Barclays has revised its price target for Advanced Micro Devices (AMD, Financial), reducing it from $140 to $110. This change comes as part of the firm's broader update to its semiconductor and semiconductor capital equipment models, which now account for potential impacts from tariffs and ongoing trade tensions. Despite the lowered target, Barclays maintains an 'Overweight' rating on AMD shares, indicating a positive outlook in the long term.
The adjustment in the price target reflects caution over potential risks associated with China and consumer markets, prompting a reduction in target multiples. The move precedes AMD's upcoming Q1 earnings release, as analysts and investors brace for the ramifications of global trade dynamics on the semiconductor industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 40 analysts, the average target price for Advanced Micro Devices Inc (AMD, Financial) is $141.10 with a high estimate of $225.00 and a low estimate of $90.00. The average target implies an upside of 64.91% from the current price of $85.56. More detailed estimate data can be found on the Advanced Micro Devices Inc (AMD) Forecast page.
Based on the consensus recommendation from 50 brokerage firms, Advanced Micro Devices Inc's (AMD, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Advanced Micro Devices Inc (AMD, Financial) in one year is $162.68, suggesting a upside of 90.14% from the current price of $85.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Advanced Micro Devices Inc (AMD) Summary page.
