12 months (#23 of 28 firms); on AMD, 2 of 3. Accuracy ranking →
Truist on AMD
Truist price targets on AMD
8 calls from February 5, 2025 to February 25, 2026. The target went from $130 to $283 (+118%). The rating moved from Hold to Buy.
- February 25, 2026Kept the $283 targetBuy$283
- February 4, 2026Target raised from $277 (+2%)Buy$283
- December 19, 2025Target cut from $279 (−1%)Buy$277
- November 12, 2025 This noteKept the $279 targetBuy$279
- November 5, 2025Upgraded to Buy, target raised from $111 (+151%)Buy$279
- July 7, 2025Kept the $111 targetHold$111
- May 7, 2025Target cut from $130 (−15%)Hold$111
- February 5, 2025Earliest call shownHold$130
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