Stifel analyst Ruben Roy raises AMD price target to $320 on AI infrastructure commitments
Updated
Updated · TradingView · Apr 24
Stifel analyst Ruben Roy raises AMD price target to $320 on AI infrastructure commitments
14 articles · Updated · TradingView · Apr 24
Roy increased AMD's target from $280 to $320, citing multi-gigawatt AI infrastructure deals with Meta and OpenAI and maintained a Buy rating. AMD last traded at $305.33, implying 4.8% upside.
The upgrade reflects AMD's shift toward data-centre hardware, with its Helios rack platform expected in late 2026. Stifel's bullish stance contrasts with Wall Street's Moderate Buy consensus and average target of $287.33.
AMD stock has surged 31.16% year to date and 218.75% over 12 months, already pricing in significant AI optimism. Investors now face execution risk as AMD seeks sustained growth in AI infrastructure markets.
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