AMD stock: Susquehanna raises target to USD 620 for AMD stock

Published on 10/23/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMD's Q2 2026 revenue was USD 11.54 billion, up 50.10 percent. AMD stock is EUR 462.95 on October 23, 2026, up 1.38 percent versus the Xetra close.

Analyst target and reporting date

Susquehanna raised its AMD target to USD 620 from USD 550 on October 21, 2026.
AMD's second-quarter 2026 revenue reached USD 11.54 billion, up 50.10 percent year over year.
AMD stock costs EUR 462.95 at Lang & Schwarz on October 23, 2026 at 4:34 p.m. CEST, 1.38 percent above the Xetra close of October 22, 2026.
AMD is scheduled to report fiscal third-quarter 2026 results on November 3, 2026.

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Susquehanna raised its AMD price target to USD 620 from USD 550 on October 21, 2026, while keeping a Positive rating, according to Markets Insider. The move gives AMD stock a target 18.60 percent above its USD 522.77 Nasdaq price at 10:42 a.m. ET on October 23, 2026. At Lang & Schwarz, AMD stock was trading at EUR 462.95 on October 23, 2026 at 4:34 p.m. CEST, up 1.38 percent versus the Xetra close of October 22, 2026 at EUR 456.65.

Revenue reached USD 11.54 billion

AMD's second-quarter 2026 revenue rose 50.10 percent year over year to USD 11.54 billion, according to the Yahoo Finance transcript dated August 4, 2026. Data center revenue reached USD 6.70 billion, up 107.00 percent year over year, and represented 58.00 percent of total revenue. AMD also guided third-quarter 2026 revenue to USD 13.00 billion plus or minus USD 300.00 million.

AMD remains below its yearly high

On Nasdaq, AMD stood at USD 522.77 at 10:42 a.m. ET on October 23, 2026, with a market capitalization of USD 853.4 billion and a trailing P/E ratio of 133.93. Its 52-week range was USD 188.22 to USD 658.52, leaving the stock 20.61 percent below the high. The primary Nasdaq quote was up 2.92 percent from the prior session at that time.

November 3 brings the next report

AMD's next scheduled reporting date is November 3, 2026, when it is due to publish fiscal third-quarter 2026 results, according to the company's AMD investor-relations page. The valuation leaves the coming report as the next dated test for the revenue outlook and the company's ability to convert data-center demand into earnings.

Comparison with peers

At 10:42 a.m. ET on October 23, 2026, AMD (Nasdaq, USD): up 2.92 percent, P/E 133.93, market capitalization USD 853.4 billion.
Intel (Nasdaq, USD): up 2.61 percent, P/E minus 41.27, market capitalization USD 463.7 billion.
NVIDIA (Nasdaq, USD): up 0.63 percent, P/E 27.00, market capitalization USD 5.1 trillion.

The euro quote stays above the close

AMD's Lang & Schwarz quote of EUR 462.95 stood EUR 6.30 above the Xetra close of October 22, 2026, a 1.38 percent increase. The euro quotation and the Nasdaq price reflect different currencies and venues.

The further course of trading is shown by the continuously updated real-time quote of AMD stock.