Update: Wedbush Raises Price Target on Advanced Micro Devices to $400 From $290, Keeps Outperform Rating
Idag, 16:42
10:42 AM EDT, 05/04/2026 (MT Newswires) -- (Updates to include Wedbush's commentary).
Wedbush raises Advanced Micro Devices (AMD) price target to $400 From $290 ahead of the upcoming Q1 earnings announcement, noting that the company is positioned to beat and guide higher on CPU strength.
Continued demand for server compute should provide some insurance moving forward should GPU/AI revenues ramp more slowly than anticipated, analysts Matt Bryson and Antoine Legault wrote in a Monday note.
Advanced Micro Devices has an average rating of overweight and mean price target of $312.72, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 345.87, Change: -14.67, Percent Change: -4.07
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Update: Wedbush Raises Price Target on Advanced Micro Devices to $400 From $290, Keeps Outperform Rating
Idag, 16:42
10:42 AM EDT, 05/04/2026 (MT Newswires) -- (Updates to include Wedbush's commentary).
Wedbush raises Advanced Micro Devices (AMD) price target to $400 From $290 ahead of the upcoming Q1 earnings announcement, noting that the company is positioned to beat and guide higher on CPU strength.
Continued demand for server compute should provide some insurance moving forward should GPU/AI revenues ramp more slowly than anticipated, analysts Matt Bryson and Antoine Legault wrote in a Monday note.
Advanced Micro Devices has an average rating of overweight and mean price target of $312.72, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 345.87, Change: -14.67, Percent Change: -4.07
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