What the analyst said
KeyBanc analyst John Vinh raised the price target on AMD (NASDAQ: AMD) to $300.00 (from $270.00) while maintaining an Overweight rating.
“AMD posted strong 4Q results and 1Q guidance. Upside in the quarter and the guide was mostly driven by strong Data Center results, which in 4Q grew +24% q/q and +39% y/y and also Client.
4Q/1Q includes $390M and $100M in MI308 sales to China, but is not expected to reoccur moving forward.
1Q guidance has Data Center up q/q vs. seasonal -HSD q/q, while other segments are expected to be down q/q.
Finally, MI450/Helios is reiterated to be on track to start ramping in 3Q26, with significant volume in 4Q26. We’re encouraged by these results and are updating ests and increasing our PT to $300.”
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Where the price stands
AMD trades at $424. The 30 analysts who set a target in the last 3 months range from $540 to $1,250, with a median of $650. This $300 target is 54% below the median, the lowest on the Street.
Since the note AMD has moved +75% (from $242). 12-month window: day 274 of 365, closes on February 4, 2027.
Track record
This call✓ Target reached on April 22, 2026, 3 months after the note.
Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms); on AMD, 2 of 2. Accuracy ranking →
KeyBanc on AMD
KeyBanc price targets on AMD
8 calls from May 7, 2025 to July 14, 2026. The target went from $270 to $725 (+169%). The rating moved from Hold to Buy.
- July 14, 2026Target raised from $530 (+37%)Buy$725
- May 6, 2026Target raised from $300 (+77%)Buy$530
- February 4, 2026 This noteTarget raised from $270 (+11%)Buy$300
- January 13, 2026Kept the $270 targetBuy$270
- January 13, 2026Upgraded to Buy, set a $270 targetBuy$270
- November 5, 2025Rating only, no price targetHoldNo target
- July 8, 2025Rating only, no price targetHoldNo target
- May 7, 2025Earliest call shownHoldNo target
Other analysts on AMD
HSBCHold
Raised price target +8%, kept rating · Nov 5
$540from $500
StoneXBuy
Kept rating and price target · Nov 4
$685maintained
DA DavidsonBuy
Raised price target +9%, kept rating · Nov 4
$600from $550
TD CowenBuy
Kept rating and price target · Nov 4
$675maintained
RBC CapitalHold
Kept rating and price target · Nov 4
$540maintained