What the analyst said
KeyBanc analyst John Vinh raised the price target on AMD (NASDAQ: AMD) to $530.00 (from $330.00) while maintaining an Overweight rating.
“AMD posted strong 1Q results and 2Q guidance, which exceeded expectations.
1Q was mostly driven by Client and DC to a lesser extent, while 2Q upside is mostly being driven by server CPU, which grew +50% y/y in 1Q and expected +70% y/y in 2Q.
AMD now sees the server CPU TAM at $120B by 2030 vs. $60B prior. AI GPUs missed expectations and declined in 1Q q/q due to the decline in China revs but expected to grow +DD% q/q in 2Q.
MI450/Helios and the ramp of META’s 6GW deal is reiterated to be on track for 2H.
We’re encouraged by these results and are raising ests and our PT to $530. Reiterate OW.”
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Where the price stands
AMD trades at $509. The 25 analysts who set a target in the last 3 months range from $510 to $1,250, with a median of $675. This $530 target is 21% below the median.
Since the note AMD has moved +43% (from $355). 12-month window: day 182 of 365, closes on May 6, 2027.
Track record
This call✓ Target reached on June 3, 2026, 28 days 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 July 8, 2025 to August 5, 2026. The target went from $270 to $725 (+169%). The rating moved from Hold to Buy.
- August 5, 2026Kept the $725 targetBuy$725
- July 14, 2026Target raised from $530 (+37%)Buy$725
- May 6, 2026 This noteTarget raised from $300 (+77%)Buy$530
- February 4, 2026Target 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, 2025Earliest call shownHoldNo target
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