Prediction: This Will Be AMD’s Stock Price After 1 Year
Key PointsAMD delivered terrific growth in Q3, and the good part is that it is poised to step on the gas in Q4 and next year.
After a recent decline in its stock price, AMD is expected to rebound and rise significantly over the next year. The company's strong third-quarter performance, driven by a 45% year-over-year increase in revenue to $13.4 billion, with data center revenue accounting for 97% of that growth, indicates resilience in the artificial intelligence (AI) infrastructure market.
Analysts' median price target of $650 for AMD stock represents a 28% potential upside, with 49 analysts rating the stock as a buy. AMD's revenue growth forecast for Q4 2026 of 66% to $17 billion, followed by a 52% year-over-year increase to at least $52.7 billion in 2026, suggests continued momentum. With an 80% projected revenue increase in 2028, AMD's earnings per share (EPS) are expected to more than double, reaching $17.64, assuming the stock trades at 40 times forward earnings.
This would result in a 39% jump from its current price, outperforming the 17% earnings growth forecast for the S&P 500 index. Investors may find AMD worth considering after its recent price drop, as it appears poised for significant growth in the coming year.
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