- Advanced Micro Devices (AMD, Financial) shows strong growth in the data center sector, bolstering investor confidence.
- Analysts suggest a potential upside of nearly 36% with a price target averaging at $134.10.
- The company's outlook remains robust with an "Outperform" rating and a significant estimated GF Value upside.
Advanced Micro Devices (AMD) experienced a significant boost following the release of its first-quarter results, highlighting robust growth in its data center segment. Investors were encouraged by the company's optimistic guidance, signaling potential strength ahead in the competitive semiconductor market.
Wall Street Analysts Forecast
According to the one-year price targets provided by 40 analysts, the average target price for Advanced Micro Devices Inc (AMD, Financial) stands at $134.10. The estimates vary widely, with a high of $200.00 and a low of $70.00, indicating an average upside potential of 35.97% from the current price of $98.62. For more in-depth estimate data, please visit the Advanced Micro Devices Inc (AMD) Forecast page.
Furthermore, based on the consensus recommendation from 51 brokerage firms, Advanced Micro Devices Inc's (AMD, Financial) average brokerage recommendation is currently rated at 2.3, indicating an "Outperform" status on the rating scale ranging from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
GF Value Estimate
Based on GuruFocus estimates, the estimated GF Value for Advanced Micro Devices Inc (AMD, Financial) in one year is $163.53. This suggests a remarkable upside of 65.82% from the current price of $98.62. The GF Value reflects GuruFocus' assessment of the fair value that the stock should be traded at, calculated using historical multiples as well as past business growth and future performance estimates. For more detailed data, please visit the Advanced Micro Devices Inc (AMD) Summary page.
