KeyBanc Intel · INTC

KeyBanc Maintains Sector Weight on Intel, $23 Price Target

Analyst: John Vinh 1 min read Reproduced verbatim
Rating
Sector Weight
Unchanged
Target
$23
Outcome
Reached
on July 8, 2025
KeyBanc and Intel logos

What the analyst said

KeyBanc analyst John Vinh reiterated a Sector Weight rating and $23 price target on Intel (NASDAQ: INTC).

“INTC kicked off its Intel Vision 2025 event in Las Vegas today with a keynote from INTC CEO Lip-Bu Tan.

In his address, he provided some insights into his strategy to turn INTC around, including: 1) beginning product design with the software/end use in mind, with a focus on cloud & hyperscale AI, Generative & Agentic AI, and Physical AI; 2) staying on track with the foundry with Panther Lake and 18A (volume production in the 2H of this year), with support from the current administration, given the importance of domestic leading-edge semiconductor manufacturing; and 3) changing the culture to be more nimble like a startup and gathering and addressing truthful feedback from customers, even and especially if it is harsh.

We maintain our Sector Weight rating, and look forward to hearing more specifics around how these goals will be achieved, given the multitude of challenges that INTC currently faces.”

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 $92.07. The 22 analysts who set a target in the last 3 months range from $70 to $165, with a median of $100. This $23 target is 77% below the median, the lowest on the Street.

Since the note INTC has moved +305% (from $22.71). The 12-month window closed on April 1, 2026.

Track record

This call✓ Target reached on July 8, 2025, 3 months after the note.

Firm track recordKeyBanc: 88% of its 16 targets at least a year old were reached within 12 months (#8 of 21 firms); on Intel, 2 of 2. Accuracy ranking →

KeyBanc on Intel

KeyBanc price targets on Intel

8 calls from April 1, 2025 to April 24, 2026. The target went from $23 to $110 (+378%). The rating moved from Hold to Buy.

KeyBanc targetINTC share price
  1. April 24, 2026Target raised from $70 (+57%)Buy$110
  2. April 6, 2026Target raised from $65 (+8%)Buy$70
  3. January 23, 2026Target raised from $60 (+8%)Buy$65
  4. January 13, 2026Upgraded to Buy, target raised from $35 (+71%)Buy$60
  5. October 20, 2025Target raised from $23 (+52%)Hold$35
  6. September 17, 2025Rating only, no price targetHoldNo target
  7. April 8, 2025Rating only, no price targetHoldNo target
  8. April 1, 2025 This noteEarliest call shownHold$23
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Other analysts on Intel

StoneXBuy Cut price target −29%, kept rating Oct 30 $100from $140 CantorHold Cut price target −28%, kept rating Oct 30 $90from $125 TruistHold Cut price target −33%, kept rating Oct 30 $72from $108 Wells FargoHold Cut price target −33%, kept rating Oct 30 $80from $120 MizuhoHold Cut price target −23%, kept rating Oct 30 $88from $114
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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.