Bank of America Increases Intel (NASDAQ:INTC) Price Target to $56.00

Intel (NASDAQ:INTC) had its price objective lifted by stock analysts at Bank of America from $48.00 to $56.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has an “underperform” rating on the chip maker’s stock. Bank of America‘s price objective suggests a potential downside of 31.72% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Mizuho boosted their price objective on Intel from $48.00 to $59.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. DZ Bank reiterated a “sell” rating on shares of Intel in a report on Monday, January 26th. Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Roth Mkm upgraded Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Friday. Finally, UBS Group set a $51.00 price objective on shares of Intel in a research report on Monday, February 2nd. Eleven research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $70.98.

Intel Trading Up 22.8%

NASDAQ INTC traded up $15.24 during mid-day trading on Friday, reaching $82.02. 77,648,472 shares of the stock were exchanged, compared to its average volume of 108,423,625. Intel has a one year low of $18.97 and a one year high of $85.22. The stock has a 50 day simple moving average of $50.39 and a 200-day simple moving average of $44.00. The stock has a market cap of $409.68 billion, a P/E ratio of -1,020.17, a P/E/G ratio of 14.44 and a beta of 1.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.02 and a quick ratio of 1.65.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share. 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. On average, analysts anticipate that Intel will post 0.08 EPS for the current year.

Insider Activity at Intel

In other Intel news, EVP David Zinsner acquired 5,882 shares of the company’s stock in a transaction on Monday, January 26th. The shares were purchased at an average cost of $42.50 per share, with a total value of $249,985.00. Following the completion of the purchase, the executive vice president owned 247,392 shares of the company’s stock, valued at approximately $10,514,160. This represents a 2.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction of $981,000.00. Following the completion of the sale, the executive vice president owned 113,060 shares in the company, valued at $5,545,593. This represents a 15.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of INTC. Defined Wealth Management LLC grew its holdings in Intel by 2.0% during the first quarter. Defined Wealth Management LLC now owns 7,576 shares of the chip maker’s stock worth $334,000 after buying an additional 149 shares in the last quarter. Essex Bank lifted its stake in Intel by 1.6% during the 1st quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock valued at $457,000 after acquiring an additional 162 shares in the last quarter. First Pacific Financial lifted its stake in Intel by 19.8% during the 1st quarter. First Pacific Financial now owns 1,000 shares of the chip maker’s stock valued at $44,000 after acquiring an additional 165 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in Intel by 1.8% during the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 11,355 shares of the chip maker’s stock worth $501,000 after acquiring an additional 199 shares during the last quarter. Finally, Inman Jager Wealth Management LLC grew its stake in shares of Intel by 2.5% in the 1st quarter. Inman Jager Wealth Management LLC now owns 8,125 shares of the chip maker’s stock worth $359,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel News Summary

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.