UBS Raises AMD Price Target to $730, Maintains Buy Rating

UBS-2.10%
AMD-2.24%
According to UBS, on July 24, the bank raised AMD's price target to $730 from $700 while maintaining a buy rating. UBS projects AMD's earnings per share at approximately $19 in 2027 and $27.57 in 2028, significantly above Wall Street's consensus estimate of $19 for 2028. The bank forecasts server CPU revenue of around $35 billion in 2027, potentially reaching up to $60 billion in 2028.
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