Intel (INTC) Stock Forecast & Price Target

$23.13 -0.92 (-3.83%)

(As of 01:03 PM ET)

Intel - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 31 Analyst Ratings

Sell
5

Hold
25

Buy
1

Based on 31 Wall Street analysts who have issued ratings for Intel in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 31 analysts, 5 have given a sell rating, 25 have given a hold rating, and 1 has given a buy rating for INTC.

Consensus Price Target

$30.12
30.20% Upside

According to the 31 analysts' twelve-month price targets for Intel, the average price target is $30.12. The highest price target for INTC is $62.00, while the lowest price target for INTC is $17.00. The average price target represents a forecasted upside of 30.20% from the current price of $23.13.

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INTC Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	25 Hold rating(s)	24 Hold rating(s)	24 Hold rating(s)	19 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	5 Sell rating(s)	4 Sell rating(s)
Consensus Price Target	$30.12	$30.80	$32.04	$35.68
Forecasted Upside	30.20% Upside	34.38% Upside	59.16% Upside	-19.34% Downside
Consensus Rating	Reduce	Reduce	Reduce	Hold

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INTC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

INTC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Intel Stock vs. The Competition

Type	Intel	Computer and Technology Companies	S&P 500
Consensus Rating Score	1.87	2.68	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	29.36% Upside	280.18% Upside	6.48% Upside
News Sentiment Rating	Positive News See Recent INTC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2024	Mizuho 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$22.00 ➝ $23.00	-0.17%
11/1/2024	Northland Securities 4 of 5 stars		Lower Target	Outperform ➝ Outperform	$42.00 ➝ $28.00	+21.53%
11/1/2024	Truist Financial 2 of 5 stars		Boost Target	Hold ➝ Hold	$25.00 ➝ $26.00	+13.04%
11/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$20.00 ➝ $25.00	+8.84%
11/1/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
11/1/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Acree Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
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10/29/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sell ➝ Sell	$17.00 ➝ $17.00	-26.18%
10/25/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Hold	$28.00 ➝ $25.00	+8.18%
10/17/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Toshiya Hari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sell ➝ Sell	$22.00 ➝ $21.00	-7.28%
10/3/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$27.00 ➝ $25.00	+13.28%
9/16/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Buchalter Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/26/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/6/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kelleher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
8/2/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	F. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Moderate Sell
8/2/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$37.00 ➝ $32.00	+51.23%
8/2/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$35.00 ➝ $25.00	+18.60%
8/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$40.00 ➝ $25.00	+19.56%
8/2/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$40.00 ➝ $27.00	+30.25%
8/2/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$32.50 ➝ $25.00	+18.54%
8/2/2024	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Ferragu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$35.00 ➝ $26.00	-10.50%
8/2/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$36.00 ➝ $25.00	-13.94%
8/2/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$35.00 ➝ $26.00	-10.50%
8/2/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Pajjuri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
8/2/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Reduce
8/2/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$35.00 ➝ $23.00	-20.83%
5/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold ➝ Hold	$42.00 ➝ $34.00	+13.90%
4/26/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $38.00	+19.87%
4/26/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	In-Line ➝ In-Line	$40.00 ➝ $36.00	+2.53%
4/26/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$42.00 ➝ $35.00	-0.31%
4/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$47.50 ➝ $40.00	+11.20%
8/4/2023	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$72.00 ➝ $46.00	+31.69%
7/28/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$32.00 ➝ $36.00	-0.36%
5/31/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
3/30/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Caso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$25.00	-22.09%
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$31.00 ➝ $26.00	-13.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:45 PM ET.

Should I Buy Intel Stock? INTC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, November 23, 2024. Please send any questions or comments about these Intel pros and cons to contact@marketbeat.com.

Intel
Bull Case

Here are some ways that investors could benefit from investing in Intel Co.:

Current stock price is $24.43, which may present a buying opportunity for investors looking for value in a well-established company.
Intel Co. reported revenue of $13.30 billion for the latest quarter, exceeding analyst estimates of $13.02 billion, indicating strong sales performance.
The company operates in multiple segments, including Data Center and AI, which are critical growth areas in technology, potentially leading to future revenue increases.
Despite recent challenges, Intel Co. has a market capitalization of $105.35 billion, reflecting its significant size and stability in the tech industry.
Analysts have a consensus rating of "Hold" with an average price target of $30.12, suggesting potential upside for investors if the stock price aligns with analyst expectations.

Intel
Bear Case

Investors should be bearish about investing in Intel Co. for these reasons:

Intel Co. reported a loss of ($0.46) earnings per share, significantly missing the consensus estimate of ($0.02), which raises concerns about profitability.
The company has a negative net margin of 29.42%, indicating that it is currently spending more than it earns, which could be a red flag for investors.
Insider ownership is only 0.04%, suggesting that executives may not have significant personal investment in the company's success, which can be a concern for potential investors.
Six analysts have rated the stock with a sell rating, indicating a lack of confidence in the company's short-term performance.
The stock has a PE ratio of -6.57, which means it is currently not generating positive earnings, making it less attractive for growth-focused investors.

INTC Forecast - Frequently Asked Questions

: According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Intel is $30.12, with a high forecast of $62.00 and a low forecast of $17.00.
: 31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intel in the last twelve months. There are currently 5 sell ratings, 25 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" INTC shares.
: According to analysts, Intel's stock has a predicted upside of 30.20% based on their 12-month stock forecasts.
: Over the previous 90 days, Intel's stock had 1 upgrade by analysts.
: Intel has been rated by research analysts at Benchmark, Deutsche Bank Aktiengesellschaft, Mizuho, Needham & Company LLC, Northland Securities, Robert W. Baird, Rosenblatt Securities, Stifel Nicolaus, TD Cowen, The Goldman Sachs Group, and Truist Financial in the past 90 days.
: Analysts like Intel less than other "computer and technology" companies. The consensus rating for Intel is Reduce while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how INTC compares to other companies.

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This page (NASDAQ:INTC) was last updated on 11/27/2024 by MarketBeat.com Staff

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Intel (INTC) Stock Forecast & Price Target