Key Highlights

● Intel closed at $89.85 on October 16, trading below the analyst target.

● The consensus 12-month price target is $118.05, implying about 31.4% upside.

● Analysts are split 15 Buy, 32 Hold, and 2 Sell on the stock.

● Targets range from $80 to $200 across 49 analysts.

Intel (NASDAQ:INTC) closed at $89.85 on October 16, 2026, according to market data. The consensus analyst price target is $118.05, which implies potential upside of about 31.4% from that close, although targets are forecasts and not guarantees. Intel is a member of the S&P 500. The shares are in focus after a 5.79% fall on Friday and ahead of earnings in under two weeks.

What Is the Latest Analyst Price Target?

Based on 49 analysts, the mean price target is $118.05 and the median is $115. The highest target is $200 and the lowest is $80. The consensus rating is Buy. If the consensus proves accurate, the shares would trade about 31.4% above the Friday close, but the target is a twelve-month style estimate that depends on many assumptions.

What Are Analysts Saying?

The rating split is 15 Buy, 32 Hold, 2 Sell. Recent actions include KeyBanc (Buy, $155, 15 October), Bank of America Securities (Buy, maintained, 12 October), Susquehanna (Hold, target raised from $80 to $115, 12 October), Mizuho (Hold, $92 to $114, 6 October) and TD Cowen (Hold, $115, 24 September). Different data providers can show slightly different figures, so readers should treat the consensus as an approximate guide rather than a precise measure.

Intel reported second-quarter 2026 results on 23 July: revenue of $16.1 billion, up 25% year on year, and non-GAAP earnings of $0.42 per share. Third-quarter guidance was revenue of $15.8 billion to $16.8 billion and non-GAAP earnings of $0.38 per share with a 42.0% non-GAAP gross margin. The company highlighted Xeon 6+ on its Intel 18A process and high-volume manufacturing of some Panther Lake processors using High NA EUV technology.

What Could Help the Stock Reach the Price Target?

Management described AI-driven compute demand as unprecedented and the second quarter as its strongest revenue growth in more than fifteen years, with data-centre sales reported up 59%. Continued execution on the 18A process and foundry ramp could support estimates, and the KeyBanc target of $155 shows that some brokers see substantial room above the current share price. The consensus target suggests analysts expect earnings to grow, but that outcome is not certain.

What Could Prevent the Stock Reaching the Target?

The rating split is notably cautious, with 32 of 49 analysts at Hold, and the lowest target of $80 sits below the current price. Intel's foundry unit continues to post losses, and GAAP earnings in the second quarter were negative at $(2.16) per share, largely because of a $12.5 billion mark-to-market loss on escrowed shares. The shares fell 5.79% on 16 October, illustrating volatility. Broader market sentiment, interest rates and competition could also weigh on the shares.

What Should Investors Watch Next?

Intel will report third-quarter 2026 results on Thursday October 29, 2026 after the market closes, with a call at 2 p.m. Pacific. Investors will compare outcomes with the guided $15.8 billion to $16.8 billion revenue range and $0.38 non-GAAP earnings per share, and with foundry progress. Investors may also watch further broker target revisions, which can shift the consensus quickly.

Big Upside, Bigger Questions

Intel (INTC) closed at $89.85 against a consensus target of $118.05, a gap of about 31.4%. The consensus target suggests analysts see room for appreciation, but forecasts can be wrong and the range of targets, from $80 to $200, shows genuine disagreement.