JPMorgan Raises AMD Price Target to $385

Analyst: Harlan Sur 1 min read Reproduced verbatim
Rating
Neutral
Target
$385
from $270 (+43%)
Outcome
Reached
on May 6, 2026
JP Morgan and AMD logos

What the analyst said

JPMorgan analyst Harlan Sur raised the price target on AMD (NASDAQ: AMD) to $385.00 (from $270.00) while maintaining a Neutral rating.

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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 $484. The 23 analysts who set a target in the last 3 months range from $510 to $800, with a median of $685. This $385 target is 44% below the median, the lowest on the Street.

Since the note AMD has moved +36% (from $355). 12-month window: day 181 of 365, closes on May 6, 2027.

Track record

This call✓ Target reached on May 6, 2026, 0 days after the note.

Firm track recordJP Morgan: 63% of its 27 targets at least a year old were reached within 12 months (#23 of 26 firms); on AMD, 2 of 2. Accuracy ranking →

Earnings reactionOne of 22 notes after AMD’s May 5 results: 22 raised · 0 cut · 0 kept. See every call →

JP Morgan on AMD

JP Morgan price targets on AMD

5 calls from February 5, 2025 to May 6, 2026. The target went from $130 to $385 (+196%). The rating stayed Hold.

JP Morgan targetAMD share price
  1. May 6, 2026 This noteTarget raised from $270 (+43%)Hold$385
  2. November 5, 2025Target raised from $120 (+125%)Hold$270
  3. May 7, 2025Target cut from $130 (−8%)Hold$120
  4. March 12, 2025Kept the $130 targetHold$130
  5. February 5, 2025Earliest call shownHold$130
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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.