RBC Capital analyst Srini Pajjuri initiated coverage of Intel (NASDAQ: INTC) with a Sector Perform rating and a price target of $50.00.

“Intel’s management has done a commendable job in recent months right-sizing the business, strengthening the balance sheet, and entering into a strategic agreement with NVDA.

PC/Server demand looks healthy and Intel’s product competitiveness is improving.

On the other hand, higher Memory prices and supply constraints could impact near term revenue/margin performance, and Intel lacks a Data Center AI narrative.

We believe gross margin upside and Foundry progress are key for continued outperformance. Both are dependent on manufacturing yields where our visibility is limited.

We initiate at Sector Perform as we await evidence of meaningful progress in these areas.”

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Tracking this call

Since this note+138% INTC $47.29 → $112.50 (Oct 7) · target reached

This call at 6 months✓ Target reached on Jan 21, 2026, 7 days after the note.

Firm track recordRBC Capital reached 82% of its 39 scored targets within six months (#3 of 31 firms); on Intel, 2 of 2. Accuracy ranking →

RBC Capital on Intel · target history
Jan 14, 2026 · $50 · Hold · this note Jan 23, 2026 · $48 · Hold Jan 23, 2026 · $48 · Hold Apr 20, 2026 · $48 · Hold Apr 24, 2026 · $80 · Hold Apr 24, 2026 · $80 · Hold May 4, 2026 · $80 · Hold May 4, 2026 · $80 · Hold
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Other Intel notes

MizuhoHold Raised price target +24%, kept rating · Oct 6 $114from $92 Melius ResearchBuy Kept rating and price target · Sep 16 $165maintained Tigress Financial PartnersBuy Raised price target +23%, kept rating · Sep 15 $145from $118 Piper SandlerHold Initiated coverage · Sep 10 $110 MizuhoHold Cut price target −16%, kept rating · Sep 3 $92from $109
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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.