Susquehanna lifts AMD price target to $620, raising the execution bar
Susquehanna analyst Christopher Rolland raised the AMD target to $620 from $550, about 12.7% higher. Shares traded near $515 at the time.
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what happened
According to gurufocus.com, Christopher Rolland of Susquehanna raised his AMD price target to $620 from $550, a 12.7% increase. At 10:20 a.m. ET, shares traded at $515.185, up about 1.42%. The publisher cites AD HOC News as the source of the analyst information.
In the second quarter, AMD reported revenue of $11.536 billion, including $6.7 billion from Data Center. That segment grew 107% year over year and made up roughly 58% of total sales. According to the report, AI infrastructure is the main force behind the revenue mix.
Profitability still raises questions: AMD posted a 17% GAAP operating margin against a 27% adjusted margin. Shares trade 75.09% above the $294.24 GF Value estimate, which points to a sizable premium under that model.
why it matters
For the market, this is a sign of optimism from one analyst rather than a new fact about the business. The key question is whether faster Data Center sales turn into higher margins and cash flow. The story concerns a single company, so it is unlikely to move the broader market.
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- AMD Stocks Gain as $620 Target Raises the Execution Bar — gurufocus.com, 23 October 2026 at 19:20 UTC
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