Bank of America Intel · INTC

BofA Raises Intel Price Target to $25

Analyst: Vivek Arya 1 min read Reproduced verbatim
Rating
Neutral
Target
$25
from $23 (+9%)
Outcome
Reached
on August 19, 2025
Bank of America and Intel logos

What the analyst said

BofA Securities analyst Vivek Arya raised the price target on Intel (NASDAQ: INTC) to $25 (from $23) while maintaining a Neutral rating.

“INTC reports Q2 result on July 24.

Read-throughs point to: 1) Q2 CPU likely in-line to better on tariff related pull-ins; 2) but 2H could be sub-seasonal as benefits reverse, while PC unit expectations above-seasonal (200bps/500bps in Q3/Q4) and new Panther Lake products not volume ramping until 2026; and 3) Enterprise tone generally better (HPE enterprise up double-digit YoY).

Overall, we expect in-line to better Q2 on pull-ins and a higher mix of older-gen/margin-accretive products, but tougher 2H outlook as these tariff/mix benefits reverse.

Beyond n-t, Foundry/18A progress may drive the stock, with GM particularly dependent on the ramp timing of Panther Lake (PC) and Clearwater Forest (server).

If INTC manages to ramp its long-awaited Panther Lake on time in late2025, GM could recover more quickly back to 38-39%+ vs. 37-38% consensus for 2H.”

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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 $25 target is 72% below the median, the lowest on the Street.

Since the note INTC has moved +183% (from $23.24). The 12-month window closed on July 23, 2026.

Track record

This call✓ Target reached on August 19, 2025, 27 days after the note.

Firm track recordBank of America: 86% of its 37 targets at least a year old were reached within 12 months (#10 of 21 firms); on Intel, 4 of 4. Accuracy ranking →

Bank of America on Intel

Bank of America price targets on Intel

8 calls from January 31, 2025 to January 23, 2026. The target went from $19 to $40 (+111%). The rating stayed Sell.

Bank of America targetINTC share price
  1. January 23, 2026Target raised from $34 (+18%)Sell$40
  2. October 13, 2025Downgraded to Sell, target raised from $25 (+36%)Sell$34
  3. July 23, 2025 This noteKept the $25 targetHold$25
  4. April 14, 2025Kept the $25 targetHold$25
  5. April 1, 2025Kept the $25 targetHold$25
  6. March 13, 2025Upgraded to Hold, target raised from $19 (+32%)Hold$25
  7. February 18, 2025Kept the $19 targetSell$19
  8. January 31, 2025Earliest call shownSell$19
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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.