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

Published on 10/12/2026 at 11:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 11.54 billion, up 50.10 percent. AMD stock costs EUR 540.55 on October 12, 2026 versus EUR 545.90 on October 9.

Key points in brief

Citi raised its AMD price target from USD 575.00 to USD 800.00 on October 6, 2026.
Second-quarter revenue reached USD 11.54 billion, up 50.10 percent year over year, while Data Center revenue rose 107.00 percent.
AMD stock was EUR 540.55 at Lang & Schwarz on October 12, 2026, 0.98 percent below the October 9 Xetra close.
AMD's fiscal third-quarter 2026 results are scheduled for November 3, 2026.

Schwarz-Weiß-Reportagefoto eines Technikers im Reinraum, der einen Silizium-Wafer mit hunderten Chip-Dies hält – dokumentarischer Stil, kein Markenname — AMD Halbleiter ISIN US0079031078 Silizium Wafer im Reinraum als schwarzweisse Fotoreportage gezeigt, Illustration mit AI erstellt.

AMD (ISIN US0079031078) has a new USD 800.00 price target from Citi, up from USD 575.00, after an analyst note dated October 6, 2026, as Yahoo Finance reports. AMD stock was trading at EUR 540.55 at Lang & Schwarz on October 12, 2026 at 11:46 a.m. CEST, minus 0.98 percent versus the Xetra close of October 9, 2026 at EUR 545.90.

Revenue sets the earnings base

AMD reported USD 11.54 billion of revenue in the second quarter of 2026, up 50.10 percent from the same period a year earlier, according to Yahoo Finance. Data Center revenue reached USD 6.72 billion, an increase of 107.00 percent year over year, making the business the central numerical support for the higher valuation case.

What does the target require?

Citi analyst Atif Malik raised the target from USD 575.00 to USD 800.00 on October 6, 2026, according to Yahoo Finance. BNP Paribas analyst Karl Ackerman separately lifted the target from USD 600.00 to USD 960.00 while keeping an Outperform rating, as Yahoo Finance reported on October 6, 2026. The BNP target is 20.00 percent above Citi's target, so the range of analyst expectations is itself a material valuation factor.

Three milestones shape the setup

On July 22, 2026, AMD and Anthropic announced a strategic partnership involving up to 2 gigawatts of AMD Instinct GPUs, according to AMD. On August 4, 2026, the second-quarter report showed USD 11.54 billion of revenue and 107.00 percent Data Center growth, while on October 6, 2026, Citi published its USD 800.00 target.

Dates investors can measure

AMD will report fiscal third-quarter 2026 results on November 3, 2026, after the market close, followed by the UBS Global Technology and AI Conference on December 1, 2026, according to AMD. The November report will provide the next direct test of whether the second-quarter growth rates are carrying into the second half.

Stock stays below the Xetra base

At Lang & Schwarz, AMD stock was trading at EUR 540.55 on October 12, 2026 at 11:46 a.m. CEST, minus 0.98 percent versus the Xetra close of October 9, 2026 at EUR 545.90. The price remains EUR 43.85 below the 52-week high of EUR 584.40 on the AMD.DE quote, keeping the market's valuation debate tied to execution rather than a fresh high.

The further course of trading is shown by the continuously updated real-time quote of AMD stock.