AMD Stock Seen Swinging 8% on $9.88B Revenue, $1.27 EPS Forecast
Traders project AMD shares could swing up to 8% post-earnings, setting a potential high of $389 and low of $331 from last week’s record close above $360. Analysts forecast $9.88 billion in revenue and $1.27 adjusted EPS, each up about 33% year-over-year, with several firms upgrading ratings and price targets.
1. Options Pricing Signals Potential Volatility
Based on recent options trading, AMD shares are estimated to move up to 8% in either direction by week’s end. That implies a high near $389 and a low around $331 from last Friday’s record close just above $360.
2. Record Share Rally This Year
AMD stock has climbed nearly 70% since January, hitting multiple all-time highs as demand for AI hardware accelerates. The rally outpaces the mean Wall Street price target of $295, underscoring heightened investor enthusiasm.
3. Analyst Forecasts and Upgrades
Visible Alpha estimates project $9.88 billion in Q1 revenue and $1.27 in adjusted EPS, both up roughly 33% year-over-year. Following rival Intel’s strong report, D.A. Davidson raised AMD to Buy with a $375 target, while six of nine tracked analysts rate AMD as a buy.