By Vandita Jadeja
Publication Date: 2026-10-01 16:00:00
AMD’s Data Center revenue just doubled and hyperscalers are signing gigawatt-scale deals, yet our model flags a specific risk hiding in plain sight that could send the stock sharply lower before those wins fully materialize.
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AMD (NASDAQ:AMD | AMD Price Prediction) has become the second AI chip supplier hyperscalers want, with Data Center revenue up 107% last quarter. Our own model sets the 24/7 Wall St. price target at $591.95 for the next 12 months. The stock trades at $613.32 today.
| Metric | Value |
|---|---|
| Current Price | $613.32 |
| Price Target from 24/7 Wall St. | $591.95 |
| Upside/Downside | -3.48% |
| Recommendation | HOLD |
| Confidence Level | 90% |
The gap between price and target is small, and the model is highly confident. AMD is close to fair value after rising 186.13% year to date. Q3 guidance of about $13B in revenue, roughly 41% growth, keeps the growth story on track.
Why We Could Be Wrong
Our target is below today’s price. The stock could beat our number if Helios keeps running ahead of plan. Management says Helios demand is “tracking ahead of our initial forecasts”. Earnings could also blow past the $20 long-term EPS target.
A 284% Run Fueled by a Data Center Doubling
AMD is up 284.28% over the past year and 31.61% over the past month. It trades about 3% below its $639 52-week…
