AMD Says Data Center Revenue Could Jump 60% Annually from Here. Should You Buy AMD Stock Now?

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intelligence, saying “I think it’s the right gamble.”I’m Preparing for a ‘Bang’ When the Nasdaq Crashes. Here’s How I’m Trading the QQQ ETF First.Down 40% in the Past 6 Months, Should You Buy, Sell, or Hold MicroStrategy Stock in November 2025?Michael Burry Accuses Meta Platforms of ‘Common Fraud’ and Inflated Earnings. Should You Still Buy META Stock Now?Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!Including today’s gains, AMD stock is up roughly 230% versus its year-to-date low in early April.www.barchart.comAMD’s analyst day presentation on Nov. 11 also forecast its overall revenue to grow by 35% yearly through the end of this decade, which would effectively more than quadruple its top line in five years.Assuming that the Nasdaq-listed firm retains its current price-sales (P/S) multiple of about 15x, an over 4x increase in revenue would push its market cap up to a whopping $1.7 trillion by 2030.That would translate to a per-share price of more than $1,000 (provided the number of outstanding shares remains unchanged as well), indicating potential for a 300% return within five years.Of course, this math is an oversimplification of how things typically work in the financial markets, particularly the assumption that a high-growth company like Advanced Micro Devices will retain its P/S multiple as it matures.However, it’s not like AMD shares are currently trading at a super stretched price-sales multiple in the first place. Peer Nvidia (NVDA), for example, is going for a much higher 37x at the time of writing.Wells Fargo’s senior analyst Aaron Rakers reiterated his “Overweight” rating on AMD following its “stronger-than-expected financial model framework at its analyst day.”According to Rakers, the semiconductor stock could hit $345 next year as the company continues to gain share across all of its core verticals, including AI accelerators, general-purpose GPUs, and personal computers.“Accelerating operating leverage and earnings power in excess of $10 a share by 2027,” are among other reasons he cited for his bullish view on AMD stock.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,739.75 -20.25 (-0.30%)Dow Futures47,485.00 -62.00 (-0.13%)Nasdaq Futures24,948.75 -146.00 (-0.58%)Russell 2000 Futures2,385.20 -4.80 (-0.20%)VIX21.44 +1.44 (+7.20%)Gold4,178.70 -15.80 (-0.38%)PortfolioSign in to access your portfolioSign inTop gainersCLBT Cellebrite DI Ltd. 19.28 +3.31 (+20.73%)ONDS Ondas Holdings Inc. 6.56 +1.05 (+19.06%)FLY Firefly Aerospace Inc. 21.42 +3.11 (+16.99%)SEE Sealed Air Corporation 42.50 +6.12 (+16.82%)TTEK Tetra Tech, Inc. 37.41 +4.96 (+15.29%)Top losersBTDR Bitdeer Technologies Group 11.11 -2.83 (-20.30%)FRMI Fermi Inc. 17.50 -4.26 (-19.58%)BE Bloom Energy Corporation 103.55 -23.17 (-18.28%)FLNC Fluence Energy, Inc. 16.25 -2.96 (-15.41%)VIA Via Transportation, Inc. 43.14 -7.36 (-14.57%)Most activeONDS Ondas Holdings Inc. 6.56 +1.05 (+19.06%)OPEN Opendoor Technologies Inc. 8.56 -0.81 (-8.64%)NVDA NVIDIA Corporation 186.86 -6.94 (-3.58%)SOFI SoFi Technologies, Inc. 28.39 -3.82 (-11.86%)PLUG Plug Power Inc. 2.4900 -0.2400 (-8.79%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 97,343.14 -6,350.43 (-6.12%)TSLA Tesla, Inc. 401.99 -28.61 (-6.64%)ETH-USD Ethereum USD 3,204.92 -319.68 (-9.07%)MSTR Strategy Inc 208.54 -16.07 (-7.15%)COIN Coinbase Global, Inc. 283.14 -20.86 (-6.86%)Top economic events