BREAKING
$AMD| $300 PT| Outperform Rating🚀
Wolfe Research analyst Chris Caso is bullish on
@AMD with $300 Price Target and maintains Outperform Rating.
Wolfe Research sees $74B revenue and $12.63 EPS FY2027 or Rev/EPS at 22x.
Bullish on CPU, Meta, OpenAI. Citing 3rd customer.
My take: AMD has about 7 large customers with hundreds of small to medium buyers. FY2027 may be too conservative. Considering the CPU shortage is extreme. Pricing power for 2026 is likely in the 20-30%