AMD stock up 130% in 2026, analysts mixed on future upside

Created at 31 May · 11:39 PM2 sources↑ Market-relevant2 events

IN SHORT

AMD stock has surged 130.9% year to date in 2026, trading at $516.10. Despite strong Q1 earnings beating estimates, a DCF model suggests the stock is overvalued by 46%. While institutions continue to buy, insiders have been net sellers, and analyst price targets are mixed.

Key Numbers

130.9%Year-to-date stock performance in 2026

$516.10Current stock price

43.1%Past month stock performance

366.1%One-year stock performance

$10.25 billionQ1 2025 revenue

37.8%Year-over-year Q1 revenue growth

$9.90 billionWall Street Q1 revenue estimates

$1.37Q1 earnings per share

$0.96Q1 2025 earnings per share (previous year)

$353.57DCF model intrinsic value per share

46%Stock trading above DCF intrinsic value

22.47xAMD's price-to-sales ratio

8.84xSemiconductor industry average P/S ratio

16.62xPeer average P/S ratio

31.01xSimply Wall St 'Fair Ratio' P/S

71.34%Institutional ownership

$114 millionInsider stock sales last quarter

$410Analyst average price target

Who's Involved

Advanced Micro Devices Inc (AMD)

Semiconductor company whose stock has surged significantly

Gifford Fong Associates

Institutional investor that increased its AMD position

Brighton Jones LLC

Institutional investor that significantly raised its AMD stake

Forrest Eugene Norrod

EVP of AMD, sold shares in May

Paul Darren Grasby

EVP of AMD, sold shares in May

ARK Invest

Investment firm that trimmed its AMD position

TD Cowen

Analyst firm that raised AMD's price target to $500

Truist

Analyst firm that set AMD's price target at $478

↳ Why This Matters

AMD has experienced a remarkable surge in its stock price in 2026, more than doubling year-to-date. This rally has prompted scrutiny regarding its valuation, despite strong quarterly earnings. The company's performance is closely watched in the competitive semiconductor market, particularly its server CPU roadmap and its ability to maintain growth against rivals.

Key facts

AMD stock has risen 130.9% year to date in 2026.
Q1 2025 revenue was $10.25 billion, up 37.8% year over year.
Q1 earnings per share were $1.37, beating estimates.
A DCF model values AMD at $353.57 per share, 46% below current trading price.
Insiders sold over $114 million in stock last quarter.
Analyst consensus is 'Moderate Buy' with a price target of $410.

Frequently asked questions

AMD stock has surged 130.9% year to date in 2026, and is up 43.1% over the past month, trading at $516.10.

AMD reported Q1 2025 revenue of $10.25 billion, up 37.8% year over year, and earnings per share of $1.37, beating analyst estimates.

A Discounted Cash Flow model estimates AMD's intrinsic value at $353.57 per share, suggesting the stock is trading approximately 46% above this estimate.

The analyst consensus is 'Moderate Buy' with an average price target of $410, which is below the current trading price.

What Happens Next

01Monitor future quarterly earnings reports and revenue guidance.

02Observe insider trading activity for further selling or buying trends.

03Track analyst price target revisions and rating changes.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

1 Jun · 9:07 AM

AMD stock has surged 130.9% year to date, but a DCF model suggests it's overvalued.

CoinCentral via PiQSuite

31 May · 11:16 PM

AMD has started production of its Venice EPYC processors, a key step in its server CPU roadmap.

