KeyBanc Raises Intel Price Target to $70

Analyst: John Vinh 1 min read Reproduced verbatim
Rating
Overweight
Target
$70
from $65 (+8%)
Outcome
Reached
on April 24, 2026
KeyBanc and Intel logos

What the analyst said

KeyBanc analyst John Vinh raised the price target on Intel (NASDAQ: INTC) to $70.00 (from $65.00) while maintaining an Overweight rating.

“Positive (Asia) takeaways include: 1) Server CPU demand remains outsized; 2) INTC increases pricing twice for both server and client CPUs; 3) 18A yields continue to improve to 65% as Panther Lake ramp continues; 4) Wins 14A design win at AAPL for low-end Mseries processor for MacBook and iPad; 5) Google’s “Humu Fish” TPU will use EMIB-T, which we size at $4B-$5B in revenues.

We remain Overweight and raise our price target from $65 to $70, or 3.4x EV/S on our 2027 revenue estimate of $70.8B.”

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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 $59.97. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $70 target is 22% below the median, the lowest on the Street.

Since the note INTC has moved +19% (from $50.38). 12-month window: day 210 of 365, closes on April 6, 2027.

Track record

This call✓ Target reached on April 24, 2026, 18 days after the note.

Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#12 of 26 firms); on Intel, 2 of 2. Accuracy ranking →

KeyBanc on Intel

KeyBanc price targets on Intel

8 calls from April 8, 2025 to July 14, 2026. The target went from $35 to $155 (+343%). The rating moved from Hold to Buy.

KeyBanc targetINTC share price
  1. July 14, 2026Target raised from $110 (+41%)Buy$155
  2. April 24, 2026Target raised from $70 (+57%)Buy$110
  3. April 6, 2026 This noteTarget raised from $65 (+8%)Buy$70
  4. January 23, 2026Target raised from $60 (+8%)Buy$65
  5. January 13, 2026Upgraded to Buy, target raised from $35 (+71%)Buy$60
  6. October 20, 2025Set a $35 targetHold$35
  7. September 17, 2025Rating only, no price targetHoldNo target
  8. April 8, 2025Earliest call shownHoldNo target
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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.