Analyst Christopher Danely from Citi maintained a Hold rating on Advanced Micro Devices (AMD – Research Report) and keeping the price target at $100.00.
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Christopher Danely has given his Hold rating due to a combination of factors impacting Advanced Micro Devices. The company reported mixed financial results, with higher-than-expected sales in certain segments but gross margins falling short of consensus expectations. Despite an increase in data center and client segment sales, AMD’s AI revenue has declined in the first half of 2025, and its margins remain below the corporate average, partly due to export controls in China.
Additionally, while AMD’s revenue guidance for the second quarter of 2025 is above consensus, the anticipated gross margin is lower than expected, indicating challenges in margin leverage. The analyst has adjusted revenue estimates upward but lowered earnings per share estimates due to higher operating expenses. Given these factors, including slowing AI growth and margin pressures, Danely maintains a Neutral stance on AMD with a price target of $100, reflecting a cautious outlook on the stock’s potential for significant appreciation.
Danely covers the Technology sector, focusing on stocks such as Micron, Intel, and Advanced Micro Devices. According to TipRanks, Danely has an average return of 5.8% and a 55.14% success rate on recommended stocks.