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This Wall Street Firm Just Placed a $725 Price Target on AMD Stock. Here's Why It's Wrong.

The Motley Fool·
This Wall Street Firm Just Placed a $725 Price Target on AMD Stock. Here's Why It's Wrong.

KeyBanc set a $725 price target on AMD, implying a 40% gain, but analyst Keithen Drury argues this is overly optimistic. AMD trades at a premium valuation despite lagging Nvidia in AI accelerators and lacking the profit margins to justify current prices. Even under highly optimistic scenarios, AMD would trade at 36x forward earnings, making Nvidia the better investment.

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