Royal Bank Of Canada Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Key Points

• Royal Bank of Canada raised its Intel price target from $48 to $80 while keeping a "sector perform" rating, joining other firms that boosted targets even as the consensus rating remains "Hold" with an average target near $70.98.
• Shares surged about 23.1% to $82.19 after Intel reported blowout Q1 results (EPS $0.29 vs $0.01 expected; $13.58B revenue vs $12.32B est.) and issued stronger-than-expected guidance driven by AI-server demand.
• Momentum is supported by analyst upgrades and a high-profile foundry win (Tesla’s interest in Intel’s 14A), but sell-side skepticism on valuation and foundry margins, plus macro/geopolitical risks, leave upside uncertain.

Intel (NASDAQ:INTC - Get Free Report) had its target price increased by equities researchers at Royal Bank Of Canada from $48.00 to $80.00 in a note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has a "sector perform" rating on the chip maker's stock. Royal Bank Of Canada's price objective suggests a potential downside of 2.67% from the company's previous close.

A number of other brokerages have also recently commented on INTC. Raymond James Financial upgraded Intel from a "hold" rating to a "moderate buy" rating in a report on Tuesday. KeyCorp lifted their price objective on Intel from $65.00 to $70.00 and gave the company an "overweight" rating in a research note on Monday, April 6th. Jefferies Financial Group lifted their price objective on Intel from $60.00 to $80.00 and gave the company a "hold" rating in a research note on Friday. Melius Research set a $75.00 price objective on Intel in a research note on Friday, April 10th. Finally, New Street Research boosted their target price on Intel from $40.00 to $50.00 and gave the stock a "neutral" rating in a research note on Monday, January 26th. Eleven equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, Intel currently has a consensus rating of "Hold" and an average target price of $70.98.

Intel Trading Up 23.1%

Shares of NASDAQ:INTC traded up $15.41 during midday trading on Friday, reaching $82.19. 116,566,251 shares of the company's stock were exchanged, compared to its average volume of 109,127,477. The firm's 50 day simple moving average is $50.39 and its two-hundred day simple moving average is $44.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.02 and a quick ratio of 1.65. The stock has a market cap of $410.55 billion, a price-to-earnings ratio of -1,028.38, a P/E/G ratio of 14.44 and a beta of 1.35. Intel has a fifty-two week low of $18.97 and a fifty-two week high of $85.22.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.The firm had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period last year, the company earned $0.13 EPS. The company's quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts forecast that Intel will post 0.08 EPS for the current fiscal year.

Insider Activity at Intel

In other Intel news, EVP Boise April Miller sold 20,000 shares of Intel stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total transaction of $981,000.00. Following the transaction, the executive vice president owned 113,060 shares of the company's stock, valued at $5,545,593. The trade was a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP David Zinsner purchased 5,882 shares of the business's stock in a transaction on 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 transaction, the executive vice president owned 247,392 shares of the company's stock, valued at $10,514,160. This trade represents a 2.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.05% of the company's stock.

Institutional Inflows and Outflows

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

Intel News Roundup

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

Intel Company Profile

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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