AMD Gears Up for AI Breakthrough With Helios -- Is It Time to Buy?
Piper Sandler reiterated an "Overweight" rating on Advanced Micro Devices 
AMD and held a $280 price target in a recent investor note.
Harsh Kumar, a top Piper Sandler analyst, said the recent management call left him confident about AMD's roadmap and execution.
A central focus is Helios, a rack-scale AI system management expects to launch around mid-2026. Helios is being positioned to handle large AI workloads in data centers, signaling a move beyond standalone chips to full system solutions.
Kumar also pointed to the ongoing ramp of the MI300 series and early progress on the MI400 series, which he sees as core to AMD's multi-year AI growth case.
Management told analysts it plans to serve a broad customer base and not rely solely on any single partner, though Kumar expects some near-term demand from the OpenAI relationship.
Piper Sandler said Helios could be a key differentiator, but execution and customer traction will determine upside. Kumar kept his $280 target unchanged.
Shares of Advanced Micro Devices AMD slid about 0.5% in early trading, but investors will see how the stock responds in regular trading on Wednesday.
Is AMD Stock a Buy?
Based on the one year price targets offered by 44 analysts, the average target price for Advanced Micro Devices Inc is $273.97 with a high estimate of $377.00 and a low estimate of $134.20. The average target implies a upside of +31.98% from the current price of $207.58.
Based on GuruFocus estimates, the estimated GF Value for Advanced Micro Devices Inc in one year is $230.08, suggesting a upside of +10.84% from the current price of $207.58. gf value is gurufocus' estimate of the fair value that the stock should be traded at. it is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page.