AMD Stock Forecast: Overcoming Challenges and Embracing

Meiru ZhongThis AMD Stock Forecast article was written by Meiru Zhong – Financial Analyst at I Know First.


  • AMD faced challenges in the first nine months of 2023, with lower sales of key processors and increased R&D investment, partially offset by positive contributions from Radeon GPU sales, product mix adjustments, and the inclusion of Xilinx.
  • AMD's strategic focus on high-performance and adaptive computing technology, reflected in a $4.4 billion investment in R&D for the nine months of 2023.
  • AMD’s Q3 2023 highlighted a strong cash position of $5.8 billion for future stock buyback and a robust industry outperformance.
  • DCF valued AMD at $143, a 6% upside potential compared to $135.47 on December 20, 2023. 

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AMD Stock Prediction: Why AMD Stock Has A Bright Future

This article was written by Mathieu Stalder, a Financial Analyst at I Know First.


Stock is in a decisive technical area, as the stock price approaches a resistance and a support zone

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Winning AMD Stock Forecast (NASDAQ: AMD): Chip Maker AMD Continues To Surge The Market

Winning AMD Stock Forecast

 AMD’s Ryzen Close Up.  By Fritzchens Fritz from Berlin (via WikiMediaCommons/Public Domain)

Advanced Micro Devices Inc. (AMD) went from a company that was once in fair amount of trouble, to a competitor against giants Nvidia and Intel. Shares have been seeing a continuous rise, reaching a 12-year high. The stock rose 200% this past month alone. AMD’s Ryzen microprocessors can take a fair amount of credit for this success. That along with quality leadership with Lisa Su as CEO. Ryzen outperforms competitor Intel’s comparable chips, and at a lower price. The same outperformance can be seen for EPYC against the likes of Intel’s Xeon, and notably so. Since AMD’s launch of EPYC processors last year, they have gradually gained share within the server market space. They are also set to launch next-generation 7 nanometer products soon, well ahead of their competitors which aren’t scheduled to drop until 2020. This gives AMD a window to take a hold of even more market share in the coming year. Their avoidance of certain security issues that have hit competitors in recent moths may have been yet another factor in their recent uprise. Ryzen and EPYC, which brought this company back to life, are getting a ramp, which should be a good sign to shareholders. The company is optimistic about a 20% share in the desktop market, up to 40% in 2019, driven by Ryzen chips. It is also notable that AMD’s market is growing, and this means though it may have healthy competitors, their presentation of solid product may be gaining them a more solidified position in the market. They supply rapidly growing markets like smartphones, data-centers, AI, AR/VR, self-driving, automation, etc. The total addressable market (TAM) took a massive jump from $18.5 billion to $22.5 billion, which only helps a company like AMD grow, as long as they keep delivering great product.

AMD saw an impressive second quarter, with a revenue of $1.76 billion, a 53% rise year-over-year. It also reported its highest quarterly net income in seven years. Earnings per Share (EPS) increased by 700% from the previous-year quarter, and 50% from Q1 2018.

On September 18, Mizuho increases its AMD (NASDAQ:AMD) price target from $20 to $36

On the next day, Morgan Stanley reiterates an Underweight rating on AMD (NASDAQ:AMD) but increases the price target from $11 to $28

On September 20, Stifel increases its AMD (NASDAQ:AMD) price target from $21 to $38 citing strong demand for the company’s new products

Two day ago Jefferies reiterates its Buy rating and raises its AMD (NASDAQ:AMD) price target from $30 to $36.

I Know First was one of the first to give AMD a bullish outlook via our stock forecasting algorithm. On June 10 we publish this bullish outlook for AMD detailing 3 driving forces for this bullish outlook

AMD is up 97% since this bullish forecast

(Source: Yahoo Finance)

A week before these mulitply upgradings we issued this bullish short term forecast for AMD:



AMD is with 19% gain since this bullish short term forecast


(Source: Yahoo Finance)

Current I Know First subscribers received this bullish AMD forecast on September 9th, 2018.

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Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance

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AMD Stock Forecast: New Technology Can Expand Market Share & Increase Bottom Line

This article was written by David Shabotinsky, a Financial Analyst at I Know First, and enrolled at the undergraduate Finance program at the Interdisciplinary Center, Herzliya.

AMD Stock Forecast


  • Overview on AMDs performance throughout the past few quarters
  • New Radeon Chips may help AMD further capture market share in the GPU market
  • Improvement in key financial risk measurements
  • How AI is being implemented by businesses to increase operational efficiency
  • I Know First's AI-based algorithm maints a bullish forecast on AMD shares

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AMD Stock Prediction: AMD’s Rally Is Just Getting Started

namanNaman Shukla is an Analyst at I Know First. He writes and invests in the stock market. Ranked in the top 8 percentile in Featured on,, among others.

AMD Stock Prediction: AMD’s Rally Is Just Getting Started


  • AMD’s new GPUs have paved the way for the company’s turnaround.
  • Lower price points and high efficiency have contributed to the success of the Polaris architecture-based GPUs.
  • AMD can benefit further if it launches a successful product for the high-end market.
  • The stock still has more upside potential.

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AMD Stock Prediction – Quick Win: 31.74% Return in 7 Days

On July 29th, 2015, The I Know First algorithm gave a bullish signal of 8.69 for the ticker AMD (Advanced Micro Devices), which had a strong predictability indicator of 0.29. In accordance with the algorithm’s prediction, Advanced Micro Devices spiked 31.74% on trading day July 29th. A day prior to the rising stock price, I Know First published a compelling article, titled AMD Stock Outlook: Inevitable Rebound, which highlighted a potential rise in stock price.

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