Overview
- AMD reports first‑quarter results Tuesday, with Wall Street expecting about $1.29 in EPS on roughly $9.89 billion in revenue against company guidance of $9.8 billion plus or minus $300 million.
- Susquehanna raised its price target to $375, citing server CPU share gains and early momentum for MI350 AI accelerators, and the analyst reported 6‑gigawatt hardware agreements with OpenAI and Meta with first deliveries projected in the second half of 2026.
- Northland cut AMD to Market Perform with a $260 target, arguing the share price ran too far and highlighting stretched valuation and overbought technicals as well as rising competitive pressure from Nvidia and Intel.
- Shares recently closed near $323 after touching above $350 last week, leaving the stock up about 51% this year and trading around 123 times trailing earnings and about 50 times forward estimates.
- Investors are leaning bullish into the print, with prediction markets assigning high odds of a beat, which raises downside risk if guidance or execution falls short.