KeyBanc Intel · INTC

KeyBanc Raises Intel Price Target to $110

Analyst: John Vinh 1 min read Reproduced verbatim
Rating
Overweight
Target
$110
from $70 (+57%)
Outcome
Reached
on May 6, 2026
KeyBanc and Intel logos

What the analyst said

KeyBanc analyst John Vinh raised the price target on Intel (NASDAQ: INTC) to $110.00 (from $70.00) while maintaining an Overweight rating.

“Strong Results as Agentic AI Drives DCAI Growth of 22%; INTC posted strong 1Q26 results and guided 2Q26 solidly above.

Upside in the quarter was driven by strong server CPU demand driven by agentic AI with DCAI growing 22% y/y, while price increases and improving 18A yields resulted in almost a 500 bp improvement in GM to 41%.

On foundry, 18A yields continue to improve with firm commitments on 14A expected in 2H26.

On adv packaging (EMIB-T), backlog increased with a multi-year build out of back end facilities to supported committed demand in 2027.

We’re encouraged by these results and as such, are increasing ests and our PT to $110. Reiterate OW.”

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 $110 target is 22% above the median.

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 call✓ Target reached on May 6, 2026, 12 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 →

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

KeyBanc on Intel

KeyBanc price targets on Intel

8 calls from September 17, 2025 to July 24, 2026. The target went from $35 to $155 (+343%). The rating moved from Hold to Buy.

KeyBanc targetINTC share price
  1. July 24, 2026Kept the $155 targetBuy$155
  2. July 14, 2026Target raised from $110 (+41%)Buy$155
  3. April 24, 2026 This noteTarget raised from $70 (+57%)Buy$110
  4. April 6, 2026Target raised from $65 (+8%)Buy$70
  5. January 23, 2026Target raised from $60 (+8%)Buy$65
  6. January 13, 2026Upgraded to Buy, target raised from $35 (+71%)Buy$60
  7. October 20, 2025Set a $35 targetHold$35
  8. September 17, 2025Earliest call shownHoldNo target
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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.