Citi AMD

Citi Lowers AMD Price Target to $248

Analyst: Christopher Danely 1 min read Reproduced verbatim
Rating
Neutral
Target
$248
from $260 (−5%)
Outcome
Reached
on April 14, 2026
Citi and AMD logos

What the analyst said

Citi analyst Christopher Danely lowered the price target on AMD (NASDAQ: AMD) to $248.00 (from $260.00) while maintaining a Neutral rating.

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 $404. The 30 analysts who set a target in the last 3 months range from $540 to $1,250, with a median of $650. This $248 target is 62% below the median, the lowest on the Street.

Since the note AMD has moved +86% (from $218). 12-month window: day 213 of 365, closes on April 6, 2027.

Track record

This call✓ Target reached on April 14, 2026, 8 days after the note.

Firm track recordCiti: 88% of its 41 targets at least a year old were reached within 12 months (#3 of 26 firms); on AMD, 6 of 6. Accuracy ranking →

Citi on AMD

Citi price targets on AMD

8 calls from April 11, 2025 to June 12, 2026. The target went from $100 to $575 (+475%). The rating moved from Hold to Buy.

Citi targetAMD share price
  1. June 12, 2026Upgraded to Buy, target raised from $460 (+25%)Buy$575
  2. May 18, 2026Target raised from $248 (+85%)Hold$460
  3. April 6, 2026 This noteTarget cut from $260 (−5%)Hold$248
  4. November 5, 2025Target raised from $215 (+21%)Hold$260
  5. October 7, 2025Target raised from $120 (+79%)Hold$215
  6. June 9, 2025Target raised from $100 (+20%)Hold$120
  7. May 20, 2025Kept the $100 targetHold$100
  8. April 11, 2025Earliest call shownHold$100
Share

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
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.