Wall Street sets AMD stock price for the next 12 months
KeyBanc’s Jon Vinh raised his 12-month forecast for Advanced Micro Devices (NASDAQ: AMD) stock on January 13 to $270, meaning he now expects a 26.84% rally from the equity’s press time price of $212.86: a welcome turn should it come, considering the chipmaker’s stock declined 0.61% since New Year’s Day.
Simultaneously, the Wall Street expert revised his previous ‘sector weight’ – ‘Hold’ – to ‘overweight’ – ‘Buy’ – rating, while citing a series of internal and external bullish factors.
Our supply chain checks indicate the recent surge in hyperscaler demand has led AMD to almost being completely sold out of server CPU in 2026 and potentially…
