AMD Stock Soars on DA Davidson Upgrade

0:00D.A. Davidson just dropped a bombshow on AMD Stock, upgrading it to buy from neutral and jacking the price target to $375 from $220. That's a 70% jump in one shot based on 32 times calendar year 2027 earnings per share. Analyst Gilluria also bumped up his 2026 revenue forecast by $2 billion in gross profit by $1.5 billion way above Wall Street averages in AMD's own guide. The spark came from Intel's first quarter 2026 earnings where they hit $13.6 billion in revenue beating there midpoint guide by $1.4 billion on a server CPU explosion A.I. is shifting gears from pre-training which was all about GPUs at an A to 1 ratio toward inference and agent work loads that need way more balanced CPU power almost parity. Wall Street's buzzing because D.A. Davison's call towers over the consensus target of

1:00around $290 from 40 analysts with most already at buy but nothing this bold investors love how Luria sees AMD grabbing big CPU market share plus pricing power to boost margins amid supply crunches fixing old doubts about profitability Luria owned up to underestimating AMD's GPU ramp earlier but now with met a 6 gigawatt A.I. push and open A.I's $122 billion fund raise AMD's 35% revenue growth target through the years looks solid across CPUs and GPUs. Keep eyes on AMD's first quarter numbers dropping May 5 after close expected at $9.84 billion with 32% growth. If server CPUs surprise big like Intel's did and they talk tight supply plus agentic demand that $375 target could pull the whole sector higher.