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AMD Stock Receives Street-High Price Target Despite Post-Earnings Dip

AMD Stock Receives Street-High Price Target Despite Post-Earnings Dip

Author:

Global Cryptocurrency

Published:

2025-11-05 19:35:02

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BTCCSquare news:

Advanced Micro Devices (AMD) shares fell 5% in after-hours trading despite reporting record Q3 earnings, with revenue hitting $9.25 billion—a 35.6% year-over-year increase. Benchmark analyst Cody Acree remains bullish, raising his price target to $325, citing strong demand for EPYC CPUs and AI accelerators.

The market's muted reaction contrasts with AMD's fundamental strength. The company is gaining traction in AI data centers, offering alternatives to Nvidia's architecture. High-performance computing demand continues to drive growth, though investors appear focused on short-term volatility rather than long-term positioning.

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