Goldman Sachs AMD

Goldman Sachs Reiterates Buy on AMD, $700 Price Target

Analyst: James Schneider 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$700
from $640 (+9%)
Upside
+45%
AMD at $484 today
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What the analyst said

Goldman Sachs analyst James Schneider reiterated a Buy rating and $700 price target on AMD (NASDAQ: AMD).

“Key stock takeaways: We expect the stock to trade higher following stronger results and guidance.

We believe investor expectations had been lowered significantly following Intel’s weak guidance last week.

Key highlights from the results included continued strength in Datacenter, gross margin outperformance relative to expectations, and in-line OpEx outlook.

On the conference call, we expect investors to focus on: (1) the shape of MI450 ramp at key customer accounts in 4Q/2027; (2) visibility into sustainability of Server CPU growth in 2027; (3) gross margin trends; (4) PC demand environment.”

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 25 analysts who set a target in the last 3 months range from $510 to $1,250, with a median of $675. This $700 target is 4% above the median.

12-month window: day 1 of 365, closes on November 3, 2027.

Track record

This callOpen: a 12-month target, scored on November 3, 2027, a year after the note.

Firm track recordGoldman Sachs: 78% of its 36 targets at least a year old were reached within 12 months (#16 of 26 firms); on AMD, 3 of 3. Accuracy ranking →

Goldman Sachs on AMD

Goldman Sachs price targets on AMD

8 calls from February 4, 2026 to November 4, 2026. The target went from $210 to $675 (+221%). The rating moved from Hold to Buy.

Goldman Sachs targetAMD share price
  1. November 4, 2026Target cut from $700 (−4%)Buy$675
  2. November 3, 2026 This noteTarget raised from $640 (+9%)Buy$700
  3. July 6, 2026Target raised from $450 (+42%)Buy$640
  4. May 6, 2026Kept the $450 targetBuy$450
  5. May 6, 2026Upgraded to Buy, target raised from $240 (+88%)Buy$450
  6. February 25, 2026Target raised from $210 (+14%)Hold$240
  7. February 4, 2026Kept the $210 targetHold$210
  8. February 4, 2026Earliest call shownHold$210
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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
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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.