Should You Buy Advanced Micro Devices (AMD) Stock Ahead of Tuesday Earnings? Wall Street Weighs In
Susquehanna analyst Christopher Rolland upgraded AMD's price target to $375 from $300 ahead of its Q1 2026 earnings release on May 5, citing server CPU market share expansion and AI chip traction. Wall Street forecasts $1.29 EPS and $9.89B in revenue for the quarter.
Advanced Micro Devices (AMD) is set to release its Q1 2026 earnings on May 5. Susquehanna analyst Christopher Rolland upgraded AMD's price target to $375 from $300, maintaining a Positive rating. Rolland cited AMD's expanding presence in the server CPU market and accelerating adoption of its AI processing chips. AMD's MI350 accelerator chip is expected to boost Data Center segment performance in the first half of 2026. The company has secured major contracts with OpenAI and Meta, totaling 6GW each, positioning AMD for significant hardware revenue starting in 2H26. Wall Street forecasts $1.29 EPS and $9.89B in revenue for the quarter. AMD's Data Center division achieved record Q4 2025 revenue of $5.38 billion, a 39% year-over-year increase.
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