Citi raises target for AMD stock to USD 800.00
Published on 10/07/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AMD (ISIN US0079031078) was trading at EUR 572.45 at Lang & Schwarz on October 7, 2026 at 3:41 p.m. CEST, down 1.10 percent versus the prior close of EUR 578.80. As Yahoo Finance reported on October 6, 2026, Citi analyst Atif Malik raised the price target for AMD from USD 575.00 to USD 800.00.
Citi lifts the AI growth case
Citi's target increase followed a broader forecast that the CPU market could reach USD 300.00 billion by 2030, compared with USD 29.00 billion in 2025, according to Yahoo Finance on October 6, 2026. The thesis links demand for AI agents with higher demand for server CPUs and other compute products, while the target itself remains a forecast rather than a realized company result.
The same report said AMD expects second-half 2026 server CPU revenue to grow 80.00 percent year over year and data center revenue to more than double in 2027. That makes execution on supply, product launches and customer deployments the key test for the valuation case.
Revenue provides a hard reference
AMD reported USD 11.54 billion of revenue in the second quarter of 2026, up 50.10 percent year over year, while adjusted earnings per share reached USD 1.66 versus USD 1.62 consensus. The figures were reported in the company's second-quarter results published on August 4, 2026, via its AMD investor-relations page.
Yahoo Finance lists November 3, 2026 as AMD's next earnings date, giving the market a defined checkpoint for the current AI and server growth expectations. The contrast is clear: the latest reported quarter delivered USD 11.54 billion in revenue, while the new analyst target depends on much larger future markets.
AMD stock trades lower in Europe
AMD stock was trading at EUR 572.45 at Lang & Schwarz on October 7, 2026 at 3:41 p.m. CEST, down 1.10 percent versus the prior close of EUR 578.80. The Nasdaq 52-week range was USD 188.22 to USD 658.52 on October 7, 2026, while market capitalization stood at USD 1.0 trillion.
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 7, 2026, 3:41 p.m. CEST): EUR 572.45
- Change versus prior close: minus 1.10 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 578.80
- Market capitalization: USD 1.0 trillion (as of October 7, 2026)
- 52-week range: USD 188.22-658.52 (as of October 7, 2026)
- Sector / Industry: Technology / Semiconductors
- Next earnings date: November 3, 2026
