Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Advanced Micro Devices, Inc. (AMD) has a Wall Street consensus price target of $293.26, based on estimates from 69 covering analysts. With the stock currently trading at $200.21, this represents a potential upside of +46.5%. The company has a market capitalization of $326.34B.
Analyst price targets range from a low of $220.00 to a high of $380.00, representing a 55% spread in expectations. The median target of $300.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 47 analysts rating the stock as a Buy or Strong Buy,22 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, AMD trades at a trailing P/E of 75.6x and forward P/E of 29.5x. The forward PEG ratio of 5.72 reflects a premium valuation. Analysts expect EPS to grow +157.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $550.19, with bear and bull scenarios of $-143.44 and $883.35 respectively. Model confidence stands at 71/100, indicating high predictability in the company's fundamentals.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how AMD stacks up against sector leader NVIDIA Corporation.
Start ComparisonThe consensus Wall Street price target for AMD is $293.26, representing 46.5% upside from the current price of $200.21. With 69 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
AMD has a consensus rating of "Buy" based on 69 Wall Street analysts. The rating breakdown is predominantly bullish, with 47 Buy/Strong Buy ratings. The consensus 12-month price target of $293.26 implies 46.5% upside from current levels.
AMD trades at a forward P/E of 29.5465x, representing a moderate valuation. With analysts targeting $293.26 (46.5% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $380 for AMD, while the most conservative target is $220. The consensus of $293.26 represents the median expectation. Our quantitative valuation model projects a bull case target of $883 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
AMD is heavily covered by Wall Street, with 69 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 47 have Buy ratings, 22 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month AMD stock forecast based on 69 Wall Street analysts shows a consensus price target of $293.26, with estimates ranging from $220 (bear case) to $380 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $550, with bear/bull scenarios of $-143/$883.
Our quantitative valuation model calculates AMD's fair value at $550 (base case), with a bear case of $-143 and bull case of $883. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 71/100.
AMD trades at a forward P/E ratio of 29.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 75.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on AMD, with a "Buy" consensus rating and $293.26 price target (46.5% upside). 47 of 69 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
AMD analyst price targets range from $220 to $380, a 55% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $293.26 consensus represents the middle ground. Our model's $-143-$883 range provides an independent fundamental perspective.