Advanced Micro Devices, Inc. (AMD) currently trades at $510.13, a level that sits above its consensus mean target of $472.17. Despite this -7.4% implied downside, recent sentiment from analysts remains active. As of June 2, 2026, firms including Barclays, TD Cowen, and Mizuho have all issued upward price target revisions, with Barclays notably shifting its target from $500 to $665.
The numbers
The consensus view is derived from 48 analysts, resulting in a "strong_buy" recommendation. While the forward P/E ratio stands at 39.01, the trailing P/E is significantly higher at 170.61. A point of interest is the disconnect between the optimistic recent revisions and the current price, which remains elevated above the average analyst expectation. Additionally, insider activity shows 10 meaningful sell transactions totaling 332,405 shares, with no offsetting meaningful buys recorded.
How AMD compares
Within the IT sector page, AMD holds the 4th rank among peers. Its -7.4% upside stands in contrast to the sector average of 12%.
* NVDA: 32.3% upside * CRM: 21.8% upside * AAPL: 1.4% upside