Advanced Micro Devices (AMD, Financial) has caught the attention of investors as Citigroup analyst Christopher Danely recently adjusted his outlook on the stock. In a noteworthy move, Danely raised the price target for AMD from $145.00 to $165.00, a significant increase of 13.79%.
The new price target adjustment comes as part of Citigroup's latest analysis on AMD. Despite the increase in the price target, Citigroup maintains its current 'Neutral' rating on the stock. This decision suggests that while the analyst sees potential for upward momentum, there are still factors keeping them reserved about fully recommending the stock.
The adjustment was made on July 18, 2025, underscoring the company's ongoing position in the competitive semiconductor industry. As investors evaluate AMD's strategic direction and market dynamics, these updated insights from Citigroup provide valuable guidance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 41 analysts, the average target price for Advanced Micro Devices Inc (AMD, Financial) is $145.52 with a high estimate of $200.00 and a low estimate of $95.00. The average target implies an downside of 7.94% from the current price of $158.07. More detailed estimate data can be found on the Advanced Micro Devices Inc (AMD) Forecast page.
Based on the consensus recommendation from 53 brokerage firms, Advanced Micro Devices Inc's (AMD, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Advanced Micro Devices Inc (AMD, Financial) in one year is $167.94, suggesting a upside of 6.24% from the current price of $158.07. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Advanced Micro Devices Inc (AMD) Summary page.