Five-Star Analyst Urges: ‘Buy AMD Stock Now Before It’s Too Late’
AMD’s moment is here—and one top analyst says the window won’t stay open long.
Why the rush? The chipmaker’s relentless innovation streak—paired with rival Intel’s stumbles—has Wall Street buzzing. No speculative fluff, just hard metrics: data center growth, gaming dominance, and that sweet, sweet AI inference demand.
But let’s be real—since when do analysts ever whisper ‘sell’ before the retail crowd gets trampled? Timing, as always, is everything.
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Notably, five-star Piper Sandler analyst Harsh Kumar also pointed out that AMD’s biggest segment, its client business, is starting to show signs of improvement. He noted that the company is seeing some “pull-ins,” which suggests that customers are ordering earlier than expected. Kumar added that AMD’s GPU business could bounce back by the fourth quarter of Fiscal 2025 once the headwinds from China-related issues fade.
As a result, investors appear to be more confident in AMD’s strategy and upcoming AI products, with Piper Sandler’s revised forecast suggesting that AMD can keep gaining ground in the competitive semiconductor market. Interestingly, it is worth noting that the positive outlook also helped boost the shares of other chipmakers, such as Nvidia (NVDA), Intel (INTC), Broadcom (AVGO), and Marvell (MRVL).
Is AMD a Buy, Sell, or Hold?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on AMD stock based on 22 Buys, 11 Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average AMD price target of $129.41 per share implies 1.9% upside potential.
