UBS Keeps Neutral on Intel, $21 Price Target
- Rating
- Neutral
- Unchanged
- Target
- $21
- Downside
- −78%
- INTC at $93.91 today
What the analyst said
UBS analyst Timothy Arcuri reiterated a Neutral rating and $21 price target on Intel (NASDAQ: INTC).
“INTC is reportedly halting its external sales of 18A and 18AP foundry nodes to shift focus to the more promising 14A node – something we have voiced before.
Strategically, the shift makes sense to us: 14A is effectively INTC’s first, true foundry process and 2nd iteration of the company’s GAA + BS-PDN node, with a wider process window and PDKs that would make it much more appealing to customers like AVGO or NVDA (who we think have shown the most interest in 18AP).
However, there are several hurdles that call into question the feasibility of this pivot, in our view.”
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Where the price stands
INTC trades at $93.91. The 11 analysts who set a target in the last 3 months range from $85 to $165, with a median of $112. This $21 target is 81% below the median, the lowest on the Street.
Since the note INTC has moved +329% (from $21.88). The 12-month window closed on July 3, 2026.
Track record
Firm track recordUBS: 83% of its 30 targets at least a year old were reached within 12 months (#10 of 14 firms). Accuracy ranking →
UBS on Intel
UBS price targets on Intel
8 calls from January 21, 2025 to October 6, 2025. The target went from $23 to $40 (+74%). The rating stayed Hold.
- October 6, 2025Target raised from $35 (+14%)Hold$40
- September 19, 2025Target raised from $25 (+40%)Hold$35
- August 19, 2025Kept the $25 targetHold$25
- July 14, 2025Target raised from $21 (+19%)Hold$25
- July 3, 2025 This noteTarget cut from $22 (−5%)Hold$21
- April 14, 2025Target cut from $23 (−4%)Hold$22
- April 4, 2025Kept the $23 targetHold$23
- January 21, 2025Earliest call shownHold$23
