AMD Stock Poised for a ‘Beat-and-Raise’ Quarter, Says Top Rosenblatt Analyst
Advanced Micro Devices is set to report its Q3 2025 earnings on November 4, with Wall Street anticipating earnings of $1.17 per share—a 27% year-over-year increase. Rosenblatt Securities analyst Kevin Cassidy maintains a Buy rating and a $250 price target, suggesting a 9% upside. Demand for PC and server chips, coupled with market-share gains, could drive a modest beat-and-raise quarter.
Investor focus is shifting to AMD’s Instinct GPUs, ROCm software stack, and Helios platform, all critical to its AI-driven data-center strategy. Despite a 3.28% drop on Wednesday, AMD shares remain up 90% year-to-date. Cassidy expects confident management commentary during the earnings call to reignite the stock’s upward trajectory.