Intel (NASDAQ:INTC) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

24 Apr 2026, 15:40 by Michael Walen · The Markets Daily

Intel (NASDAQ:INTC – Get Free Report) had its price target boosted by equities researchers at JPMorgan Chase & Co. from $35.00 to $45.00 in a note issued to investors on Friday,MarketScreener reports. The firm currently has an “underweight” rating on the chip maker’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 45.13% from the company’s current price.

Several other research firms have also recently weighed in on INTC. TD Cowen upped their price target on shares of Intel from $50.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, April 10th. KGI Securities cut Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price for the company. in a research report on Monday. Susquehanna upped their target price on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday. Benchmark raised their price target on Intel from $76.00 to $105.00 and gave the company a “buy” rating in a report on Friday. Finally, Citigroup assumed coverage on Intel in a research report on Tuesday. They set a “buy” rating and a $95.00 price target for the company. Eleven research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $70.98.

Check Out Our Latest Analysis on Intel

Intel Stock Performance

NASDAQ:INTC traded up $15.24 during trading hours on Friday, reaching $82.02. The stock had a trading volume of 77,648,472 shares, compared to its average volume of 108,423,625. The stock 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 stock has a 50 day simple moving average of $50.39 and a 200 day simple moving average of $44.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.65 and a current ratio of 2.02. Intel has a 12-month low of $18.97 and a 12-month high of $85.22.

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

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Intel in the 4th quarter worth approximately $2,233,159,000. Capital World Investors increased its position in Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares in the last quarter. Capital Research Global Investors increased its position in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. raised its stake in Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

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

About Intel

(Get Free Report)

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.