Susquehanna Raises AMD PT to $210 from $135, Maintains Positive Stance
Advanced Micro Devices (AMD) continues to attract positive analyst attention as Susquehanna Financial Group has raised its price target for the company's stock to $210 from $135. The move comes amidst a robust performance and promising future prospects for AMD, particularly in the AI and data center segments [1].
The latest price target increase reflects Susquehanna's confidence in AMD's ability to capitalize on the growing demand for AI and high-performance computing (HPC) solutions. The analyst firm cited the company's strong momentum, competitive AI chip offerings, and the potential resumption of China AI chip shipments in the second half of 2025 as key drivers [1].
Susquehanna's updated target aligns with the broader market sentiment, where multiple analysts have raised their price targets for AMD in recent months. For instance, BofA Securities has set a target of $200, while UBS's Timothy Arcuri has projected a $210 price point, highlighting the optimism surrounding the company's growth prospects [2].
The potential resumption of China AI chip shipments is seen as a significant catalyst for AMD, with estimates suggesting this could add $0.7–$1 billion to the company's 2025 AI GPU revenue and up to $2 billion in 2026 [2]. Additionally, analysts have noted strong pricing for AMD's MI355X GPUs, which are now reportedly selling for over $20,000, well above consensus estimates of $17,000 [2].
AMD's earnings report, scheduled for August 5, will be closely watched by investors. The company is expected to provide insights into its performance in the data center and AI segments, which could set the tone for the stock's near-term trajectory. Analysts are particularly interested in commentary on China shipments, data-center growth, and GPU pricing [2].
In conclusion, Susquehanna's updated price target for AMD underscores the positive outlook for the company's stock, driven by strong fundamentals and promising growth prospects. Investors will continue to monitor AMD's earnings report and other market developments to gauge the stock's potential for further gains.
References:
[1] https://www.cnbc.com/quotes/AMD
[2] https://finbold.com/heres-when-amd-stock-will-reach-200-according-to-chatgpt%E2%80%914o/
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