Advanced Micro Devices (AMD) Up More Than 100% Over the Past 6 Months, Here’s What You Need to Know
Key takeaways
- Advanced Micro Devices (AMD) Up More Than 100% Over the Past 6 Months, Here’s What You Need to Know Talha Qureshi Thu, June 11, 2026 at 12:14 AM GMT+7 2 min read AMD Advanced Micro Devices, Inc.
- Wall Street has been bullish on the stock since the earnings release.
- During the fiscal Q1 2026, the company reported revenue of $10.25 billion, ahead of the expected $9.92 billion.
Advanced Micro Devices (AMD) Up More Than 100% Over the Past 6 Months, Here’s What You Need to Know Talha Qureshi Thu, June 11, 2026 at 12:14 AM GMT+7 2 min read AMD Advanced Micro Devices, Inc. (NASDAQ:AMD) has gained roughly 100% over the past 6 months. Analysts expect the company to grow its EPS by more than 60% over the next 5 years, making it one of the Top 10 Unstoppable Growth Stocks to Invest In.
Wall Street has been bullish on the stock since the earnings release. Recently, on June 5, DBS reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) and raised the price target from $260 to $500. On the same day, TD Cowen also reiterated a Buy rating on the stock and maintained the price target of $600.
During the fiscal Q1 2026, the company reported revenue of $10.25 billion, ahead of the expected $9.92 billion. The EPS of $1.37 also topped expectations of $1.29. The revenue grew 38% year-over-year, driven by the Data Center segment, which improved 57% to reach $5.8 billion. Management noted growth to be driven by strong demand for EPYC processors and the continued ramp of Instinct GPU shipments.