The Zhitong Finance App learned that Goldman Sachs released a research report to maintain the AMD (AMD.US) “buy” rating. The target price for 12 months is 675 US dollars, which is 39.5% higher than the latest closing price. Goldman Sachs pointed out that AMD's third quarter results and fourth quarter guidance were higher than market expectations. Data center server CPUs and GPUs are strong at the same time. Management expects the company's overall revenue to grow by more than 80% and data center revenue by more than 100% in 2027, although there are still headwinds in the PC market. Goldman Sachs says these growth targets are clearly visible.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that Goldman Sachs released a research report to maintain the AMD (AMD.US) “buy” rating. The target price for 12 months is 675 US dollars, which is 39.5% higher than the latest closing price. Goldman Sachs pointed out that AMD's third quarter results and fourth quarter guidance were higher than market expectations. Data center server CPUs and GPUs are strong at the same time. Management expects the company's overall revenue to grow by more than 80% and data center revenue by more than 100% in 2027, although there are still headwinds in the PC market. Goldman Sachs says these growth targets are clearly visible.
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