Intel (NASDAQ:INTC) Stock Price Target Cut by TD Cowen

20 Oct 2026, 09:08 by Jessica Moore · The Cerbat Gem

Intel (NASDAQ:INTC – Get Free Report) had its target price lowered by equities researchers at TD Cowen from $115.00 to $95.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “hold” rating on the chip maker’s stock. TD Cowen’s price objective indicates a potential upside of 3.23% from the company’s previous close.

A number of other analysts also recently issued reports on INTC. HC Wainwright set a $150.00 price target on Intel in a research report on Monday, June 29th. Truist Financial lifted their price target on shares of Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. Mizuho boosted their price objective on Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. HSBC restated a “buy” rating on shares of Intel in a research note on Friday, July 24th. Finally, Roth Capital increased their price target on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twenty-six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $107.98.

Get Our Latest Analysis on INTC

Intel Stock Up 2.4%

Shares of INTC opened at $92.03 on Monday. The stock has a market capitalization of $464.20 billion, a price-to-earnings ratio of -43.62, a price-to-earnings-growth ratio of 9.57 and a beta of 2.22. The business’s 50 day simple moving average is $102.94 and its 200-day simple moving average is $102.07. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel has a 1 year low of $32.89 and a 1 year high of $142.35.

Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities analysts expect that Intel will post 1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by insiders.

Institutional Trading of Intel

Several hedge funds have recently modified their holdings of INTC. Vestor Capital LLC purchased a new stake in shares of Intel during the 1st quarter valued at $9,441,000. World Investment Advisors grew its stake in Intel by 11.2% during the 1st quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock worth $2,775,000 after buying an additional 6,326 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in Intel during the 2nd quarter worth $4,995,000. Apollon Wealth Management LLC grew its stake in Intel by 19.7% during the 1st quarter. Apollon Wealth Management LLC now owns 245,436 shares of the chip maker’s stock worth $10,831,000 after buying an additional 40,331 shares during the last quarter. Finally, Western Wealth Management LLC increased its position in Intel by 57.7% during the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock valued at $937,000 after buying an additional 7,764 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: JPMorgan removed its bearish rating: Analyst Harlan Sur upgraded Intel from Underweight to Neutral, saying manufacturing execution, chip design and AI-related workloads are improving. The change followed a steep recent sell-off and helped restore investor confidence. The firm maintained an $85 price target. Intel Stock Surges After an Upgrade
Positive Sentiment: Tesla selected Intel’s future 14A process: Tesla is expected to become a foundry customer for Intel’s advanced 14A manufacturing technology. Combined with progress on the 18A node, the agreement gives Intel a concrete anchor customer for its costly foundry expansion and supports the turnaround narrative. Intel Lands a Major Customer for Its 14A Foundry Process
Positive Sentiment: AI infrastructure remains a potential tailwind: Intel has highlighted new GPU products for high-memory AI inference and Xeon-based systems for agentic AI workloads. Continued AI spending could support demand for Intel’s processors, accelerators and manufacturing services. Did Foundry Win Just Shift Intel Investment Narrative?
Neutral Sentiment: Investors are watching execution: Intel’s valuation remains demanding, while its turnaround depends on improving factory output, rebuilding server-market share and converting foundry announcements into revenue. The company’s recent quarter showed strong revenue growth and an EPS beat, but profitability remains weak.
Negative Sentiment: Semiconductor-sector pressure has returned: Nasdaq 100 futures and major chip stocks declined after Monday’s recovery, reflecting renewed concerns about AI spending returns, data-center capital expenditures and leverage across the AI ecosystem. Intel’s high beta makes it particularly sensitive to this shift in risk appetite. Nvidia, AMD and Intel Stocks Fall Again in Premarket
Negative Sentiment: JPMorgan’s target remains below the market: Although the rating upgrade is supportive, the $85 target signals that JPMorgan still sees downside risk from Intel’s execution challenges and competitive pressures, particularly from AMD.

Intel Company Profile

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Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.