Citi raises target for AMD stock from USD 575.00 to USD 800.00

Published on 10/08/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi lifted AMD's target to USD 800.00 from USD 575.00 on October 6, 2026. AMD stock costs EUR 570.05 on October 8, 2026, versus EUR 576.35.

Key points in brief

Citi raised its AMD price target from USD 575.00 to USD 800.00 on October 6, 2026.
AMD reported USD 11.54 billion in second-quarter 2026 revenue, up 50.10 percent year over year.
AMD stock was trading at EUR 570.05 at Lang & Schwarz on October 8, 2026, down 1.09 percent versus the prior close.
AMD is scheduled to report fiscal third-quarter 2026 results on November 3, 2026.

Pop-Art-Comic-Illustration eines generischen CPU-Chips im Roy-Lichtenstein-Stil mit Ben-Day-Punktraster, kräftigen Farben Magenta Cyan Gelb und Schwarz, Energiestrahlen, kein Markenname — AMD Chip Comic ISIN US0079031078 Pop Art Illustration generischer CPU mit Ben Day Punkten, Illustration mit AI erstellt.

According to Yahoo Finance on October 6, 2026, Citi raised its AMD price target from USD 575.00 to USD 800.00. The new target is a bullish signal on artificial intelligence demand, but AMD stock was trading at EUR 570.05 at Lang & Schwarz on October 8, 2026 at 4:36 p.m. CEST, down 1.09 percent versus the prior close of EUR 576.35 on October 7, 2026.

Target reflects AI demand

Citi analysts said AI agents such as Meta's Muse could increase demand for computing hardware and AMD chips, according to Yahoo Finance. The same report said Citi expects the CPU market to reach USD 300.00 billion by 2030, compared with USD 25.00 billion in the prior year, a quantified comparison that underpins the target increase.

The valuation case now depends on whether AMD can convert demand into supply. CEO Lisa Su said the company plans to substantially increase capacity in 2027, while supply constraints in wafers, packaging and memory remain relevant execution risks, as reported by Zacks on October 8, 2026.

Three dated AMD milestones

AMD announced a strategic partnership with Anthropic on July 22, 2026, covering up to 2 gigawatts of AMD Instinct MI450 GPUs, according to AMD. On September 28, 2026, AMD announced an agreement to acquire World Labs in an all-stock transaction valued at USD 8.20 billion, also listed by AMD. On October 6, 2026, Citi raised its target to USD 800.00 from USD 575.00, according to Yahoo Finance.

What comes next for AMD?

AMD's second-quarter 2026 revenue reached USD 11.54 billion, up 50.10 percent from the prior year, while net income attributable to common shareholders was USD 2.30 billion and diluted earnings per share were USD 1.38. The operating margin was 17.00 percent for the quarter, based on the company's latest financial results listed by AMD.

Upcoming reporting dates

AMD is scheduled to report fiscal third-quarter 2026 financial results on November 3, 2026 at 2:00 p.m. PDT. The company also lists the UBS Global Technology and AI Conference on December 1, 2026, with both dates shown on AMD's investor relations page.

AMD stock trades below prior close

AMD stock was trading at EUR 570.05 at Lang & Schwarz on October 8, 2026 at 4:36 p.m. CEST, down 1.09 percent versus the prior close of EUR 576.35 on October 7, 2026. The market capitalization was USD 1,038.5 billion and the 52-week range was USD 188.22 to USD 658.52 as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of AMD stock.