Wall Street Bullish on Advanced Micro Devices (AMD), Here’s What Analysts Have to Say
Published: 2026-04-23
Wall Street Bullish on Advanced Micro Devices (AMD), Here’s What Analysts Have to Say Talha Qureshi Wed, April 22, 2026 at 7:34 AM EDT 2 min read AMD Advanced Micro Devices, Inc. (NASDAQ: AMD ) is among the Stocks That Will Double in the Next 5 Years . Wall Street is bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD) as 79% of the 56 analysts covering the stock maintain a Buy rating on the stock. Recently, on April 16, Bernstein raised the firm’s price target on the stock from $235 to $265, but maintained a Market Perform rating. The firm noted that they expect stronger server demand to lead to weaker PC sales. Bernstein expects EPYC processor sales to rise about 50% year-over-year in 2026, while incorporating the Meta AI deal, which they believe consensus estimates underappreciate. Moreover, the firm also raised its Q1 2026 revenue estimates to $9.9 billion, up from $9.8 billion, with EPS at $1.27, up from $1.25, still below the broader consensus. For Q2 2026, the firm models $10.1 billion in revenue and $1.38 EPS, up from prior figures but under the consensus of $10.5 billion and $1.42. Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems. While we acknowledge the potential of AMD as an investment, we believe certai…
Originally sourced from Yahoo