KeyBanc Maintains Overweight on AMD (Advanced Micro Devices) Feb 2026
KeyBanc, Evercore ISI and Roth Capital all maintained positive views on Advanced Micro Devices, Inc. (AMD) on February 24, 2026. The moves kept the AMD analyst rating firmly bullish and included two notable price target increases. KeyBanc held an Overweight stance and raised its target to $330. Evercore ISI kept Outperform while lifting its target to $358. Roth Capital stayed at Buy, citing AMD’s role in AI infrastructure tied to the Meta deal. These analyst actions matter for investors tracking momentum and valuation.
AMD analyst rating roundup
All three rating actions occurred on February 24, 2026 and were maintained rather than changed to a lower stance. KeyBanc at 02:41 PM kept Overweight and raised its target to $330. Evercore ISI at 01:24 PM stayed Outperform and raised its target to $358. Roth Capital at 11:19 AM remained at Buy, stressing strategic wins from the Meta partnership.
Analyst actions and firm details
KeyBanc, Evercore ISI and Roth Capital are the firms behind these notes. KeyBanc raised its target from $300 to $330. Evercore ISI raised its target from $328 to $358. Roth Capital emphasized AMD’s AI infrastructure role after the Meta deal but did not publish a new price target in the note. Each firm maintained its existing rating while nudging price guidance higher.
Price targets and immediate market reaction
The updates accompanied small intraday pullbacks: KeyBanc’s note showed a -0.42% move, Evercore’s a -0.40% move, and Roth’s a -0.12% move. These percentages reflect short-term trading noise rather than wholesale sentiment reversal. Higher targets to $330 and $358 imply continued upside versus recent trading levels and support analyst confidence in revenue growth from AI demand.
What the ratings mean for investors
Maintained positive ratings mean analysts see continued structural strength, not a fresh signal to buy at any price. An investor should view the rated calls as endorsement of AMD’s growth path, especially in datacenter AI. Price targets show where analysts place fair value, but investors should weigh valuation, timing, and their risk tolerance before acting.
Historical context of AMD analyst coverage
AMD has drawn consistent coverage since its CPU and GPU resurgence. Over the past five years, the majority of major firms leaned bullish as AMD gained share versus incumbents. These February 24, 2026 notes fit a pattern of upward revisions tied to product cycles and large cloud deals. Past upgrades often preceded periods of stronger revenue and margin gains.
Meyka Grade and short-term outlook for AMD
Meyka AI rates AMD with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects solid fundamentals and catalyst visibility from AI demand, but also recognizes valuation and competition risks. Meyka’s platform provides AI-powered market analysis to track these ratings in real time.
Final Thoughts
The February 24, 2026 notes from KeyBanc, Evercore ISI and Roth Capital kept the AMD analyst rating on the positive side while lifting price targets. KeyBanc maintained Overweight and raised its target to $330. Evercore ISI maintained Outperform and raised its target to $358. Roth Capital maintained Buy and flagged the Meta deal as validation of AMD’s AI infrastructure role. For investors, maintained ratings plus higher targets suggest analysts expect more revenue and margin upside from AI and cloud demand. Those expectations support medium-term upside, but investors should compare targets to current price, evaluate valuation, and watch execution on datacenter orders. Market cap stands at $348,646,874,400, underscoring AMD’s large-cap status. Meyka AI rates AMD with a grade of B+, a measure that combines benchmark performance, sector positioning, growth, and analyst views. These grades are not guarantees and we are not financial advisors. Use analyst notes and your own checklist before making trades.
FAQs
What did the February 24, 2026 AMD analyst rating updates say?
On February 24, 2026 KeyBanc and Evercore ISI raised price targets and kept bullish ratings, while Roth Capital remained at Buy citing the Meta deal. All three maintained, not downgraded, their stances.
How should investors use the updated AMD price targets?
Price targets show analysts’ view of fair value. Use them as one input, compare to current price, and weigh growth forecasts, margins, and risk tolerance before trading.
Does a maintained positive AMD analyst rating mean buy now?
Maintained positive ratings signal confidence, not a timing call. Investors should assess valuation, earnings cadence, and their horizon before buying.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.