Bank of America Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Intel (NASDAQ:INTC) had its price objective raised by Bank of America from $48.00 to $56.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. They currently have an underperform rating on the chip maker’s stock.

Several other research analysts have also recently weighed in on the stock. Tigress Financial restated a “buy” rating and issued a $66.00 price objective on shares of Intel in a research report on Wednesday, January 28th. Benchmark boosted their price objective on shares of Intel from $57.00 to $76.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Morgan Stanley upgraded shares of Intel from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. BNP Paribas Exane upgraded shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Tuesday. Finally, Jefferies Financial Group upped their target price on shares of Intel from $60.00 to $80.00 and gave the company a “hold” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $72.12.

Intel Stock Up 23.3%

Shares of INTC opened at $82.37 on Friday. The company has a market capitalization of $411.44 billion, a P/E ratio of -132.85, a PEG ratio of 14.78 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 has a one year low of $18.97 and a one year high of $85.22. The business’s 50 day simple moving average is $51.10 and its 200-day simple moving average is $44.32.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.40%. The firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the previous year, the company posted $0.13 EPS. Intel’s 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 predict that Intel will post 0.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 20,000 shares of Intel stock in a transaction on 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 owned 113,060 shares of the company’s stock, valued at approximately $5,545,593. The trade was a 15.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP David Zinsner bought 5,882 shares of the stock in a transaction on Monday, January 26th. The shares were acquired at an average cost of $42.50 per share, with a total value of $249,985.00. Following the acquisition, the executive vice president directly owned 247,392 shares in the company, valued at approximately $10,514,160. This trade represents a 2.44% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.05% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intel

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares in the last quarter. State Street Corp boosted its position in shares of Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors boosted its position in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Q1 beat and raised guidance — Intel reported revenue and EPS above Street forecasts and gave Q2 revenue guidance well above consensus, a direct catalyst for the rally. Intel forecasts second-quarter revenue above estimates (Reuters)
• Positive Sentiment: AI/data-center demand is driving durable revenue growth — Management cited “unprecedented” CPU demand for AI workloads and expanding data-center sales, which improves near-term revenue visibility and margins. Unprecedented demand has Intel stock soaring (Investopedia)
• Positive Sentiment: Tesla/14A foundry momentum — Tesla signaled it will use Intel’s 14A process for its Terafab AI chips, validating Intel’s foundry progress and adding a high‑profile customer to the pipeline. Elon Musk lays out Terafab AI chip project plan (Reuters)
• Positive Sentiment: Wall Street re-rates the story — Multiple firms raised price targets and upgraded ratings after the quarter, adding buying pressure and supporting higher valuation expectations. Citi and Evercore pile into Intel with huge price target hikes (247WallSt)
• Neutral Sentiment: Corporate governance update — Intel’s CFO (Dave Zinsner) has taken on the principal accounting officer role in addition to CFO duties; this is an internal organization change investors should note but it’s not an immediate financial catalyst. Intel CFO assumes additional role as principal accounting officer (TipRanks)
• Neutral Sentiment: Short interest ticked up — Short interest rose ~20.9% in mid‑April to ~144M shares (≈2.9% of float); the short‑interest ratio remains low (~1.2 days), so it’s a data point on positioning rather than an immediate squeeze signal.
• Negative Sentiment: Profit-taking/valuation risk — After a massive rally and fresh all‑time highs, analysts and market commentators caution the move may be stretched and vulnerable to a pullback; several firms still carry neutral/underperform views despite higher targets. Intel is breaking 2000s high: time to be careful (MarketBeat)

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.