Advanced Micro Devices, Inc. (AMD) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$355.26
Price Target
$310.86
Target Range
$230.00 — $380.00
Analyst Rating
Buy
Forward P/E51.9x
Trailing P/E134.1x
Forward PEG10.04
Implied Growth+160.5%
Median Target$300.00
Analyst Spread48.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$230
-35.3%
Consensus
$311
-12.5%
Bull Case
$380
+7.0%
AMD Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Advanced Micro Devices, Inc. (AMD) has a Wall Street consensus price target of $310.86, based on estimates from 70 covering analysts. With the stock currently trading at $355.26, this represents a potential downside of -12.5%. The company has a market capitalization of $579.22B.
Analyst price targets range from a low of $230.00 to a high of $380.00, representing a 48% spread in expectations. The median target of $300.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 47 analysts rating the stock as a Buy or Strong Buy,23 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 134.1x and forward P/E of 51.9x. The forward PEG ratio of 10.04 reflects a premium valuation. Analysts expect EPS to grow +160.5% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-6.0%
Avg Forward P/E43.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 INTCIntel Corporation | $543.2B | $108.18 | $77.18 | -28.7% | Hold | 103.7x | 84 |
 NVDANVIDIA Corporation | $4.8T | $196.50 | $278.83 | +41.9% | Buy | 23.7x | 79 |
 QCOMQUALCOMM Incorporated | $196.6B | $186.56 | $175.00 | -6.2% | Hold | 17.4x | 69 |
 ARMArm Holdings plc American Depositary Shares | $220.7B | $208.84 | $163.75 | -21.6% | Buy | 119.1x | 27 |
 MRVLMarvell Technology, Inc. | $146.1B | $168.75 | $129.52 | -23.2% | Buy | 44.0x | 72 |
 AVGOBroadcom Inc. | $2.0T | $427.45 | $443.72 | +3.8% | Buy | 37.8x | 58 |
 TXNTexas Instruments Incorporated | $255.7B | $280.87 | $253.71 | -9.7% | Buy | 37.2x | 65 |
 MUMicron Technology, Inc. | $722.4B | $640.45 | $455.86 | -28.8% | Buy | 11.2x | 68 |
 AMATApplied Materials, Inc. | $325.8B | $410.82 | $426.39 | +3.8% | Buy | 37.1x | 53 |
 TSMTaiwan Semiconductor Manufacturing Company Limited | $2.0T | $394.41 | $427.50 | +8.4% | Buy | 0.8x | 25 |
Upside Potential Comparison
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Start ComparisonAMD — Frequently Asked Questions
Quick answers to the most common questions about buying AMD stock.
What is the AMD stock price target for 2026?
AMD's consensus price target is $310.86, -12.5% below the current price of $355.26. The 70 analysts tracking AMD see downside risk at present valuations.
Is AMD a buy, sell, or hold?
AMD has a consensus rating of "Buy" based on 70 Wall Street analysts. The rating breakdown is predominantly bullish, with 47 Buy/Strong Buy ratings. The consensus 12-month price target of $310.86 implies -12.5% downside from current levels.
Is AMD stock overvalued or undervalued?
At a forward P/E of 51.8847x, AMD trades at a premium valuation. The consensus price target of $310.86 (-12.5% downside) suggests analysts may view current valuations as stretched.
How high can AMD stock go?
The most bullish Wall Street analyst has a price target of $380 for AMD, while the most conservative target is $230. The consensus of $310.86 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover AMD stock?
AMD is heavily covered by Wall Street, with 70 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 47 have Buy ratings, 23 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the AMD stock forecast?
The 12-month AMD stock forecast based on 70 Wall Street analysts shows a consensus price target of $310.86, with estimates ranging from $230 (bear case) to $380 (bull case). The median consensus rating is "Buy".
What is AMD's forward P/E ratio?
AMD trades at a forward P/E ratio of 51.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 134.1x. 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.
Should I buy AMD stock?
Analysts are cautious on AMD, with 0 Sell ratings and a price target of $310.86 (-12.5% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
Why do AMD price targets vary so much?
AMD analyst price targets range from $230 to $380, a 48% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $310.86 consensus represents the middle ground.