Intel (NASDAQ:INTC) Price Target Raised to $108.00

Key Points

• Truist Financial raised Intel’s price target from $81 to $108 while keeping a Hold rating, implying about 13.5% upside from the current share price.
• Intel’s latest earnings beat expectations, with Q2 EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion expected, as sales rose roughly 25% year over year.
• Management also issued upbeat Q3 guidance and pointed to stronger AI infrastructure demand, Xeon server strength, and progress in foundry/18A production, helping fuel a more constructive analyst outlook.

Intel (NASDAQ:INTC - Get Free Report) had its price objective increased by Truist Financial from $81.00 to $108.00 in a research report issued on Friday,Benzinga reports. The firm currently has a "hold" rating on the chip maker's stock. Truist Financial's price target indicates a potential upside of 13.53% from the stock's current price.

A number of other equities analysts have also commented on INTC. Oppenheimer began coverage on Intel in a report on Thursday, June 11th. They issued an "outperform" rating for the company. Robert W. Baird set a $125.00 price objective on Intel in a report on Friday. KeyCorp set a $125.00 target price on Intel in a research note on Friday. Zacks Research raised Intel from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 23rd. Finally, Seaport Research Partners reiterated a "buy" rating and set a $125.00 price target on shares of Intel in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $107.67.

Intel Stock Performance

NASDAQ:INTC traded down $5.10 on Friday, reaching $95.13. 120,683,172 shares of the company's stock were exchanged, compared to its average volume of 120,334,148. The firm has a market cap of $478.14 billion, a price-to-earnings ratio of -153.44 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The stock has a fifty day simple moving average of $116.17 and a 200-day simple moving average of $77.97. Intel has a 52 week low of $18.97 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the firm posted ($0.10) earnings per share. The company's quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts predict that Intel will post 0.65 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the business's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

Institutional Trading of Intel

A number of large investors have recently modified their holdings of INTC. Southern Financial Group LLC grew its stake in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock worth $632,000 after buying an additional 90 shares in the last quarter. Harrell Investment Partners LLC raised its position in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock valued at $3,250,000 after buying an additional 100 shares in the last quarter. Wynn Capital LLC lifted its holdings in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after acquiring an additional 104 shares during the last quarter. Demars Financial Group LLC lifted its holdings in shares of Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker's stock worth $339,000 after acquiring an additional 125 shares during the last quarter. Finally, Human Investing LLC grew its position in Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock worth $641,000 after acquiring an additional 126 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported Q2 EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion expected, with sales up about 25% year over year — its fastest growth in more than 15 years. Intel blows past estimates, recording fastest sales growth in almost 15 years on 'unprecedented' demand
• Positive Sentiment: Management also raised Q3 guidance above consensus and pointed to surging AI infrastructure demand, strength in Xeon server CPUs, and progress in foundry/18A production, which supports the turnaround narrative. Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
• Positive Sentiment: Several analysts turned more constructive after the report, with firms lifting price targets and some reiterating Buy/overweight views, citing stronger server and foundry momentum. These Analysts Revise Their Forecasts On Intel Following Q2 Results
• Neutral Sentiment: The stock’s post-earnings move has been volatile, with some traders locking in gains and others waiting for proof that AI demand and foundry execution can sustain the rebound. Intel beats and raises, but Wall Street isn't buying the rally
• Neutral Sentiment: Mixed analyst commentary and price targets ranging widely suggest investors are still divided on how much of the turnaround is already priced in. Intel Stock Slips Despite Blowout Quarter: Here's What 4 Analysts Are Saying
• Negative Sentiment: Despite the strong report, Intel shares slipped at times as investors questioned whether the rally had run too far, especially given the stock’s sharp run-up this year and elevated valuation. Intel Stock Brushes Off Best Revenue in 15 Years

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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