JP Morgan has raised its price target for AMD from $120 to $180, a 50% increase, while maintaining a 'Neutral' rating. This follows recent analyst updates, including Morgan Stanley raising its target to $185 and UBS to $210. The average one-year price target from 42 analysts is $162.06, with a high estimate of $223.00 and a low of $120.00. The average brokerage recommendation is 2.2, indicating 'Outperform' status.
JPMorgan has significantly raised its price target for AMD (NASDAQ: AMD) from $120 to $180, marking a 50% increase. This upward revision comes on the heels of recent analyst updates and follows AMD's strong financial performance. The Neutral rating maintained by JPMorgan underscores a cautious but optimistic outlook on the company's future prospects [1].
The average one-year price target from 42 analysts is $162.06, with a high estimate of $223.00 and a low of $120.00. The average brokerage recommendation is 2.2, indicating an 'Outperform' status. This consensus reflects the growing confidence in AMD's ability to capitalize on its market leadership and technological advancements [2].
Morgan Stanley and UBS have also raised their price targets, with Morgan Stanley increasing its target to $185 and UBS to $210. These updates highlight the positive sentiment surrounding AMD's recent earnings and guidance, which exceeded market expectations [1].
AMD's second-quarter revenue of $7.7 billion, a 32% year-over-year increase, and the initiation of a $6 billion share repurchase plan further bolstered analyst confidence. The company's strong performance in EPYC and Ryzen CPU lines, coupled with robust AI potential, has drawn favorable attention from various analysts [2].
Despite a recent sell-off following the earnings announcement, AMD's stock has shown remarkable resilience, trading near its 52-week high of $182.50. The company's strong revenue growth and operational execution continue to position it as a leader in the semiconductor industry [1].
In conclusion, JPMorgan's price target increase for AMD reflects a broader consensus among analysts, who are optimistic about the company's future performance. As AMD continues to innovate and expand its market share, investors can expect to see further positive developments in the coming quarters.
References:
[1] https://www.investing.com/news/analyst-ratings/amd-stock-price-target-raised-to-180-from-120-at-jpmorgan-93CH-4172836
[2] https://www.marketbeat.com/instant-alerts/advanced-micro-devices-nasdaqamd-stock-price-expected-to-rise-barclays-analyst-says-2025-08-06/
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