Wells Fargo AMD

Wells Fargo Raises AMD Price Target to $615

Analyst: Aaron Rakers 1 min read Reproduced verbatim
Rating
Overweight
Target
$615
from $505 (+22%)
Outcome
Reached
on September 21, 2026
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What the analyst said

Wells Fargo analyst Aaron Rakers raised the price target on AMD (NASDAQ: AMD) to $615.00 (from $505.00) while maintaining an Overweight 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 $484. The 15 analysts who set a target in the last 3 months range from $510 to $800, with a median of $700. This $615 target is 12% below the median.

Since the note AMD has moved −10% (from $539). 12-month window: day 126 of 365, closes on June 30, 2027.

Track record

This call✓ Target reached on September 21, 2026, 3 months after the note.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#22 of 26 firms); on AMD, 5 of 5. Accuracy ranking →

Wells Fargo on AMD

Wells Fargo price targets on AMD

8 calls from April 16, 2025 to August 5, 2026. The target went from $140 to $700 (+400%). The rating stayed Buy.

Wells Fargo targetAMD share price
  1. August 5, 2026Target raised from $615 (+14%)Buy$700
  2. June 30, 2026 This noteTarget raised from $505 (+22%)Buy$615
  3. May 6, 2026Target raised from $345 (+46%)Buy$505
  4. November 12, 2025Target raised from $300 (+15%)Buy$345
  5. October 30, 2025Target raised from $275 (+9%)Buy$300
  6. October 7, 2025Target raised from $120 (+129%)Buy$275
  7. May 20, 2025Target cut from $140 (−14%)Buy$120
  8. April 16, 2025Earliest call shownBuy$140
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Other analysts on AMD

Morgan StanleyHold Raised price target +10%, kept rating Nov 2 $510from $465 SusquehannaBuy Raised price target +5%, kept rating Oct 28 $650from $620 Aletheia CapitalBuy Raised price target +14%, kept rating Oct 28 $800from $700 SusquehannaBuy Raised price target +13%, kept rating Oct 21 $620from $550 TD CowenBuy Kept rating and price target Oct 19 $675maintained
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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.