Wall Street analysts are betting big on Advanced Micro Devices (NASDAQ: AMD) and Uber Technologies (NYSE: UBER), predicting both companies could surpass the $200 billion market cap milestone within the next year. With ambitious price targets, analysts anticipate over 50% upside for each stock, making them compelling picks for growth-focused investors.
🚦 AMD: 52% Upside as Data Center AI Sales Gain Momentum
Jim Kelleher at Argus Research has set a 12-month price target of $160 per share for AMD, implying a 52% increase from its current price of around $105. If achieved, that would give AMD a $260 billion market cap, placing it among the top chipmakers in the world.
AMD, which designs CPUs, GPUs, and embedded processors, has been steadily gaining market share from Intel in the client and data center segments. However, it still lags behind Nvidia in the lucrative AI accelerator market. Despite falling short of data center sales estimates in its recent earnings, AMD delivered strong Q4 results:
- Revenue surged 24% year-over-year to $7.6 billion.
- Non-GAAP net income climbed 42% to $1.09 per diluted share.
During the earnings call, CEO Lisa Su expressed optimism, projecting that AMD’s data center AI revenue will grow from $5 billion in 2024 to “tens of billions of dollars” annually in the coming years.
Kelleher believes AMD’s market share expansion in CPUs, console gaming dominance, and a rapidly growing embedded business make it well-positioned for long-term outperformance. He argues that AMD’s current 32x earnings multiple undervalues its future potential, especially as data center GPU revenue accelerates in late 2025.
🚕 Uber: 55% Upside as Profitability Strengthens
Mark Mahaney at Evercore has a 12-month price target of $115 per share for Uber, projecting a 55% gain from its current level of $74. That would bring Uber’s market cap to $240 billion, further solidifying its status as a tech titan.
Uber continues to benefit from its diversified business model, which includes ride-hailing, food delivery (Uber Eats), and freight services. The company has consistently expanded its profit margins and improved operational efficiency.
Investors are particularly bullish on Uber’s growth potential in the mobility and delivery segments, where it has steadily gained market share. The company’s increased focus on autonomous vehicles and partnerships with AI-driven logistics platforms could unlock additional growth drivers.
📈 Why AMD and Uber Are Attractive Now
Both AMD and Uber offer compelling growth stories backed by strong fundamentals:
✅ AMD’s AI potential: While it trails Nvidia in the GPU space, AMD’s AI accelerator sales are expected to ramp up, unlocking new revenue streams.
✅ Uber’s profitability push: The company’s improved margins and expansion into autonomous technology could significantly boost earnings.
💡 Investment Insight
With analysts projecting 50%+ upside potential, both AMD and Uber could be attractive picks for investors seeking high-growth opportunities. While AMD offers exposure to the AI revolution and semiconductor expansion, Uber’s strengthening fundamentals and growing market dominance make it a formidable player in the transportation and logistics sectors.
For long-term investors, opening or adding to positions in AMD and Uber ahead of their anticipated growth could prove to be a profitable move.
