Citi raises target for AMD stock from USD 575 to USD 800

Published on 10/09/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 11.54 billion, up 50.10 percent year over year. AMD stock was EUR 549.70 on October 9, 2026 versus EUR 554.50.

Key points in brief

Citi raised its AMD price target from USD 575.00 to USD 800.00 on October 6, 2026.
AMD reported USD 11.54 billion revenue in the second quarter of 2026, up 50.10 percent year over year.
AMD stock was trading at EUR 549.70 at Lang & Schwarz on October 9, 2026, down 0.87 percent versus EUR 554.50.
Fiscal third-quarter results are scheduled for November 3, 2026.

Schwarz-Weiß-Reportagefoto eines Technikers im Reinraum, der einen Silizium-Wafer mit hunderten Chip-Dies hält – dokumentarischer Stil, kein Markenname — AMD Halbleiter ISIN US0079031078 Silizium Wafer im Reinraum als schwarzweisse Fotoreportage gezeigt, Illustration mit AI erstellt.

AMD stock (ISIN US0079031078) was the subject of a sharp Citi target increase, from USD 575.00 to USD 800.00 on October 6, 2026. According to Investopedia, the analysts linked the higher target to rising demand for computing power from artificial intelligence agents. The reference price was EUR 549.70 at Lang & Schwarz on October 9, 2026 at 4:06 p.m. CEST, down 0.87 percent versus EUR 554.50.

AMD events build the AI case

On July 22, 2026, AMD and Anthropic announced a strategic partnership covering up to 2 gigawatts of AMD Instinct MI450 GPUs, according to AMD. On August 4, 2026, AMD reported second-quarter revenue of USD 11.54 billion, a 50.10 percent year-over-year increase, as reported by 247 Wall St. On October 6, 2026, Citi raised its AMD target from USD 575.00 to USD 800.00, according to Investopedia.

What does the target change mean?

The target revision puts valuation against a business already showing measurable operating scale. AMD's second-quarter 2026 earnings per share came in at USD 1.66 versus a USD 1.61 estimate, while revenue reached USD 11.54 billion, according to Yahoo Finance. Citi also pointed to a potential CPU market of USD 300.00 billion by 2030, compared with USD 25.00 billion in the prior year, according to Investopedia. That comparison explains why the target move is tied to demand expansion rather than only to the latest quarterly result.

Results date sets the next test

AMD will report fiscal third-quarter 2026 results on November 3, 2026, after the market close, according to AMD Newsroom. The company also lists the UBS Global Technology and AI Conference for December 1, 2026, according to AMD. Those dates give investors a defined timetable for testing whether demand and supply plans support the higher valuation case.

AMD stock stays below its recent high

AMD was trading at EUR 549.70 at Lang & Schwarz on October 9, 2026 at 4:06 p.m. CEST, down 0.87 percent versus the Lang & Schwarz prior close of EUR 554.50 on October 8, 2026. On NASDAQ, the finance quote showed USD 613.44 at 10:13 a.m. EDT on October 9, 2026, while the 52-week range was USD 188.22 to USD 658.52 and market capitalization was USD 1.0 trillion.

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