Selected stock price target news of the day - June 13th, 2025

By: Matthew Otto

AMD Expands AI Ecosystem with New Platform Launch and a Crusoe Deal

At its 2025 Advancing AI event, AMD presented an expanded AI infrastructure roadmap, highlighting a full-stack offering that spans GPUs, CPUs, networking, and software.

AMD introduced the Instinct™ MI350 Series accelerators, which include the MI350X and MI355X models. These chips deliver a 4x increase in AI compute performance and a 35x improvement in inference over the previous generation. AMD also stated the MI350 Series achieved a 38x energy efficiency improvement in AI training compared to its 2020 baseline, exceeding its original five-year target of 30x.

Looking ahead, AMD set a new goal of improving rack-scale energy efficiency by 20x from 2024 to 2030. The upcoming “Helios” rack will integrate next-generation MI400 GPUs, which are expected to deliver up to 10x higher inference performance on Mixture of Experts models compared to the MI300 generation. AMD’s ROCm 7 software update adds expanded framework support and tools to support large-scale AI deployment.

Several partners discussed their current AMD deployments and future plans. Meta uses the MI300X to run Llama 3 and Llama 4 inference workloads and is evaluating MI350 for higher compute density and improved total cost of ownership. OpenAI confirmed use of MI300X for GPT models in production on Azure and is engaged in joint development around MI400. Microsoft and Cohere both run inference on MI300X chips, while Oracle Cloud Infrastructure plans to offer AI clusters using up to 131,072 MI355X GPUs.

Separately, cloud infrastructure startup Crusoe announced it will purchase approximately 13,000 MI355X chips from AMD, totaling an estimated $400 million. The GPUs will be deployed in a liquid-cooled data center in the U.S. set to open in fall 2025. The single-site facility will be capable of supporting multiple tenants or one large-scale user.

Analysts Maintain Bullish Ratings Amid AI Growth Outlook

Benchmark analyst Cody Acree reiterated a Buy rating and a $170 price target.
Stifel analyst Ruben Roy kept a Buy rating and a $132 price target.
Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating and a $140 price target.

Which Analyst has the best track record to show on AMD?

Analyst Stacy Rasgon (BERNSTEIN) currently has the highest performing score on AMD with 10/12 (83.33%) price target fulfillment ratio. His price targets carry an average of $8.74 (10.13%) potential upside. Advanced Micro Devices stock price reaches these price targets on average within 198 days.

RH Beats Q1 Earnings Estimates and Maintains Outlook Amid Tariff Mitigation Strategy

For the fiscal first quarter ended May 3, RH reported adjusted earnings per share of $0.13, surpassing the consensus estimate of a $0.07 loss. Net income totaled $8.04 million, or $0.4 per share, compared to a net loss of $3.63 million, or $0.2 per share, in the same quarter last year.

Revenue came in slightly below estimates at $814 million, just under the $818 million expected by analysts. RH maintained its full-year revenue growth forecast of 10% to 13%, despite facing headwinds from a weak housing market and elevated tariffs.

CEO Gary Friedman said RH is actively reducing its reliance on Chinese manufacturing, expecting receipts from China to fall from 16% in Q1 to just 2% in Q4. By year-end, RH projects 52% of its upholstered furniture will be U.S.-made and 21% sourced from Italy.

RH expects full-year adjusted operating margins between 14% and 15%, adjusted EBITDA margins of 20% to 21%, and free cash flow of $250 million to $350 million. For Q2, RH anticipates revenue growth of 8% to 10%, an adjusted operating margin of 15% to 16%, and adjusted EBITDA margins between 20.5% and 21.5%.

Analysts Adjust Price Targets Following Q1 Earnings and Updates

Wells Fargo analyst Zachary Fadem maintained an Overweight rating while lifting the price target from $250 to $275.
Telsey Advisory Group analyst Cristina Fernandez kept an Outperform rating and the price target at $255.
UBS analyst Michael Lasser reiterated a Neutral rating and a $215 price target.
Jefferies analyst Jonathan Matuszewski raised the price target from $208 to $209.

Which Analyst has the best track record to show on RH?

Analyst Zachary Fadem (WELLS FARGO) currently has the highest performing score on RH with 25/31 (80.65%) price target fulfillment ratio. His price targets carry an average of $150.61 (100.82%) potential upside. RH stock price reaches these price targets on average within 104 days.

Adobe Raises FY25 Guidance Following Q2 Results and Continued AI Momentum

Adobe Systems posted second-quarter fiscal 2025 revenue of $5.87 billion, representing 11% year-over-year growth and exceeding the consensus estimate of $5.8 billion. Earnings per share came in at $5.06, $0.09 above analysts’ expectations of $4.97.

Adobe reported operating income of $2.11 billion and net income of $1.69 billion, with $2.19 billion in cash flows from operations. The Digital Media segment generated $4.35 billion in revenue, an 11% increase, while Digital Experience revenue reached $1.46 billion, up 10% year-over-year. Adobe also reported annualized recurring revenue for Digital Media at $18.09 billion, up 12.1% from the prior year, and repurchased approximately 8.6 million shares during the quarter.

Adobe raised its full-year fiscal 2025 guidance, now expects earnings per share between $20.5 and $20.7, ahead of the $20.36 consensus, and revenue between $23.5 billion and $23.6 billion, exceeding the $23.455 billion average forecast. For the third quarter, Adobe projects revenue between $5.875 billion and $5.925 billion and EPS between $5.15 and $5.2—both ranges above analyst expectations.

Analysts Adjust Price Targets Following Q2 Beat and Outlook

Wells Fargo analyst Michael Turrin maintained an Overweight rating and raised the price target from $430 to $470.
BMO Capital analyst Keith Bachman reiterated an Outperform rating and the price target at $450.
Stifel analyst Parker Lane maintained a Buy rating but reduced the price target from $525 to $480.
RBC Capital analyst Matthew Swanson reaffirmed an Outperform rating and the price target at $480.
Mizuho analyst Gregg Moskowitz lowered the price target from $550 to $530.
UBS analyst Karl Keirstead reiterated a Neutral rating and the price target at $430.
Oppenheimer analyst Brian Schwartz kept an Outperform rating but reduced the price target from $530 to $500.

Which Analyst has the best track record to show on ADBE?

Analyst Jackson Ader (KEYBANK) currently has the highest performing score on ADBE with 3/3 (100%) price target fulfillment ratio. His price targets carry an average of $12.16 (3.22%) potential upside. Adobe Systems stock price reaches these price targets on average within 103 days.