Piper Sandler Sees Helios Ramp and OpenAI Driving AMD Upside

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the AI Stocks in Focus on Wall Street. On January 26, Piper Sandler analyst Harsh Kumar raised the price target on the stock to $300.00 (from $280.00) while maintaining an “Overweight” rating. The firm remains enthusiastic about AMD’s prospects as it heads into the year, highlighting 2026 ramp of Helios and OpenAI contract as major tailwinds. Expecting Top-Line Upside of ~$200M; Overall, we remain very enthusiastic about AMD's prospects going into 2026 ...