From Nasdaq: 2025-02-07 12:26:00

Investors saw a 6% drop in AMD stock after a strong Q4 earnings report. Despite beating analyst expectations, the stock fell as much as 10%. Data center growth concerns may have spooked investors, but revenue was up 25% year-over-year.

Analysts like Mizuho, Wedbush, Susquehanna, and Stifel remain bullish on AMD. Price targets range up to $162, indicating a potential 40% upside. Analysts see strong growth potential in AMD’s AI and gaming chips, despite the recent stock dip.

AMD needs to prove it can maintain momentum amidst data center growth concerns. The stock has struggled compared to its tech peers, but analysts are still bullish. With shares in oversold territory and approaching key support levels, long-term investors may see a favorable risk-to-reward setup.



Read more at Nasdaq:: 3 Reasons to Treat AMD’s Drop as an Entry Opportunity