Susquehanna raises target for AMD stock from USD 550 to USD 620

Published on 10/23/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMD reports on November 3, 2026 with USD 1.68 consensus EPS. AMD stock costs EUR 458.83 on October 23, 2026 versus EUR 456.65 Xetra close.

Analyst target and quarterly growth

Susquehanna lifted its AMD target to USD 620.00 from USD 550.00 on October 22, 2026.
Second-quarter revenue reached USD 11.54 billion, up 50.10 percent year over year.
AMD stock trades at EUR 458.83 at 11:33 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.48 percent above the Xetra close of October 22, 2026.

Architektonisches Foto eines modernen Rechenzentrums mit symmetrischem Server-Korridor, blauen LED-Lichtern in Serverracks und spiegelndem Boden – kein Markenname — AMD Rechenzentrum ISIN US0079031078 symmetrischer Server Korridor mit blauen LED Lichtern architektonisch, Illustration mit AI erstellt.

Advanced Micro Devices (US0079031078) was trading at EUR 458.83 at Lang & Schwarz at 11:33 a.m. CEST on October 23, 2026, up 0.48 percent versus the Xetra close of October 22, 2026 at EUR 456.65. The latest catalyst is a Susquehanna target increase to USD 620.00 from USD 550.00, reported on October 22, 2026 by TokenPost.

Why the USD 620 target matters

The revised target is 12.73 percent above Susquehanna's previous USD 550.00 level. The note arrived before AMD's fiscal third-quarter report and placed the new estimate below Citi's USD 800.00 target and TD Cowen's USD 675.00 target, according to TokenPost.

AMD's second-quarter 2026 revenue reached USD 11.54 billion, up 50.10 percent from the year-earlier quarter and 2.03 percent above the USD 11.31 billion consensus cited by MarketBeat. The comparison matters because the next target revision will depend on whether data-center demand continues to support that growth rate.

Three AMD milestones since February

On February 24, 2026, AMD and Meta expanded a partnership covering up to 6 gigawatts of AMD GPUs, according to the company's investor-relations page at AMD. On August 4, 2026, AMD reported second-quarter revenue of USD 11.54 billion, as MarketBeat reported. On October 22, 2026, Susquehanna raised its target to USD 620.00 from USD 550.00, according to TokenPost.

When does AMD report next

AMD is scheduled to report fiscal third-quarter 2026 results after the market close on November 3, 2026. Nasdaq lists USD 1.68 as the consensus earnings-per-share forecast for the quarter ending September 2026, giving investors a defined benchmark for the next update.

Stock stays below its yearly high

AMD's Lang & Schwarz price is EUR 125.57, or 21.49 percent, below the EUR 584.40 52-week high and above the EUR 162.14 low, with the range dated October 23, 2026. The valuation question is therefore tied to execution: the stock is below its recent high, while the latest analyst target revisions assume continued AI and data-center demand.

AMD was trading at EUR 458.83 at Lang & Schwarz on October 23, 2026 at 11:33 a.m. CEST, 0.48 percent above the Xetra close of October 22, 2026 at EUR 456.65. The further course of trading is shown by the continuously updated real-time quote of AMD stock.