AMD gets another downgrade. Here’s why analysts are souring on the stock. - MarketWatch
1. Wolfe Research downgrades AMD from outperform to peer perform due to dampened GPU revenue expectations. 2. Projected revenue from data-center GPUs is cut to $7 billion for 2025. 3. Analyst doubts AMD can provide a full-year outlook in February’s earnings call. 4. AMD's stock has decreased 25% over the past 12 months amid bearish sentiment. 5. Some analysts remain bullish, but sentiment for AMD appears low currently.