Selected stock price target news of the day - October 7th, 2025

By: Matthew Otto

AMD Signs 6-Gigawatt GPU Supply Deal with OpenAI to Support Expanding AI Compute Demand

AMD disclosed a multi-year agreement with OpenAI to supply up to 6 gigawatts of Instinct™ GPUs, beginning with an initial 1-gigawatt rollout of the MI450 Series in late 2026. The arrangement, one of the largest GPU infrastructure deals announced to date, is structured across multiple hardware generations and will scale to meet OpenAI’s expanding compute requirements.

Based on comparable installations, 6 gigawatts of GPU capacity could support approximately 300,000 to 400,000 high-performance servers, enabling training and deployment of large-scale AI models used by millions of end users globally. As part of the agreement, AMD issued OpenAI a warrant for up to 160 million shares of its common stock.

AMD estimates the partnership could generate tens of billions of dollars in cumulative revenue and contribute to earnings-per-share growth over the next five to seven years, according to company filings. The collaboration builds on AMD’s earlier work with OpenAI involving the MI300X and MI350X GPU platforms, extending into upcoming product

Industry analysts estimate that a 6-gigawatt GPU deployment could power workloads equivalent to more than 50 exaflops of AI compute, representing a portion of the projected global demand for AI accelerators by 2028. The agreement reflects AMD’s continued effort to expand its footprint in the data center and AI infrastructure markets, where total worldwide spending is expected to surpass $200 billion annually by 2030.

Analysts Lift AMD Price Targets by 36% on Average, Reflecting Mixed Ratings

Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating while raising the price target from $168 to $246.
Jefferies analyst Blayne Curtis upgraded from Hold to Buy and the price target from $170 to $300.
Piper Sandler analyst Harsh Kumar kept a Neural stance and raised his target from $190 to $240.
Citi analyst Christopher Danely reiterated a Neutral rating as he raises the target from $180 to $215.

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

Analyst Stacy Rasgon (BERNSTEIN) currently has the highest performing score on AMD with 10/13 (76.92%) price target fulfillment ratio. His price targets carry an average of $-17 (-10.83%) potential downside. Advanced Micro Devices stock price reaches these price targets on average within 198 days.

Targa Resources Launches Infrastructure Expansion to Support Permian Basin Growth

Targa Resources announced several major expansion projects aimed at supporting increasing natural gas and natural gas liquids (NGL) production in the Permian Basin. The company revealed plans for the Speedway NGL Pipeline, a 500-mile, 30-inch diameter system designed to move up to 500,000 barrels per day (MBbl/d) initially—expandable to 1 million barrels per day—to its Mont Belvieu, Texas, complex.

The Speedway project, estimated at $1.6 billion, is expected to enter service by the third quarter of 2027. Targa’s existing NGL network currently handles about 1 million barrels per day, including new output from the Pembrook II plant in the Permian Midland that came online earlier this year.

Additionally, Targa will construct the Yeti gas processing plant, a 275 million cubic feet per day (MMcf/d) facility slated for completion in late 2027. This project forms part of a broader buildout of five new gas processing plants across the Permian, with a combined capacity of 1.4 billion cubic feet per day (Bcf/d) and projected NGL output between 175,000 and 200,000 barrels per day.

Complementing these efforts, Targa also announced Buffalo Run—a 35-mile new natural gas pipeline and a 55-mile conversion of an existing line—which, together with the Bull Run Extension, will enhance system connectivity and flow assurance between the Midland and Delaware Basins by early 2028. Total growth capital expenditures for 2025 are now projected at approximately $3.3 billion.

J.P. Morgan Analyst Lifts Targa Resources Target by 0.5%, Keeps Rating

JP Morgan analyst Jeremy Tonet maintains Targa Resources with a Overweight and raises the price target from $214 to $215.

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

Analyst Gabriel Moreen (MIZUHO) currently has the highest performing score on TRGP with 17/21 (80.95%) price target fulfillment ratio. His price targets carry an average of $39.24 (23.39%) potential upside. Targa Resources stock price reaches these price targets on average within 337 days.

Duke Energy Explores New Nuclear Reactors and Coal Plant Extensions Amid Rising Power Demand

Duke Energy has filed its 2025 Carolinas Resource Plan with state regulators, detailing potential measures to meet a sharp increase in electricity demand across North and South Carolina. The company projects that power needs in the region will expand eight times faster over the next 15 years than in the past 15, largely due to growing electricity use from AI data centers, transportation electrification, and manufacturing activity.

To meet this demand, Duke is studying the addition of large light-water reactors and small modular reactors, with possible development sites at Belews Creek, North Carolina, and the W.S. Lee site, South Carolina, targeting 2037 for potential operation. The plan also includes proposals to extend the life of several coal plants by two to four years, citing recent federal policy shifts, while maintaining the goal of retiring older coal units once replacement resources become available. The resource plan, which runs through 2040, also outlines infrastructure adjustments across multiple energy sources.

Duke intends to increase battery storage capacity to 5,600 megawatts (MW) by 2034, up from earlier projections, and maintain 4,000 MW of solar capacity. The company stated that onshore wind power remains uneconomical for the Carolinas through 2040. To enhance reliability and manage fuel price volatility, Duke plans to add two combustion turbines to the five natural gas combined-cycle units proposed in 2023, along with expanded liquefied natural gas storage. Upgrades to existing nuclear and hydropower facilities could add approximately 600 MW of additional clean generation capacity.

Evercore ISI Analyst Initiates Duke Energy Coverage with Outperform Rating

Evercore ISI Group analyst Nicholas Amicucci initiated with an Outperform rating and announced a Price Target of $143.

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

Analyst Nicholas Campanella (BARCLAYS) currently has the highest performing score on DUK with 10/11 (90.91%) price target fulfillment ratio. His price targets carry an average of $9.08 (7.97%) potential upside. Duke Energy stock price reaches these price targets on average within 283 days.