Aug. 5 at 6:26 PM
$AMD is staying near the top of my watchlist. 👀
Saw Futurum Equities reaffirm its Buy rating with an
$800 price target, but what I found more interesting was the reasoning behind it.
They're projecting
$90B in 2027 revenue and
$17.50 EPS, driven by AI infrastructure demand, the Venice CPU rollout, and continued strength in data center GPUs.
Names like
$META,
$ORCL, and OpenAI are expected to be key demand drivers, which reinforces the idea that enterprise AI spending still has room to grow.
I'm not buying a stock just because an analyst raised a target.
I want to see AMD keep executing quarter after quarter and let the earnings validate the thesis. So far, the AI story is still intact, and that's why I'm keeping it on my radar.
Nice to see you here. Which sector surprised you today?
Looking forward to your reply.