AMD Stock Could Swing 8% After Q1 Earnings on AI Demand
Traders expect AMD shares to swing up to 8% in either direction by week’s end, reflecting options pricing that implies a $331–$389 post-earnings range from last week’s close above $360. Analysts estimate Q1 revenue of $9.88 billion and adjusted EPS of $1.27, each up about 33% year-over-year.
1. Expected Post-Earnings Volatility
Based on recent options pricing, AMD shares are forecast to move between $331 and $389 by week’s end, representing an 8% swing from last week’s close above $360. This range underscores heightened trader anticipation around the firm’s upcoming results.
2. Analyst Projections
Analysts estimate Q1 revenue at $9.88 billion and adjusted EPS at $1.27, each up about 33% year-over-year on surging AI chip demand. Several brokerage firms have raised price targets into the mid-$300s following strong sector momentum.
3. Stock Rally and Upgrades
AMD shares have gained nearly 70% since the start of the year, driven by escalating AI hardware demand and record-high closes in recent weeks. Following rival outperformance, multiple analysts upgraded the rating to buy and lifted targets from near $220 to $375.