AMD price prediction on the end of 2024?

The forecast for AMD stock price at the end of 2024 is $179. This represents a year-to-year change of approximately 17%. The rise from today to year-end is expected to be 1%. 1. **Consensus Analyst Rating and Price Target**: The consensus rating for AMD is a "Strong Buy" with a price target of $162. This suggests that analysts are optimistic about the stock's future performance. |Ticker|Name|Low Price Target|Consensus Rating|Closing Price|Date|code|market_code| |---|---|---|---|---|---|---|---| |AMD.O|Advanced Micro|162|Strong Buy|171.9|20240705|AMD|186| 2. **Long-term Forecast**: According to a long-term forecast, AMD's price is expected to hit $250 by the end of 2025. This indicates a significant upward trend in the stock's value. 3. **Monthly Price Predictions**: For the months leading up to November 2024, the forecasted prices range from $144 in May 2024 to $196 in November 2024. This suggests a steady increase in price over the course of the year. 4. **Technical Indicators**: The Fear & Greed Index indicates fear, which could suggest a potential buying opportunity as the stock may be undervalued. However, it's important to note that this is not investment advice and should be considered in conjunction with other factors. 5. **Market Conditions**: The overall market conditions, such as the performance of the semiconductor industry and broader economic indicators, will also play a role in determining AMD's stock price. For example, the recent rise in AMD's stock price coincides with a revision in payrolls data that led to speculation about Fed rate cuts. In conclusion, the forecast for AMD stock price at the end of 2024 is positive, with analysts expecting a significant increase in the stock's value. However, investors should also consider the risks and uncertainties inherent in any investment decision.