DA Davidson Increases Intel (NASDAQ:INTC) Price Target to $77.00

Key Points

• DA Davidson raised its price target on Intel to $77 (from $45) but kept a "neutral" rating, a target that implies about a 6.12% downside from the stock's then-current price.
• Multiple firms turned more constructive—HSBC moved to a "buy" with a $95 target, Morgan Stanley to "overweight," and RBC to $80—yet the MarketBeat consensus remains a "Hold" with a $70.98 target.
• Intel reported a blowout Q1 ( $0.29 EPS vs ~$0.01 expected; $13.58B revenue) and gave strong Q2 guidance, sending the stock up to about $82; Tesla's decision to use Intel's 14A foundry for Terafab AI chips further validates Intel's foundry prospects.

Intel (NASDAQ:INTC - Get Free Report) had its price objective boosted by research analysts at DA Davidson from $45.00 to $77.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a "neutral" rating on the chip maker's stock. DA Davidson's target price would suggest a potential downside of 6.12% from the stock's current price.

Several other research analysts also recently commented on the stock. HSBC upgraded shares of Intel from a "hold" rating to a "buy" rating and boosted their price objective for the company from $50.00 to $95.00 in a research report on Tuesday. Morgan Stanley upgraded Intel from an "equal weight" rating to an "overweight" rating in a research note on Tuesday. Cantor Fitzgerald boosted their price target on Intel from $45.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday. Deutsche Bank Aktiengesellschaft upped their price objective on Intel from $45.00 to $63.00 and gave the stock a "hold" rating in a research report on Friday. Finally, Royal Bank Of Canada lifted their target price on Intel from $48.00 to $80.00 and gave the company a "sector perform" rating in a research report on Friday. Eleven research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $70.98.

Intel Price Performance

Intel stock traded up $15.24 during trading hours on Friday, reaching $82.02. 77,648,472 shares of the stock were exchanged, compared to its average volume of 108,423,625. The company has a market cap of $409.68 billion, a P/E ratio of -1,020.17, a price-to-earnings-growth ratio of 14.44 and a beta of 1.35. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.35. Intel has a twelve month low of $18.97 and a twelve month high of $85.22. The stock has a 50 day moving average of $50.39 and a two-hundred day moving average of $44.00.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period last year, the firm earned $0.13 EPS. The business's quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities analysts expect that Intel will post 0.08 EPS for the current fiscal year.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 20,000 shares of the company's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the completion of the transaction, the executive vice president owned 113,060 shares of the company's stock, valued at $5,545,593. This represents a 15.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP David Zinsner purchased 5,882 shares of the business's stock in a transaction dated Monday, January 26th. The shares were purchased at an average cost of $42.50 per share, for a total transaction of $249,985.00. Following the completion of the purchase, the executive vice president directly owned 247,392 shares of the company's stock, valued at approximately $10,514,160. This represents a 2.44% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.05% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Financially Speaking Inc increased its position in Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC acquired a new position in shares of Intel during the fourth quarter worth $26,000. Corundum Trust Company INC bought a new stake in shares of Intel in the third quarter worth $29,000. Raleigh Capital Management Inc. bought a new stake in shares of Intel in the fourth quarter worth $29,000. Finally, Swiss RE Ltd. acquired a new stake in Intel in the fourth quarter valued at $29,000. Institutional investors own 64.53% of the company's stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Blowout Q1 results and stronger-than-expected guidance: Intel reported $0.29 EPS vs ~$0.01 expected and $13.6B revenue (beat). Q2 revenue guidance of $13.8–$14.8B and EPS guidance above Street estimates signaled durable AI-driven server-chip demand and underpins the rally. Intel set for record high — Reuters
• Positive Sentiment: Tesla / 14A foundry validation: Elon Musk said Tesla will use Intel’s 14A process for its Terafab AI chips — a high-profile external customer that improves Intel’s foundry credibility and future revenue optionality. Musk lays out Terafab — Reuters
• Positive Sentiment: Wall Street turns more constructive: Several top analysts raised price targets and coverage became more bullish after the quarter, helping sustain momentum in pre-market and futures trading. Analysts raise targets — TipRanks
• Neutral Sentiment: Sector and index flow: Intel’s report boosted semiconductor ETFs and tech futures, lifting peers (AMD, Arm) in sympathy; that broad market dynamic is supporting the stock but may limit standalone moves. ETF/sector lift — Benzinga
• Neutral Sentiment: Investor debate on sustainability of gains: commentary ranges from believers (CPU “renaissance” driven by AI) to skeptics who say the rally has priced in a lot of the upside; expect volatility as investors reprice execution and foundry margins. Are expectations too high? — MarketWatch
• Negative Sentiment: Valuation and lingering sell-side skepticism: some firms (e.g., Rosenblatt) raised price targets but kept bearish ratings; concerns persist about whether foundry economics and long-term margins will meet current valuations. Rosenblatt target/rating — Benzinga
• Negative Sentiment: Macro and geopolitical risk: ongoing Middle East uncertainty and elevated oil prices are cited as potential drags on broader market sentiment — these factors could cap gains even as Intel-specific news is strong. Market context — Investopedia

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel's core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel's product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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