Bernstein Intel · INTC

Bernstein Raises Intel Price Target to $60

1 min read Reproduced verbatim
Rating
Market Perform
Unchanged
Target
$60
from $36 (+67%)
Downside
−1%
INTC at $60.47 today
Bernstein and Intel logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Intel (NASDAQ: INTC) to $60.00 (from $36.00) while maintaining a Market Perform rating.

“We once again up our server assumptions (Xeon now +36% YoY in 2026 w/ strong DD ASP increase) and raise GM estimates, and lower NCI given the Ireland fab repurchase, but also drop our PC assumptions.

Overall we are below consensus on client and above on DC with higher GMs; our revenue forecasts are below consensus on those weaker PCs but we model EPS above.

We now model Q126 at $12.3B/$0.02, up from $12.2B/$0.00 prior vs consensus $12.3B/$0.00. For Q226 we now model $12.7B/$0.15 vs $12.7B/$0.06 prior (higher GM) vs consensus $13.1B/$0.09.

For full-year 2026 we now model $53.3B/$0.82 vs consensus $54.2B/$0.55; for next year (2027) we now model $57.5B/$1.33, up from $56.6B/$0.73 prior vs consensus $58.4B/$1.04.”

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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 $60.47. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $60 target is 33% below the median, the lowest on the Street.

Since the note INTC has moved −7% (from $64.94). 12-month window: day 200 of 365, closes on April 16, 2027.

Track record

This callOpen: INTC has not reached $60 yet. This 12-month target is scored on April 16, 2027. Same target as this firm’s April 16, 2026 note, so it is scored there.

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 April 1, 2025 to June 17, 2026. The target went from $25 to $100 (+300%). The rating stayed Hold.

Bernstein targetINTC share price
  1. June 17, 2026Target raised from $60 (+67%)Hold$100
  2. April 16, 2026Kept the $60 targetHold$60
  3. April 16, 2026 This noteTarget raised from $36 (+67%)Hold$60
  4. January 21, 2026Target raised from $35 (+3%)Hold$36
  5. October 24, 2025Target raised from $21 (+67%)Hold$35
  6. August 15, 2025Kept the $21 targetHold$21
  7. April 22, 2025Target cut from $25 (−16%)Hold$21
  8. April 1, 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.