AI stocks have drawn fresh attention after mixed Q2 results, as steady spending and fast adoption of generative AI fuel debate over which companies could gain most from the next wave of AI growth. In this context, we used TipRanks’ Stock Comparison Tool to compare Advanced Micro Devices (AMD) and Palantir Technologies (PLTR) to see which stock Wall Street views as the better pick after Q2 earnings.
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Advanced Micro Devices (NASDAQ:AMD) Stock
AMD stock has climbed 43% so far in 2025, fueled by the strength of its data center business. However, shares have pulled back following the company’s mixed second-quarter results. While revenue topped Wall Street’s expectations, earnings were in line with forecasts. The main concern was a drop in artificial intelligence (AI) business revenue, which weighed on investor sentiment. AMD said its Q2 AI revenue fell due to U.S. export curbs that blocked MI308 sales to China and the shift to its next-generation chips.
Following the Q2 results, many analysts stayed upbeat on AMD, though some raised concerns about slower AI growth and higher costs. For example, Goldman Sachs analyst James Schneider raised his price target to $150 from $140 but kept a Hold rating. He remained cautious about AMD’s ability to grow its data center GPU business and expressed concerns over rising AI-related expenses.
Meanwhile, Barclays analyst Tom O’Malley lifted his price target to $200 from $130 and kept a Buy rating, citing strong AI-driven demand. He expects MI-series GPUs to reach a $2.3 billion run rate by year-end and sees data center revenue topping $10 billion by 2026.
Is AMD Stock a Buy or Sell Now?
Overall, Wall Street is cautiously optimistic on Advanced Micro Devices stock, with a Moderate Buy consensus rating based on 26 Buys and 12 Holds. The average AMD stock price target of $181.36 indicates 4.98% upside potential from current levels.
Palantir Technologies (NASDAQ:PLTR) Stock
Palantir stock has surged 147% so far in 2025, fueled by strong demand for its AI-powered tools and solid fundamentals. The data analytics company beat Wall Street’s expectations in Q2, with revenue up 48% year-over-year to over $1 billion for the first time. The company also raised its full-year 2025 revenue outlook to between $4.142 billion and $4.150 billion, reflecting robust growth across both government and commercial businesses.
Impressed by the Q2 results, Wedbush analyst Dan Ives reiterated his Outperform rating and $160 price target, calling the quarter a “blowout across the board.” The 4.5-star analyst called Palantir one of his “top tech picks for 2025,” pointing to growing momentum across both federal and commercial markets.
According to Ives, one key area of growth is U.S. commercial revenue, which Palantir now expects to climb 85% year-over-year in FY25, well above its prior forecast of 68%. He sees this as clear evidence that adoption of Palantir’s AI tools in the private sector is gaining pace. The company also lifted its full-year adjusted operating income forecast to between $1.912 billion and $1.920 billion, up from the earlier range of $1.711 billion to $1.723 billion.
What Is the Price Target for Palantir Stock?
Overall, Wall Street has a Hold consensus rating on Palantir Technologies stock based on five Buys, 13 Holds, and two Sell ratings. The average PLTR stock price target of $154.56 indicates a possible downside of about 17.33% from current levels.
Conclusion
Following Q2 results, Wall Street holds a moderately bullish view on AMD and a more cautious stance on Palantir. Analysts see greater upside potential in AMD, backed by its solid fundamentals, strength in both data center and client segments, and growth prospects in AI.