RBC Capital Intel · INTC

RBC Capital Reiterates Sector Perform on Intel, $80 Price Target

Analyst: Srini Pajjuri 1 min read Reproduced verbatim
Rating
Sector Perform
Unchanged
Target
$80
Unchanged
Outcome
Reached
on April 24, 2026
RBC Capital and Intel logos

What the analyst said

RBC Capital analyst Srini Pajjuri reiterated a Sector Perform rating and $80.00 price target on Intel (NASDAQ: INTC).

“We recently hosted a well-attended investor call with CVP of IR John Pitzer.

Management expects broad-based strength in server CPUs to continue through the year, with mix driving further ASP tailwinds.

CPU density is increasing on a secular basis driven by Agentic AI and distributed inferencing.

Intel sees opportunities not only through its x86 portfolio but also via ASIC, packaging, and Foundry services.

Advanced Packaging represents a multi-billion dollar opportunity with revenue ramps starting in 2H27 (likely at GOOGL).

In Client, management sounded confident about 2H26 outlook despite weakening PC TAM given low customer inventories.

Gross margin commentary was a bit more guarded due to growing component cost headwinds.

Overall, we walked away comfortable with Intel’s near-term prospects but maintain Sector Perform due to valuation.”

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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 $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 $80 target is 11% below the median.

Since the note INTC has moved −40% (from $99.62). 12-month window: day 182 of 365, closes on May 4, 2027.

Track record

This call✓ Target reached on April 24, 2026, 0 days after the note. Same target as this firm’s April 24, 2026 note, so it is scored there.

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, 2026 This noteKept 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, 2026Kept 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.