Although Advanced Micro Devices (NASDAQ: AMD) stock has declined well below its all-time high (ATH) of $211 it reached earlier this year, its recent performance has been increasingly bullish, and a newly released artificial intelligence (AI) model cautiously shares the optimistic sentiment.
As it happens, AMD stock has been making positive moves in recent weeks, as its Instinct MI250X accelerator chip powers multiple systems of the world’s 500 largest and most powerful supercomputers, including the Frontier system at the Oak Ridge National Laboratory.
On the other hand, AMD shares have recorded weaker performance this year compared to the competitors in the semiconductor sector, and the company’s CEO, Lisa Su, recently offloaded 80,000 AMD stocks with a value of $12.6 million, possibly explained by weaker fundamental performance.
Taking into consideration the above and other relevant factors, Finbold has tasked the Meta Platforms (NASDAQ: META) AI assistant, Llama 3.1, with providing insights into the potential price targets for AMD stock in the next year and it offered findings from the standpoint on August 26.
Indeed, according to Meta’s advanced AI platform, the potential price range for AMD stock in 2025 could be between $145 and $265, based on analysts’ forecasts, the recent acquisition of ZT Systems and strong earnings results, and the company’s expanding AI portfolio. Furthermore:
“Technical analysis indicators also suggest a positive trend for AMD’s stock price. The stock has been on an upward trajectory, with a 12-month increase of 54%. The current price of $154.98 is also above the 50-day moving average, indicating a bullish trend.”
What stock analysts say about AMD price prediction
As it happens, Llama 3.1 based its predictions on TA indicators and opinions of experts, who in the past three months have offered their AMD price prediction targets, setting the average AMD stock price at $190.90, which would indicate a 23.18% increase from its current price.
Among these experts is Dan Ives of Wedbush, who has argued that the latest results from AMD should ease market concerns on AI monetization, with AMD “on the cusp of getting a piece of the growing AI $1 trillion of Cap Ex we expect to see over the next few years with the Godfather of AI Jensen and Nvidia (NASDAQ: NVDA) leading the charge.”
AMD stock price history
For the time being, the price of AMD stocks stands at $154.98, reflecting an increase of 2.16% on the day, a 4.46% advance across the week, a 10.71% gain on its monthly chart, as well as a year-to-date (YTD) advance of 11.83%, as per the most recent data on August 26.
Overall, the stocks of the company that boasts popular products like the cutting-edge AMD Ryzen 7 and others might, indeed, move in the direction set out by the Meta AI or even higher, as analysts predict. However, trends in the stock market can change, so doing one’s own research is critical.
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Source: https://finbold.com/meta-ai-predicts-amd-stock-price-for-2025/