Under her leadership, the company has managed to double its revenue from $16.4 billion to $32 billion, resulting in an 18.2% CAGR. Based on these projections, Lu actually expects that growth will accelerate, rather than slowing down.
Most analysts have maintained their 12-month price targets for the stock despite the latest news. On November 4, the company shared its quarterly results covering the third quarter of 2025.
Back then, they beat analysts’ consensus estimate for the period by a few cents but also delivered total revenues that were 4% above the market’s expected figure.
This may have been the reason why the rally has kept going, as the market has adjusted its forecasts based on the latest available data.
AMD Found Support at Its 200-Day EMA and Could Do It Again
Looking at the daily chart, we can see that AMD found strong support at the 200-day exponential moving average and formed a nice floor at that level that has given birth to an ascending price channel.