Mizuho Intel · INTC

Mizuho Raises Intel Price Target to $23

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Neutral
Target
$23
from $20 (+15%)
Outcome
Reached
on February 25, 2025
Mizuho and Intel logos

What the analyst said

Mizuho analyst Vijay Rakesh raised the price target on Intel (NASDAQ: INTC) to $23 (from $20) while maintaining a Neutral rating.

“We take a look at INTC following recent reports of a potential breakup/spin-off of its businesses (Link).

Key takeaways include: 1) potential headwinds to TSMC being sole purchaser of INTC’s foundry business as U.S. officials likely to prefer a U.S. company take part in the deal as well, 2) potential products spin-off to AVGO (Outperform, $260 PT) is possible but challenging, given AVGO’s current net debt of ~$57B following the VMW acquisition, 3) split potentially results in sale of MBLY (Neutral, $17 PT) shares, and 4) a potential IPO/privatization of Altera earlier than expected.

We continue to rate INTC at Neutral with no change to our estimates, but raise our PT to $23 from $20 as we see INTC’s foundry potentially gaining steam under a renewed push by the Trump administration to bring AI chip production to the US.”

Disclaimer
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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

INTC trades at $65.76. The 26 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $23 target is 74% below the median, the lowest on the Street.

Since the note INTC has moved +164% (from $24.87). The 12-month window closed on February 24, 2026.

Track record

This call✓ Target reached on February 25, 2025, 1 day after the note.

Firm track recordMizuho: 93% of its 61 targets at least a year old were reached within 12 months (#2 of 21 firms); on Intel, 6 of 6. Accuracy ranking →

Mizuho on Intel

Mizuho price targets on Intel

8 calls from January 10, 2025 to January 23, 2026. The target went from $21 to $48 (+129%). The rating stayed Hold.

Mizuho targetINTC share price
  1. January 23, 2026Target raised from $41 (+17%)Hold$48
  2. October 24, 2025Target raised from $39 (+5%)Hold$41
  3. October 13, 2025Target raised from $23 (+70%)Hold$39
  4. July 2, 2025Target raised from $22 (+5%)Hold$23
  5. April 25, 2025Target cut from $23 (−4%)Hold$22
  6. February 24, 2025 This noteTarget raised from $20 (+15%)Hold$23
  7. January 31, 2025Target cut from $21 (−5%)Hold$20
  8. January 10, 2025Earliest call shownHold$21
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Other analysts on Intel

Freedom BrokerHold Downgraded, cut price target −10% Oct 30 $90from $100 TD CowenHold Cut price target −21%, kept rating Oct 30 $75from $95 JP MorganHold Cut price target −6%, kept rating Oct 30 $80from $85 RBC CapitalHold Cut price target −25%, kept rating Oct 30 $75from $100 Piper SandlerHold Cut price target −18%, kept rating Oct 30 $90from $110
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.