Analysts Lift AMD Price Targets After Stock Jumps Over 130% YTD
AMD•AMD stock has surged more than 130% year-to-date, prompting Barclays, UBS, Mizuho and Bernstein to raise their price targets on the chipmaker in June. Institutional flow data shows a Chaikin Money Flow of +0.169 for AMD, placing it among the strongest accumulation names in the semiconductor sector.
1. Analyst Price Target Increases
In June, Barclays, UBS, Mizuho and Bernstein each raised their price targets on Advanced Micro Devices following a more than 130% year-to-date gain. Analysts cited AMD’s narrowing competitive gap in GPUs and stronger-than-expected adoption of its latest server and client CPUs as key drivers for the upward revisions.
2. Institutional Money Flow Trends
Chaikin Money Flow for AMD stands at +0.169, indicating significant institutional accumulation compared with peers like Broadcom, which shows a negative reading. This inflow suggests large investors are positioning for continued revenue growth as AMD expands market share in high-performance computing markets.
