Stifel Hikes AMD Target to $320, Shares at $305 Signal Limited Upside

Stifel analyst Ruben Roy raised Advanced Micro Devices' price target to $320 from $280, reiterating Buy on multi-gigawatt AI deals with Meta and OpenAI, but it implies just 4.8% upside from $305 levels. This caps a week of upgrades starting April 21 with the initial PT reset, fueled by Q4 2025's $10.3B revenue (+34% YoY), $5.4B data-center sales (+39% YoY), FY2025 $34.6B total, and Q1 2026 guidance near $9.8B. YTD gains exceed 31% amid AI hype, though consensus at $287 lags current prices ahead of April 28 earnings.