BBenchmark AAMD · AMD

Benchmark Reiterates Buy on AMD, $685 PT

Aug 3, 2026· 1 min read· Reproduced verbatim
Rating
Buy
Price target
$685
Previous
Implied upside
+44%

Benchmark analyst Cody Acree reiterated a Buy rating and $685 price target on AMD (NASDAQ: AMD).

“AMD reports 2Q26 after the close on Tuesday, August 4.

We expect a clean, essentially in-line quarter: Benchmark revenue and non-GAAP EPS of $11.280B and $1.63 compare with Street estimates of $11.306B and $1.62.

Our 3Q model of $12.487B and $1.87 is also close to consensus at $12.528B and $1.88.

With total-company expectations closely grouped, the call should be judged primarily on the September guide, gross margin and Helios timing.”

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