Benchmark Reiterates Buy on AMD, $685 Price Target

1 min read Reproduced verbatim Published as The Benchmark Company, now part of StoneX
Rating
Buy
Unchanged
Target
$685
Unchanged
Upside
+69%
AMD at $404 today
StoneX and AMD logos

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.

StoneX targetAMD share price
  1. November 4, 2026Kept the $685 targetBuy$685
  2. August 5, 2026Kept the $685 targetBuy$685
  3. August 3, 2026 This noteKept the $685 targetBuy$685
  4. July 23, 2026Target raised from $485 (+41%)Buy$685
  5. May 6, 2026Target raised from $325 (+49%)Buy$485
  6. February 4, 2026Kept the $325 targetBuy$325
  7. February 4, 2026Kept the $325 targetBuy$325
  8. November 12, 2025Earliest call shownBuy$325
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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.