What the analyst said
KeyBanc analyst John Vinh reiterated an Overweight rating and $725 price target on AMD (NASDAQ: AMD).
“AMD posted solid 3Q results and higher 4Q guidance, which solidly exceeded expectations.
DC revs grew +97% y/y offsetting a miss in Client, which grew +7% y/y in 3Q and is expected to decline more than 20% q/q in 4Q.
MI455/ Helios revs are expected to increase sharply in 4Q and expected to crossover and exceed server CPU; furthermore, server CPU revs are expected to double in ’27 vs. +70% prior, with DC revs expected 80%+ of rev mix, with total revs growth in ’27 expected +80%+, despite PCs declining DD%.
We’re encouraged by these results and are adjusting estimates. Remain Overweight.”
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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 $725 target is 7% above the median.
12-month window: day 0 of 365, closes on November 4, 2027.
Track record
This callOpen: a 12-month target, scored on November 4, 2027, a year after the note.
Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms); on AMD, 2 of 2. Accuracy ranking →
KeyBanc on AMD
KeyBanc price targets on AMD
8 calls from November 5, 2025 to November 4, 2026. The target went from $270 to $725 (+169%). The rating moved from Hold to Buy.
- November 4, 2026 This noteKept the $725 targetBuy$725
- August 5, 2026Kept the $725 targetBuy$725
- July 14, 2026Target raised from $530 (+37%)Buy$725
- May 6, 2026Target raised from $300 (+77%)Buy$530
- February 4, 2026Target raised from $270 (+11%)Buy$300
- January 13, 2026Kept the $270 targetBuy$270
- January 13, 2026Upgraded to Buy, set a $270 targetBuy$270
- November 5, 2025Earliest call shownHoldNo target
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