24/7 Wall St. analysts rate AMD a Buy with a $628.27 price target, implying 35% upside, citing strong Data Center growth and Meta/Anthropic commitments.
The analysis highlights AMD's Data Center revenue more than doubling year-over-year to $6.72 billion and its Q2 FY26 revenue reaching $11.54 billion, up 50.11% YoY. AMD CEO Lisa Su projects the AI accelerator market to hit $1.4 trillion by 2030, with Anthropic committing 2 GW and Meta 6 GW of MI450 deployments. While NVIDIA's Q2 FY27 revenue grew 106% to $96 billion, analysts believe AMD offers a more compelling risk-reward profile despite its higher P/E ratio.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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