RBC Capital AMD

RBC Capital Raises AMD Price Target to $325

Analyst: Srini Pajjuri 1 min read Reproduced verbatim
Rating
Sector Perform
Target
$325
from $230 (+41%)
Downside
−33%
AMD at $489 today
RBC Capital and AMD logos

What the analyst said

RBC Capital analyst Srini Pajjuri raised the price target on AMD (NASDAQ: AMD) to $325.00 (from $230.00) while maintaining a Sector Perform rating.

“We expect a beat/raise although by a lesser magnitude than INTC. While CPU demand is strong, AMD has lower exposure than INTC and tight wafer supply is also a factor.

On the AI GPU front, we see slight upside and expect a reiteration of MI4xx (Helios) ramp schedule at OpenAI/META.

Management previously alluded to additional GW-scale customers though any announcements appear more likely at the upcoming AI event.

Looking ahead, secular growth in CPU-to-GPU ratio should be a tailwind, and we remain optimistic about AMD’s AI GPU prospects.

However, at 33xCY27P/E (~75% premium to NVDA), risk/reward appears fairly balanced.”

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 $489. The 25 analysts who set a target in the last 3 months range from $510 to $1,250, with a median of $675. This $325 target is 52% below the median, the lowest on the Street.

Since the note AMD has moved +45% (from $337). 12-month window: day 188 of 365, closes on April 30, 2027.

Track record

This callOpen: AMD has not reached $325 yet. This 12-month target is scored on April 30, 2027.

Firm track recordRBC Capital: 50% of its 16 targets at least a year old were reached within 12 months (#26 of 26 firms). Accuracy ranking →

RBC Capital on AMD

RBC Capital price targets on AMD

7 calls from January 14, 2026 to July 24, 2026. The target went from $230 to $540 (+135%). The rating stayed Hold.

RBC Capital targetAMD share price
  1. July 24, 2026Target raised from $400 (+35%)Hold$540
  2. May 6, 2026Target raised from $325 (+23%)Hold$400
  3. April 30, 2026 This noteTarget raised from $230 (+41%)Hold$325
  4. February 4, 2026Kept the $230 targetHold$230
  5. February 4, 2026Kept the $230 targetHold$230
  6. January 14, 2026Kept the $230 targetHold$230
  7. January 14, 2026Earliest call shownHold$230
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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.