AMD stock: Stifel raises target to USD 700.00 from USD 635.00

Published on 10/21/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 data center revenue was USD 6.72 billion, up 107.00 percent. AMD stock sits at EUR 487.68 on October 21, 2026, up 1.55 percent versus Xetra close.

Stifel target reaches USD 700.00

Stifel raised its AMD price target from USD 635.00 to USD 700.00 on October 6, 2026.
Data center revenue reached USD 6.72 billion in the second quarter of 2026, up 107.00 percent year over year.
AMD stock costs EUR 487.68 at Lang & Schwarz on October 21, 2026 at 5:14 p.m. CEST, 1.55 percent above the Xetra close of October 20, 2026.
AMD will report fiscal third-quarter 2026 results on November 3, 2026, after the market close.

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Advanced Micro Devices (ISIN US0079031078) saw Stifel raise its price target from USD 635.00 to USD 700.00 on October 6, 2026, while keeping a Buy rating, according to Yahoo Finance. The target is 28.24 percent above AMD's USD 545.87 Nasdaq price at 11:25 a.m. ET on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 487.68 on October 21, 2026 at 5:14 p.m. CEST, up 1.55 percent versus the Xetra close of October 20, 2026 at EUR 480.25.

Data center revenue sets the test

AMD's second-quarter 2026 revenue reached USD 11.54 billion, up 50.10 percent from the same quarter a year earlier. Data center revenue rose 107.00 percent to USD 6.72 billion, making the segment the clearest operating measure for the next report. These figures were reported by MarketBeat with the August 4, 2026 results.

AMD remains below its yearly high

AMD's primary Nasdaq quote stood at USD 545.87 on October 21, 2026 at 11:25 a.m. ET. The 52-week range was USD 188.22 to USD 658.52, placing the quote 17.10 percent below the high. The market capitalization was USD 891.1 billion, and the trailing price-to-earnings ratio was 140.16.

November 3 brings the next test

AMD will report fiscal third-quarter 2026 results on November 3, 2026, after the market close, with management scheduled to discuss the figures at 5:00 p.m. ET, according to AMD. The company guided for third-quarter revenue of USD 12.70 billion to USD 13.30 billion after the second quarter. Stifel's October 6 note also highlighted the 2027 data center outlook, MI450 revenue timing and fourth-quarter guidance as key issues for its USD 700.00 target.

Targets meet a demanding valuation

Stifel's target sits above the current Nasdaq quote, but AMD's valuation leaves little room for a weaker data center ramp. The next report therefore links the USD 700.00 target to a concrete operating checkpoint rather than to the headline price move alone.

Trading levels and next date

AMD was trading at EUR 487.68 at Lang & Schwarz on October 21, 2026 at 5:14 p.m. CEST, up 1.55 percent versus the Xetra close of October 20, 2026 at EUR 480.25. The next scheduled company date is November 3, 2026, when fiscal third-quarter results are due.

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