Yes, according to recent analysis, AMD (NASDAQ:AMD) stock is considered a buy.
This positive assessment comes from Rosenblatt's analysts, who have named AMD a top Artificial Intelligence (AI) pick for the first half of 2025. The firm has assigned a "Buy" rating to the stock, coupled with an ambitious price target of $250, which suggests a substantial 100% potential upside in its share price.
Following this optimistic outlook, shares of the computer processor manufacturer experienced a significant surge in morning trading sessions.
Key Factors Supporting the "Buy" Rating:
- Analyst Firm: Rosenblatt
- Rating: Buy
- Price Target: $250 per share
- Implied Upside: 100% from current levels (at the time of the analysis)
- Strategic Positioning: Designated as a top AI pick for H1 2025, highlighting its perceived strength and future potential in the rapidly expanding artificial intelligence sector.
This perspective indicates strong confidence in AMD's future performance, particularly as the demand for powerful processing units in AI applications continues to grow.
