By Faheem Tahir
Publication Date: 2026-01-18 11:16:00
Advanced Micro Devices, Inc. (NASDAQ:AMD) is included in our list of the best stocks to buy right now.
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As of January 12, 2026, 75% of analysts are bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD). The consensus price target of $281.50 implies a 38.60% upside. Recent analyst commentaries reinforce the positive trend, with Jefferies reiterating a ‘Buy’ on January 4, 2026, and Truist Financial maintaining a ‘Buy’ rating on December 19, 2025, with a $277 target.
Positive analyst sentiment reflects the company’s ongoing AI hardware push, which was unveiled at CES on January 5, 2026. The MI455 AI processors for data center server racks were presented, which are sold to key customers like OpenAI. Additionally, the MI440X, optimized for enterprise on-premise deployments, was also presented. The MI500, previewed for 2027, is expected to deliver 1,000x performance gains over the previous generation. This positions Advanced Micro Devices, Inc. (NASDAQ:AMD) for substantial growth in AI compute infrastructure. Furthermore, the company emphasized its partnership with Generative Bionics on the GENE.01 humanoid robot, scheduled for commercial production in H2 2026. This reflects the company’s growing capabilities in physical AI applications.
Despite its strengths,…
