10:55 AM EDT, 08/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target at $200 on a P/E of 26.2x our 2027 EPS estimate of $7.63, near AI peers but well below historical. After posting better-than-expected Q2 EPS and Q3 guidance, we slightly raise our 2025 EPS to $3.91 from $3.85, 2026 to $5.97 from $5.90, and 2027 to $7.63 from $7.50. Overall, we are encouraged by AMD's results, as GPU server sales are trending above what we previously anticipated given the MI350X ramp, with China shipments likely to resume in the coming months (AMD assumes no revenue for MI308 in Q3), offering upside. We think tariffs remain a risk to PC end demand, with AMD to likely pass on any higher costs from the outcome of the 232 semiconductor investigation to its end customers. Still, we encourage investors to look past near-term uncertainty as we see upside from AMD's shift to rack-scale solutions in 2026 and an expanding customer base for AMD's accelerators (e.g., Oracle, OpenAI) that will translate to significant AI server revenue/profitability/balance sheet strength.