AMD Stock Best Case Scenario Vs. Worst Case Scenario

Advanced Micro Devices, Inc (AMD) is riding the ongoing AI wave, delivering some of its strongest quarters ever. AMD stock prices have also registered incredible growth, with Wall Street analysts become increasingly bullish on the asset’s future. Let’s look at AMD stock’s best and worst case scenario.

AMD Stock: Best And Worst Case Scenario

The most bullish outlook for AMD comes from Baird analyst Tristan Gerra. Gerra doubled AMD’s price target from $625 to $1,250. The analyst cites AMD’s strong long-term outlook for its AI platforms. Gerra predicts AI GPU revenue to hit $147 billion by 2030. The analyst also highlights AMD’s Helios rack-scale AI infrastructure ramp to play a vital role in the company’s revenue growth. Many experts have stated that AMD’s Helios chips could reflect in the company’s Q4 earnings report.

While the bullish projections for AMD are plenty, there are some bearish predictions as well. Wall Street’s lowest outlook for AMD comes from none other than Morgan Stanley. The prominent financial institution anticipates AMD’s stock price to hit $465, a near 3% downside from current price levels. Morgan Stanley presents a more conservative outlook for the chip manufacturer, as opposed to Baird.

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