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AMD Hits New All-Time Highs on Q4 Surge, Analysts Target $320

Advanced Micro Devices Inc stock struck new all-time highs on April 20, 2026, fueled by fiscal Q4 revenue up 34% to $10.27 billion and non-GAAP net income rising 42% to $2.5 billion, alongside booming AI data-center demand. The rally built from record highs breached on April 21 above $280, driven by 2025 Data Center revenue of $16.6 billion (+32% YoY), a 6GW Meta deal with 160M warrants, and projected 59% EPS growth for 2026 at ~40x forward multiples. Stifel and Bank of America raised price targets to $320 and $310, reinforcing bullish momentum despite rich valuations.

Category

AMD

Sentiment

Bullish

Event

Forecast

Reading time

1 min