Advanced Micro Devices, Inc. (AMD) Tops Q1 EPS by 10c, Beats on Revenue; Offers Q2 Revenue Guidance

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AMD (AMD) PT Raised to $579 at Evercore ISI

May 6, 2026 4:23 AM EDT

Evercore ISI analyst Mark Lipacis raised the price target on AMD (NASDAQ: AMD) to $579.00 (from $358.00) while maintaining a Outperform rating.

The analyst comments "Buyers of CPU Renaissance. AMD is trading 17% higher in aftermarket trading following its report of Mar-26Q EPS 6% above consensus... More