HSBC AMD

HSBC Raises AMD Price Target to $540

Analyst: Frank Lee 1 min read Reproduced verbatim
Rating
Hold
Target
$540
from $500 (+8%)
Upside
+10%
AMD at $489 today
HSBC and AMD logos

What the analyst said

HSBC analyst Frank Lee raised the price target on AMD (NASDAQ: AMD) to $540 (from $500) while maintaining a Hold rating.

“With c12% upside from the current share price, we retain our Hold rating as we believe that despite the strength in server CPU, overall softness in client CPU demand, yield-related risks at second-tier packaging vendors and uncertainty of Helios ramp remain an overhang.”

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 $489. The 30 analysts who set a target in the last 3 months range from $540 to $1,250, with a median of $650. This $540 target is 17% below the median, the lowest on the Street.

12-month window: day 0 of 365, closes on November 5, 2027.

Track record

This callOpen: a 12-month target, scored on November 5, 2027, a year after the note.

Firm track recordHSBC: 60% of its 20 targets at least a year old were reached within 12 months (#24 of 26 firms); on AMD, 2 of 2. Accuracy ranking →

Earnings reactionOne of 25 notes after AMD’s Nov 3 results: 9 raised · 4 cut · 11 kept. See every call →

HSBC on AMD

HSBC price targets on AMD

5 calls from May 27, 2025 to November 5, 2026. The target went from $200 to $540 (+170%). The rating stayed Hold.

HSBC targetAMD share price
  1. November 5, 2026 This noteTarget raised from $340 (+59%)Hold$540
  2. May 4, 2026Kept the $340 targetHold$340
  3. May 4, 2026Downgraded to Hold, target raised from $200 (+70%)Hold$340
  4. July 10, 2025Upgraded to Buy, set a $200 targetBuy$200
  5. May 27, 2025Earliest call shownHoldNo target
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Other analysts on AMD

StoneXBuy Kept rating and price target Nov 4 $685maintained DA DavidsonBuy Raised price target +9%, kept rating Nov 4 $600from $550 TD CowenBuy Kept rating and price target Nov 4 $675maintained RBC CapitalHold Kept rating and price target Nov 4 $540maintained Wolfe ResearchBuy 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.