Bank of America Intel · INTC

Bank of America Raises Intel Price Target to $56

Analyst: Vivek Arya 1 min read Reproduced verbatim
Rating
Underperform
Target
$56
from $48 (+17%)
Downside
−9%
INTC at $61.72 today
Bank of America and Intel logos

What the analyst said

BofA Securities analyst Vivek Arya raised the price target on Intel (NASDAQ: INTC) to $56.00 (from $48.00) while maintaining an Underperform 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 $61.72. The 27 analysts who set a target in the last 3 months range from $70 to $165, with a median of $90. This $56 target is 38% below the median, the lowest on the Street.

Since the note INTC has moved −8% (from $66.78). 12-month window: day 193 of 365, closes on April 24, 2027.

Track record

This callOpen: INTC has not reached $56 yet. This 12-month target is scored on April 24, 2027.

Firm track recordBank of America: 82% of its 49 targets at least a year old were reached within 12 months (#8 of 26 firms); on Intel, 4 of 4. Accuracy ranking →

Earnings reactionOne of 22 notes after Intel’s Apr 23 results: 20 raised · 0 cut · 0 kept. See every call →

Bank of America on Intel

Bank of America price targets on Intel

8 calls from April 14, 2025 to June 11, 2026. The target went from $25 to $135 (+440%). The rating moved from Hold to Buy.

Bank of America targetINTC share price
  1. June 11, 2026Kept the $135 targetBuy$135
  2. June 11, 2026Upgraded to Buy, target raised from $56 (+141%)Buy$135
  3. April 24, 2026 This noteTarget raised from $40 (+40%)Sell$56
  4. January 23, 2026Kept the $40 targetSell$40
  5. January 23, 2026Target raised from $34 (+18%)Sell$40
  6. October 13, 2025Downgraded to Sell, target raised from $25 (+36%)Sell$34
  7. July 23, 2025Kept the $25 targetHold$25
  8. April 14, 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.