RBC Capital Intel · INTC

RBC Capital Reiterates Sector Perform on Intel, $48 Price Target

Analyst: Srini Pajjuri 1 min read Reproduced verbatim
Rating
Sector Perform
Unchanged
Target
$48
Unchanged
Downside
−20%
INTC at $59.97 today
RBC Capital and Intel logos

What the analyst said

RBC Capital analyst Srini Pajjuri reiterated a Sector Perform rating and $48.00 price target on Intel (NASDAQ: INTC).

“We expect a slight beat/raise driven by strong Server CPU demand. PC market also appears to be holding up for now.

That said, wafer supply constraints could cap NT upside while PC market faces growing headwinds from Memory tightness.

At >60x CY27PE, the stock appears to be largely trading on Foundry optimism (including TeraFab- related newsflow).

We expect 14A customer announcements in 2H26 and believe that Intel is making good progress in advanced packaging (EMIB, likely for Google).

However, material revenue contribution could take a few years and valuation leaves little margin for error. Maintain Sector Perform.”

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 $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 $48 target is 47% below the median, the lowest on the Street.

Since the note INTC has moved −12% (from $68.50). 12-month window: day 196 of 365, closes on April 20, 2027.

Track record

This callOpen: INTC has not reached $48 yet. This 12-month target is scored on April 20, 2027.

Firm track recordRBC Capital: 50% of its 16 targets at least a year old were reached within 12 months (#26 of 26 firms). Accuracy ranking →

RBC Capital on Intel

RBC Capital price targets on Intel

8 calls from January 14, 2026 to October 30, 2026. The target went from $50 to $75 (+50%). The rating stayed Hold.

RBC Capital targetINTC share price
  1. October 30, 2026Target cut from $100 (−25%)Hold$75
  2. October 25, 2026Target raised from $80 (+25%)Hold$100
  3. May 4, 2026Kept the $80 targetHold$80
  4. May 4, 2026Kept the $80 targetHold$80
  5. April 24, 2026Target raised from $48 (+67%)Hold$80
  6. April 20, 2026 This noteKept the $48 targetHold$48
  7. January 23, 2026Target cut from $50 (−4%)Hold$48
  8. January 14, 2026Earliest call shownHold$50
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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 Piper SandlerHold Cut price target −18%, kept rating Oct 30 $90from $110
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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.