AMD is scheduled to publish performance for the second quarter of fiscal year 2026 on 4 August. According to external sources, as AI-related business continues to receive attention, Wall Street may continue to adjust its expectations for this chip company before the financial release, but the market is assessing the geo-situation and the disturbances caused by macro variables.
Multiple agencies have raised the target price.
According to the article, several Wall Street agencies have recently raised the AMD target price. Goldman Sachs raised the target price from $450 to $640, Bernstein gave $600 and the Bank of Rich Countries from $505 to $615. Cantor Fitzgerald has a higher target price of $700.
However, data cited by the media also show that the average target price of Wall Street to AMD is $515.69, which is lower than its current share price. This means that while some institutions are more active, overall market expectations are not consistent.
- Goldman Sachs target price: $640
- Bank of Rich Countries target price: $615
- Cantor Fitzgerald Target price: $700
AI is expected to be the main support.
According to the article, AMD is one of the beneficiaries of the current round of AI, which is the main reason for analysts to keep up with expectations. It is no surprise that AMD will get a new round of targeted price adjustments before the financial statements, if the market continues its previous practice with chips such as American Light.
However, this judgement is more based on market sentiment and comparable corporate performance than on the latest disclosure of AMD business data. The original text also does not give new instructions for orders, deliveries or revenues.
The situation in the Middle East and expected interest rates are under pressure
The article also mentions that the tightening of relations between the United States and Iran could affect market risk preferences. It is stated that investors are more inclined to avoid risk after the situation in the Middle East has escalated, which could stifle growth stock performance.
In addition, if oil prices go up as a result of the conflict, inflationary pressures in the United States may rise further and affect the interest rate path of the Federal Reserve during the year. According to the article, these macro-factors, if they continue to ferment, could weaken the optimism of AMD.
Additional information:This disclosure was the timing of the release of the financial statements, and the original statement on whether the target price had continued to rise and whether geo-situations had affected the stock price was mainly due to foreign media judgements and market speculation.