Intel (INTC) Stock Forecast & Price Target

$22.44

+0.13 (+0.58%)

(As of 10/17/2024 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 30 Analyst Ratings

Sell
5

Hold
24

Buy
1

Based on 30 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 30 analysts, 5 have given a sell rating, 24 have given a hold rating, and 1 has given a buy rating for INTC.

Consensus Price Target

$31.92
42.26% Upside

According to the 30 analysts' twelve-month price targets for Intel, the average price target is $31.92. 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 42.26% from the current price of $22.44.

Get the Latest News and Ratings for INTC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Intel and its competitors.

INTC Analyst Ratings Over Time

Type	Current Forecast 10/19/23 to 10/18/24	1 Month Ago 9/19/23 to 9/18/24	3 Months Ago 7/21/23 to 7/20/24	1 Year Ago 10/19/22 to 10/19/23
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)	5 Buy rating(s)	6 Buy rating(s)
Hold	24 Hold rating(s)	24 Hold rating(s)	22 Hold rating(s)	22 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	3 Sell rating(s)	5 Sell rating(s)
Consensus Price Target	$31.92	$32.04	$39.25	$34.58
Forecasted Upside	42.26% Upside	54.25% Upside	19.01% Upside	-3.07% Downside
Consensus Rating	Reduce	Reduce	Hold	Hold

3 Billionaires Dump Nvidia Shares. What Do They Know That You Don’t? (Ad)

Dan Ferris's research has been trusted by names at America's top investment banks, like JP Morgan and Barclays. And today, he says, moving a portion of your wealth to a unique, relatively unknown investment could protect you from a new looming financial crisis. And it could also grow your wealth many times over... while most people face a stagnant market.

Click here to view Dan Ferris's new warning for America.

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	2.67	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	42.26% Upside	1,284.41% Upside	6.38% Upside
News Sentiment Rating	Neutral 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
10/17/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Sell ➝ Sell	$22.00 ➝ $21.00	-7.28%
10/3/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Lower Target	Hold ➝ Hold	$27.00 ➝ $25.00	+13.28%
9/23/2024	Benchmark 2 of 5 stars	C. Acree Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
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
8/8/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$36.00 ➝ $22.00	+15.85%
Get the Latest News and Ratings for INTC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Intel and its competitors with MarketBeat's FREE daily newsletter.
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	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sell ➝ Sell	$17.00 ➝ $17.00	-20.86%
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	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$68.00 ➝ $42.00	+98.49%
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	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$33.00 ➝ $25.00	+13.90%
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%
4/26/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
4/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$47.50 ➝ $40.00	+11.20%
4/3/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Hold	$45.00	+2.41%
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%
7/28/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$32.00 ➝ $40.00	+15.77%
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%
11/21/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$31.00	+4.27%
10/28/2022	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$40.00 ➝ $30.00	+4.82%
10/28/2022	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
3 Billionaires Dump Nvidia Shares. What Do They Know That You Don’t? (Ad) Dan Ferris's research has been trusted by names at America's top investment banks, like JP Morgan and Barclays. And today, he says, moving a portion of your wealth to a unique, relatively unknown investment could protect you from a new looming financial crisis. And it could also grow your wealth many times over... while most people face a stagnant market. Click here to view Dan Ferris's new warning for America.
10/28/2022	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:18 AM 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 Sunday, October 13, 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.:

Intel Co. stock is currently trading at a low price of $23.56, presenting a potential buying opportunity for investors looking for undervalued stocks.
Intel Co. has a strong dividend yield of 2.12%, providing investors with a steady income stream.
Intel Co. is actively involved in developing cutting-edge technologies in the computing and related products sector, positioning itself for future growth and innovation.
Intel Co. has a diverse range of product offerings across different segments, reducing dependency on any single product line and enhancing overall stability.
Intel Co. has a significant market capitalization of $100.29 billion, indicating its established presence and stability in the market.

Intel
Bear Case

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

Intel Co. has faced recent downgrades from various financial institutions, indicating potential challenges and uncertainties in its future performance.
Intel Co. reported lower-than-expected earnings per share in the latest quarter, reflecting possible struggles in maintaining profitability.
Intel Co. experienced a decrease in revenue on a year-over-year basis, signaling potential difficulties in revenue growth and market competitiveness.
Intel Co. has a high dividend payout ratio of 52.08%, which may limit its ability to reinvest in the business for future growth and innovation.
Intel Co. has received multiple sell ratings from analysts, suggesting a lack of confidence in the company's future prospects among industry experts.

INTC Forecast - Frequently Asked Questions

: According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Intel is $31.92, with a high forecast of $62.00 and a low forecast of $17.00.
: 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intel in the last year. There are currently 5 sell ratings, 24 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 42.26% based on their 12-month stock forecasts.
: Over the previous 90 days, Intel's stock had 8 downgrades and 2 upgrades by analysts.
: Intel has been rated by research analysts at Argus, Bank of America, Barclays, Benchmark, Cantor Fitzgerald, Daiwa America, Deutsche Bank Aktiengesellschaft, Hsbc Global Res, HSBC, JPMorgan Chase & Co., Mizuho, Morgan Stanley, New Street Research, Northland Securities, Raymond James, Rosenblatt Securities, Roth Mkm, Susquehanna, TD Cowen, The Goldman Sachs Group, Truist Financial, UBS Group, and Wedbush 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.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

Add $2T of Potential Magic to Your Portfolio (Ad)

Revolutionizing a whole $2T entertainment and licensing industry might sound like the stuff of fairytales. But it’s very much within reach for a company with the rights to some of the highest grossing characters in history like Cinderella, Snow White, Peter Pan, and more.

Become an Elf Labs shareholder by 10/30.

This page (NASDAQ:INTC) was last updated on 10/18/2024 by MarketBeat.com Staff

From Our Partners