AMD shares jump 13% to $508.58 as analysts raise targets and company projects 80% revenue growth by 2027
AMD stock rose 13% to $508.58, its strongest session in six months, after analysts at Oppenheimer and Freedom Broker upgraded the shares and lifted price targets to $600 and $620. The company said it now expects revenue to grow more than 80% in 2027, driven by data‑center AI CPUs. Investor Michael Burry warned he would not trade AMD on the basis of Nvidia headlines, citing valuation concerns.
Why it matters
The upgraded targets suggest upside of roughly 18‑22% from the current price, according to the analysts. AMD’s 80%+ revenue guidance for 2027 signals strong growth potential for investors, but Burry’s caution highlights valuation risk.
Key facts
- 1AMD stock jumped 13% to $508.58 on Monday. stocktwits.com
- 2Oppenheimer upgraded AMD to ‘Outperform’ and set a price target of $600. stocktwits.com
- 3Freedom Broker kept a ‘Buy’ rating and raised its target to $620. stocktwits.com
- 4AMD now expects revenue to grow more than 80% in 2027. stocktwits.com
- 5Michael Burry said he would not trade AMD based on Nvidia headlines. stocktwits.com
- 6AMD’s stock had its biggest one‑day gain in six months, a 13% rise. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.