Truist Intel · INTC

Truist Securities Raises Intel Price Target to $49

Analyst: William Stein 1 min read Reproduced verbatim
Rating
Hold
Target
$49
from $39 (+26%)
Outcome
Reached
on January 23, 2026
Truist and Intel logos

What the analyst said

Truist Securities analyst William Stein raised the price target on Intel (NASDAQ: INTC) to $49.00 (from $39.00) while maintaining a Hold rating.

“Confidence on demand, 14a, sets up a better narrative, but valuation is tricky; The narrative is better now, but justifying upside from here is challenging. INTC delivered solid upside vs.

Q4 expectations (DCAI revs, margins, & EPS), but guided Q1 measurably below consensus as supply constraints and elevated costs weigh (aligning with our CES notes).

Looking forward, INTC sounds markedly more bullish on demand and on signing an external customer on 14a.

Lower profitability from COGS & non-controlling interest lead us to take CY27 to $0.87 (from $1.00). PT to $49 (from $39) based on higher CY29 earnings (14a foundry ramp). Hold.

Key derivative: for x86 strength with GPU traction, favor AMD (Buy).”

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 $61.36. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $49 target is 46% below the median, the lowest on the Street.

Since the note INTC has moved +13% (from $54.32). 12-month window: day 284 of 365, closes on January 23, 2027.

Track record

This call✓ Target reached on January 23, 2026, 0 days after the note.

Firm track recordTruist: 78% of its 27 targets at least a year old were reached within 12 months (#17 of 26 firms); on Intel, 4 of 4. Accuracy ranking →

Earnings reactionOne of 18 notes after Intel’s Jan 22 results: 12 raised · 2 cut · 3 kept. See every call →

Truist on Intel

Truist price targets on Intel

8 calls from April 1, 2025 to April 24, 2026. The target went from $21 to $81 (+286%). The rating stayed Hold.

Truist targetINTC share price
  1. April 24, 2026Kept the $81 targetHold$81
  2. April 24, 2026Target raised from $49 (+65%)Hold$81
  3. January 23, 2026 This noteKept the $49 targetHold$49
  4. January 23, 2026Target raised from $39 (+26%)Hold$49
  5. October 24, 2025Target raised from $21 (+86%)Hold$39
  6. August 20, 2025Kept the $21 targetHold$21
  7. July 7, 2025Kept the $21 targetHold$21
  8. April 1, 2025Earliest call shownHold$21
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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.