Wall Street analysts are more bullish, with a 4.1 out of 5 buy rating.
The average price target of $122.62 per share reflects around 20% potential upside.
Where Will AMD Be By 2025
Looking ahead, I expect AMD to continue growing rapidly, led by growth in its data center business. Wall Street consensus estimates are less certain. Consensus estimates call for growth to decelerate rapidly, with revenues growing in the low double-digits following 2022.
That is expected to lead to some operating leverage.