Yahoo News | Finance Top Stories via PiQSuite

Sources

Advanced Micro Devices Inc (AMD) Starts Venice EPYC Processor Production Rampm.piqsuite.com

AMD Stock Up 130% in 2026 — Is the Rally Running Out of Steam?m.piqsuite.com

AMD stock up 130% in 2026, analysts mixed on future upside

Created at 31 May · 11:39 PM2 sources↑ Market-relevant2 events

IN SHORT

Key Numbers

130.9%Year-to-date stock performance in 2026

$516.10Current stock price

43.1%Past month stock performance

366.1%One-year stock performance

$10.25 billionQ1 2025 revenue

37.8%Year-over-year Q1 revenue growth

$9.90 billionWall Street Q1 revenue estimates

$1.37Q1 earnings per share

$0.96Q1 2025 earnings per share (previous year)

$353.57DCF model intrinsic value per share

46%Stock trading above DCF intrinsic value

22.47xAMD's price-to-sales ratio

8.84xSemiconductor industry average P/S ratio

16.62xPeer average P/S ratio

31.01xSimply Wall St 'Fair Ratio' P/S

71.34%Institutional ownership

$114 millionInsider stock sales last quarter

$410Analyst average price target

Who's Involved

Advanced Micro Devices Inc (AMD)

Semiconductor company whose stock has surged significantly

Gifford Fong Associates

Institutional investor that increased its AMD position

Brighton Jones LLC

Institutional investor that significantly raised its AMD stake

Forrest Eugene Norrod

EVP of AMD, sold shares in May

Paul Darren Grasby

EVP of AMD, sold shares in May

ARK Invest

Investment firm that trimmed its AMD position

TD Cowen

Analyst firm that raised AMD's price target to $500

Truist

Analyst firm that set AMD's price target at $478

↳ Why This Matters

Key facts

AMD stock has risen 130.9% year to date in 2026.
Q1 2025 revenue was $10.25 billion, up 37.8% year over year.
Q1 earnings per share were $1.37, beating estimates.
A DCF model values AMD at $353.57 per share, 46% below current trading price.
Insiders sold over $114 million in stock last quarter.
Analyst consensus is 'Moderate Buy' with a price target of $410.

Frequently asked questions

AMD stock has surged 130.9% year to date in 2026, and is up 43.1% over the past month, trading at $516.10.

AMD reported Q1 2025 revenue of $10.25 billion, up 37.8% year over year, and earnings per share of $1.37, beating analyst estimates.

A Discounted Cash Flow model estimates AMD's intrinsic value at $353.57 per share, suggesting the stock is trading approximately 46% above this estimate.

The analyst consensus is 'Moderate Buy' with an average price target of $410, which is below the current trading price.

What Happens Next

01Monitor future quarterly earnings reports and revenue guidance.

02Observe insider trading activity for further selling or buying trends.

03Track analyst price target revisions and rating changes.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

1 Jun · 9:07 AM

AMD stock has surged 130.9% year to date, but a DCF model suggests it's overvalued.

CoinCentral via PiQSuite

31 May · 11:16 PM

AMD has started production of its Venice EPYC processors, a key step in its server CPU roadmap.

Yahoo News | Finance Top Stories via PiQSuite

Sources

Advanced Micro Devices Inc (AMD) Starts Venice EPYC Processor Production Rampm.piqsuite.com

AMD Stock Up 130% in 2026 — Is the Rally Running Out of Steam?m.piqsuite.com

AMD stock up 130% in 2026, analysts mixed on future upside

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

What Happens Next

Get the newsletter.

How It Developed

Sources

Related Stories

AMD stock up 130% in 2026, analysts mixed on future upside

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

What Happens Next

Get the newsletter.

How It Developed

Sources

Related Stories

AMD stock up 130% in 2026, analysts mixed on future upside

PiQ Daily

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

+ What has been AMD's stock performance in 2026?

+ How did AMD perform in Q1 2025?

+ What is the valuation concern for AMD stock?

+ What is the analyst consensus for AMD?

What Happens Next

Get the newsletter.

How It Developed

Sources

Related Stories

AMD stock up 130% in 2026, analysts mixed on future upside

PiQ Daily

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

+ What has been AMD's stock performance in 2026?

+ How did AMD perform in Q1 2025?

+ What is the valuation concern for AMD stock?

+ What is the analyst consensus for AMD?

What Happens Next

Get the newsletter.

How It Developed

Sources

Related Stories