Ben Tiger
05-06 07:48

Analyst Optimism and Price Target Hikes: Following the earnings release, several analysts upgraded their outlook. Notably, Wedbush raised its price target on AMD from $290 to $400.


AMD is set to launch a new flagship "Gorgon Halo" APU at Computex 2026 (June), featuring up to 16 Zen 5 cores and a new Radeon 8065S graphics unit. Looking further ahead, the company is also developing next-generation RDNA 5-based Radeon RX graphics cards, expected in the second half of 2027.

AMD Hits All-Time High Above $4000! AI Nearly Doubles Profits?
AMD (AMD) extended its rally to a record $421.39, gaining 18.61%, after Q1 results showed AI-driven profit growth nearly doubling and revenue rising 38%, beating across the board. The multi-vendor trend — with AWS, Azure, and GCP expanding AMD GPU procurement — was firmly confirmed, while MI300X datacenter GPU ramp speed is seen as the key variable for continued outperformance next quarter. Institutions are broadly raising price targets. With AMD up over 37% in two sessions, where is the next target after this all-time high?
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