Advanced Micro Devices, Inc. Stock Price Targets
Comprehensive analysis of short, mid, and long-term price targets for Advanced Micro Devices, Inc. (AMD).
Give me a comprehensive price target analysis for Advanced Micro Devices, Inc. (AMD).
Price Target Analysis for AMD (Advanced Micro Devices, Inc.)
| Price Level | Target Price | Direction | Justification & Key Drivers |
|---|---|---|---|
| Low Target | $125.10 | Support | The current stock price is $163.71, which is above the low target, indicating potential support starting near $125.10. This level also aligns with recent lows observed in the technical indicators and earnings dips. |
| Median Target | $190.00 | Median Resistance | The median analyst target of $190.00 aligns with the recent upward trend and EPS growth pattern. It’s reinforced by the ongoing positive momentum in recent earnings, improving revenue margins, and bullish technical indicators such as the 50-day moving average. |
| High Target | $230.00 | Resistance | The high target reflects the optimistic analyst consensus, supported by strong earnings revisions (+33 last 12 months), expanding margins, and the stock's positioning near the upper range of projected growth. The recent MACD and RSI also suggest potential for continued bullish momentum. |
The support and resistance levels are extended 30 days into the future, providing a visual horizon for potential pivotal levels for AMD.
Summary:
- The stock currently trades around $163.71, with analyst targets ranging from $125.10 to $230.00.
- Technical indicators (RSI, MACD) suggest ongoing momentum with some overbought signals but maintained strength.
- The earnings history exhibits consistent positive growth, notably the EPS increasing from around 3.9 to over 6 in one year, with revisions indicating bullish sentiment.
- The valuation metrics (forward PE of 32.1, Price-to-Book of 4.45) suggest moderate valuation growth potential aligned with earnings expansion.
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