Bernstein Intel · INTC

Bernstein Raises Intel Price Target to $36

1 min read Reproduced verbatim
Rating
Market Perform
Unchanged
Target
$36
from $35 (+3%)
Downside
−40%
INTC at $60.29 today
Bernstein and Intel logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Intel (NASDAQ: INTC) to $36.00 (from $35.00) while maintaining a Market Perform rating.

“Sentiment on Intel has certainly turned upward in recent weeks amid the 18A launch, foundry hopes, and (yes) Presidential tweets.

On the positive market dynamics at least in servers seem supportive, getting 18A out the door helps the narrative, and of course the favor of the administration helps.

At the same time, however, share losses seem ripe to continue, supply constraints seem more due to customers opting for older products vs new, and while it feels like beating a dead horse we still believe CPUs have been over-shipping PCs for some time (perhaps this will all come to a head amid potential PC headwinds this year).

In the meantime18A yields (while presumably improving) likely have quite a ways to go, and a bigger decision to go in on foundry is going to have to be accompanied by higher capex.

And Street estimates appear to mis-model SCIP-related NCI with overall numbers going forward still looking high to us. Fundamentals and valuation keep us sidelined even amid Trump’s blessing.

Bumping PT to $36 on higher numbers; MP.”

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 $60.29. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $36 target is 60% below the median, the lowest on the Street.

Since the note INTC has moved +24% (from $48.56). 12-month window: day 286 of 365, closes on January 21, 2027.

Track record

This callOpen: INTC has not reached $36 yet. This 12-month target is scored on January 21, 2027.

Firm track recordBernstein: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms); on Intel, 4 of 5. Accuracy ranking →

Bernstein on Intel

Bernstein price targets on Intel

8 calls from March 3, 2025 to April 16, 2026. The target went from $25 to $60 (+140%). The rating stayed Hold.

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

BarclaysHold Cut price target −25%, kept rating Nov 2 $75from $100 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
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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.