AMD Shares Could Swing 8% Post-Earnings, Traders Eye $331-$389 Range
AMD•Traders expect AMD shares to swing up to 8% this week following Tuesday’s earnings report, implying a range from $331 to $389 from Friday’s record close above $360. Analysts forecast Q1 revenue of $9.88 billion and adjusted EPS of $1.27, each up about 33% year-over-year as AI demand surges.
1. Projected Post-Earnings Swing
AMD options indicate up to an 8% stock move by week’s end, equating to a range from roughly $331 on the downside to $389 on the upside from a record close above $360.
2. Q1 Revenue and EPS Estimates
Wall Street analysts predict first-quarter revenue of $9.88 billion and adjusted earnings of $1.27 per share, each representing about 33% year-over-year growth driven by strong AI hardware demand.
3. Recent Stock Rally and AI Momentum
AMD shares have gained nearly 70% year-to-date, setting multiple all-time highs in recent weeks as investors pile into AI chipmakers benefiting from surging generative AI workloads.
