Citi Lowers Intel Price Target to $48

Analyst: Atif Malik 1 min read Reproduced verbatim
Rating
Neutral
Target
$48
from $50 (−4%)
Outcome
Reached
on January 23, 2026
Citi and Intel logos

What the analyst said

Citi analyst Atif Malik lowered the price target on Intel (NASDAQ: INTC) to $48.00 (from $50.00) while maintaining a Neutral rating.

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 $60.65. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $48 target is 47% below the median, the lowest on the Street.

Since the note INTC has moved +12% (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 recordCiti: 88% of its 40 targets at least a year old were reached within 12 months (#4 of 26 firms); on Intel, 3 of 3. Accuracy ranking →

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

Citi on Intel

Citi price targets on Intel

8 calls from January 21, 2025 to May 18, 2026. The target went from $21 to $130 (+519%). The rating moved from Hold to Buy.

Citi targetINTC share price
  1. May 18, 2026Target raised from $95 (+37%)Buy$130
  2. April 24, 2026Kept the $95 targetBuy$95
  3. April 24, 2026Upgraded to Buy, target raised from $48 (+98%)Buy$95
  4. January 23, 2026 This noteTarget cut from $50 (−4%)Hold$48
  5. January 15, 2026Upgraded to Hold, target raised from $29 (+72%)Hold$50
  6. September 19, 2025Downgraded to Sell, target raised from $24 (+21%)Sell$29
  7. July 18, 2025Target raised from $21 (+14%)Hold$24
  8. January 21, 2025Earliest call shownHold$21
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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.