Susquehanna raises AMD target to USD 620. AMD stock gains 1.14 percent
Published on 10/27/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and earnings dates
- Susquehanna raised its AMD target to USD 620 from USD 550 on October 22, 2026.
- AMD revenue reached USD 11.54 billion in the second quarter, up 50.10 percent year over year.
- AMD stock trades at EUR 478.93 at 10:43 a.m. CEST at Lang & Schwarz on October 27, 2026, 1.14 percent above the Xetra close of October 26, 2026.
AMD (ISIN US0079031078) stock trades at EUR 478.93 at Lang & Schwarz on October 27, 2026, up 1.14 percent from the Xetra close of October 26, 2026 at EUR 473.55. Susquehanna analyst Christopher Rolland raised his AMD price target to USD 620 from USD 550 on October 22, 2026, according to TokenPost.
Targets point to a split view
The USD 620 target sits below Citi's USD 800 target, which rose from USD 575 on October 6, 2026. Investopedia reported that Citi linked its view to demand from AI agents and projected a CPU market of USD 300 billion by 2030, versus USD 25 billion in the prior year. The gap between the targets makes the November report an important test of the growth assumptions behind the bullish case.
What does the latest quarter show?
AMD reported USD 11.54 billion of revenue for the second quarter ended June 27, 2026, up 50.10 percent from the prior year, with diluted earnings per share of USD 1.38. Finance data show net income attributable to common shareholders of USD 2.30 billion and a gross profit margin of 54.00 percent for that quarter. The data-center business generated USD 6.72 billion, up 16.30 percent from USD 5.78 billion in the first quarter, according to EL7.AI.
Three dated AMD milestones
On August 4, 2026, AMD reported USD 11.54 billion of second-quarter revenue. On October 6, 2026, Citi lifted its target from USD 575 to USD 800. On October 22, 2026, Susquehanna raised its target from USD 550 to USD 620, the latest of the three events.
What comes next for AMD?
AMD will report fiscal third-quarter 2026 results on November 3, 2026, after the market close, with a conference call at 5:00 p.m. ET, according to Advanced Micro Devices. The company has guided to third-quarter revenue of USD 13.00 billion plus or minus USD 300.00 million and an adjusted gross margin of 56.00 percent, according to EL7.AI.
Price stays below the yearly high
AMD's EUR 478.93 reference price is EUR 105.47 below its EUR 584.40 52-week high and EUR 316.79 above its EUR 162.14 52-week low, both as of October 27, 2026. The primary listing is Nasdaq, where AMD is quoted in USD.
AMD was trading at EUR 478.93 at Lang & Schwarz on October 27, 2026 at 10:43 a.m. CEST, 1.14 percent above the Xetra close of October 26, 2026 at EUR 473.55. The further course of trading is shown by the continuously updated real-time quote of AMD stock.
AMD stock facts
- Company: Advanced Micro Devices, Inc.
- ISIN: US0079031078
- Ticker: AMD
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 27, 2026, 10:43 a.m. CEST: EUR 478.93
- Change versus Xetra close: plus 1.14 percent
- Xetra close October 26, 2026: EUR 473.55
- Market capitalization: USD 781.9 billion (as of October 27, 2026)
- 52-week range: EUR 162.14-EUR 584.40 (as of October 27, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report S&P 500.
