Bernstein Intel · INTC

Bernstein Reaffirms Market Perform on Intel, $21 Price Target

Analyst: Stacy Rasgon 1 min read Reproduced verbatim
Rating
Market Perform
Unchanged
Target
$21
Outcome
Missed
within 12 months
Bernstein and Intel logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon reiterated a Market Perform rating and $21 price target on Intel (NASDAQ: INTC).

“Yesterday just before the close, Bloomberg reported that the Trump administration was discussing taking a stake in Intel .

The article suggested the plans stemmed from Intel CEO Lip-Bu Tan’s meeting with Trump earlier this week , with funding supposedly to help shore up Intel’s Ohio efforts (currently paused).

Bloomberg also indicated that no decisions have been made yet, and that talks could end with no agreement.

Both Intel and the administration have at this point supposedly declined comment.Overall though the hope trade on Intel is probably back (for now) as investors wait to see if Trump can Make Intel Great Again (though there is, as always, huge uncertainty around anything this administration does, and we are still not hugely tempted to get involved…).

We rate Intel Market-Perform, $21 PT.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $94.32. 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 +295% (from $23.86). The 12-month window closed on August 15, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note INTC closed at $103, 393% above the $21 target, and it moved the other way.

Firm track recordBernstein: 80% of its 20 targets at least a year old were reached within 12 months (#16 of 21 firms); on Intel, 4 of 5. Accuracy ranking →

Bernstein on Intel

Bernstein price targets on Intel

8 calls from January 31, 2025 to April 16, 2026. The target went from $25 to $60 (+140%). The rating stayed Hold.

Bernstein targetINTC share price
  1. April 16, 2026Target raised from $36 (+67%)Hold$60
  2. January 21, 2026Target raised from $35 (+3%)Hold$36
  3. October 24, 2025Target raised from $21 (+67%)Hold$35
  4. August 15, 2025 This noteKept the $21 targetHold$21
  5. April 22, 2025Target cut from $25 (−16%)Hold$21
  6. April 1, 2025Kept the $25 targetHold$25
  7. March 3, 2025Kept the $25 targetHold$25
  8. January 31, 2025Earliest call shownHold$25
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Other analysts on Intel

StoneXBuy Kept rating and price target Oct 27 $140maintained NeedhamHold Kept rating Oct 27 New Street ResearchBuy Upgraded Oct 26 $125 RBC CapitalHold Kept rating and price target Oct 25 $100maintained SusquehannaHold Cut price target −9%, kept rating Oct 21 $105from $115
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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.