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Intel (INTC) Stock Forecast & Price Target

Intel logo
$26.23 +1.18 (+4.71%)
(As of 11/7/2024 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

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
14.81% 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 14.81% from the current price of $26.23.
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INTC Analyst Ratings Over Time

TypeCurrent Forecast
11/8/23 to 11/7/24
1 Month Ago
10/9/23 to 10/8/24
3 Months Ago
8/10/23 to 8/9/24
1 Year Ago
11/8/22 to 11/8/23
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)
5 Buy rating(s)
Hold
25 Hold rating(s)
24 Hold rating(s)
23 Hold rating(s)
21 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$31.96$32.04$35.09
Forecasted Upside14.81% Upside37.06% Upside62.55% Upside-7.45% Downside
Consensus Rating
Reduce
Reduce
Reduce
Hold

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.
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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.
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Intel Stock vs. The Competition

TypeIntelComputer and Technology CompaniesS&P 500
Consensus Rating Score
1.87
2.67
2.50
Consensus RatingReduceModerate BuyHold
Predicted Upside14.81% Upside570.81% Upside7.42% Upside
News Sentiment Rating
Neutral News

See Recent INTC News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Mizuho
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$22.00 ➝ $23.00-0.17%
11/1/2024Northland Securities
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$42.00 ➝ $28.00+21.53%
11/1/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$25.00 ➝ $26.00+13.04%
11/1/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$20.00 ➝ $25.00+8.84%
11/1/2024Needham & Company LLC
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 Reiterated RatingHold
11/1/2024Benchmark
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C. Acree
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Reiterated RatingHold
10/29/2024Rosenblatt Securities
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 Reiterated RatingSell ➝ Sell$17.00 ➝ $17.00-26.18%
10/25/2024Stifel Nicolaus
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 Reiterated RatingHold ➝ Hold$28.00 ➝ $25.00+8.18%
10/17/2024The Goldman Sachs Group
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Toshiya Hari
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Lower TargetSell ➝ Sell$22.00 ➝ $21.00-7.28%
10/3/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$27.00 ➝ $25.00+13.28%
9/16/2024TD Cowen
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J. Buchalter
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UpgradeHold
8/26/2024Daiwa America
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R. Department
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UpgradeHold
8/6/2024Argus
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J. Kelleher
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DowngradeBuy ➝ Hold
8/2/2024Hsbc Global Res
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F. Lee
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DowngradeHold ➝ Moderate Sell
8/2/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$37.00 ➝ $32.00+51.23%
8/2/2024Roth Mkm
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 Lower TargetNeutral ➝ Neutral$35.00 ➝ $25.00+18.60%
8/2/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $25.00+19.56%
8/2/2024Cantor Fitzgerald
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 Lower TargetNeutral ➝ Neutral$40.00 ➝ $27.00+30.25%
8/2/2024Wedbush
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 Lower TargetNeutral ➝ Neutral$32.50 ➝ $25.00+18.54%
8/2/2024New Street Research
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P. Ferragu
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DowngradeBuy ➝ Neutral
8/2/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$35.00 ➝ $26.00-10.50%
8/2/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$36.00 ➝ $25.00-13.94%
8/2/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$35.00 ➝ $26.00-10.50%
8/2/2024Raymond James
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S. Pajjuri
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DowngradeOutperform ➝ Market Perform
8/2/2024HSBC
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 DowngradeHold ➝ Reduce
8/2/2024Bank of America
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 DowngradeNeutral ➝ Underperform$35.00 ➝ $23.00-20.83%
5/16/2024Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
5/13/2024Jefferies Financial Group
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 Initiated CoverageHold ➝ Hold$42.00 ➝ $34.00+13.90%
4/26/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$43.00 ➝ $38.00+19.87%
4/26/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$40.00 ➝ $36.00+2.53%
4/26/2024Sanford C. Bernstein
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 Lower TargetMarket Perform ➝ Market Perform$42.00 ➝ $35.00-0.31%
4/15/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$47.50 ➝ $40.00+11.20%
8/4/2023Tigress Financial
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 Lower TargetBuy ➝ Buy$72.00 ➝ $46.00+31.69%
7/28/2023BMO Capital Markets
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 Boost TargetMarket Perform$32.00 ➝ $36.00-0.36%
5/31/202322nd Century Group
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 Reiterated RatingReiterates
3/30/2023Credit Suisse Group
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Chris Caso
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Set Target$25.00-22.09%
1/27/2023Cowen
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 Lower TargetMarket Perform$31.00 ➝ $26.00-13.59%
11/21/2022Cowen
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 Initiated CoverageMarket Perform$31.00+4.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:52 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 Sunday, October 27, 2024. Please send any questions or comments about these Intel pros and cons to contact@marketbeat.com.

Intel
Bull Case

green Wall Street bull icon

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

red Wall Street bear icon

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 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 14.81% based on their 12-month stock forecasts.

Over the previous 90 days, Intel's stock had 2 upgrades by analysts.

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.


This page (NASDAQ:INTC) was last updated on 11/7/2024 by MarketBeat.com Staff
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