What the analyst said
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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Where the price stands
AMD trades at $404. The 30 analysts who set a target in the last 3 months range from $540 to $1,250, with a median of $650. This $685 target is 5% above the median.
Since the note AMD has moved −15% (from $476). 12-month window: day 94 of 365, closes on August 3, 2027.
Track record
This callOpen: AMD has not reached $685 yet. This 12-month target is scored on July 23, 2027. Same target as this firm’s July 23, 2026 note, so it is scored there.
Firm track recordStoneX: 70% of its 23 targets at least a year old were reached within 12 months (#18 of 26 firms); on AMD, 2 of 2. Accuracy ranking →
StoneX on AMD
StoneX price targets on AMD
8 calls from November 12, 2025 to November 4, 2026. The target went from $325 to $685 (+111%). The rating stayed Buy.
- November 4, 2026Kept the $685 targetBuy$685
- August 5, 2026Kept the $685 targetBuy$685
- August 3, 2026 This noteKept the $685 targetBuy$685
- July 23, 2026Target raised from $485 (+41%)Buy$685
- May 6, 2026Target raised from $325 (+49%)Buy$485
- February 4, 2026Kept the $325 targetBuy$325
- February 4, 2026Kept the $325 targetBuy$325
- November 12, 2025Earliest call shownBuy$325





