Wall Street analysts update Intel price targets ahead of earnings

Wall Street analysts have updated their price targets for Intel ahead of the company's second quarter 2026 earnings report, which is scheduled for July 23. While the overall consensus rating remains a hold, several major firms have raised their targets due to improving server demand, artificial intelligence growth, and manufacturing progress.

Data shows that 36 analysts currently covering Intel have assigned ten buy ratings, 24 hold ratings, and two sell ratings. The average 12 month price target sits at $113.72, which suggests a potential upside from recent closing prices. Consensus estimates currently point to adjusted earnings per share of $0.21 on revenue of about $14.4 billion.

Firms like KeyBanc and HSBC have significantly bumped up their targets, citing strong server processor demand and improving manufacturing yields. On the other hand, some analysts remain cautious about potential risks in the personal computer market and manufacturing execution. Traders will watch the upcoming earnings report closely for fresh insights into Intel's turnaround strategy.