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AMD Stock Surges 9% Ahead of Earnings as UBS Raises Price Target

AMD Stock Surges 9% Ahead of Earnings as UBS Raises Price Target

Author:

Global Cryptocurrency

Published:

2025-10-28 20:33:01

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BTCCSquare news:

Advanced Micro Devices (AMD) shares continue their upward trajectory, gaining 9% in the past week as UBS analysts boost their price target ahead of the chipmaker's Q3 earnings report. UBS analyst Timothy Arcuri maintains a Buy rating with a $265 target, citing strong server and client CPU performance as key revenue drivers.

Market expectations are running high for AMD's November 4 earnings release, with the stock already up 86% year-to-date. Arcuri projects $1.7 billion in data center GPU revenue and sees potential for margin expansion, while his Q4 revenue forecast of $9.3 billion exceeds consensus estimates by $200 million.

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