Analyst raises AMD stock price target

Aletheia Capital raised its Advanced Micro Devices (NASDAQ: AMD ) stock price target from $700 to $800 on October 28, maintaining a “Buy” rating on the tech company. Analyst Warren Lau, whose revised target represents an increase of 14.29% from the previous one, cited stronger demand for server CPUs and artificial intelligence ( AI ) computing. The revision follows updated earnings estimates and is supported by strengthening supply chains and AMD’s competitive product portfolio. Based on AMD’s share price of $560.26 at press time, the new target implies 42.79% upside potential. Another AMD stock boost could come as early as Q4 2026 Aletheia expects the positive impact to begin materializing as early as the fourth quarter of 2026, with rapid growth in data center revenue serving as a key driver.

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