Stifel Hikes Intel Price Target to $120

1 min read Reproduced verbatim
Rating
Hold
Target
$120
from $75 (+60%)
Outcome
Reached
on September 21, 2026
Stifel and Intel logos

What the analyst said

Stifel analyst Ruben Roy raised the price target on Intel (NASDAQ: INTC) to $120 (from $75) and reiterated a Hold rating.

“We see an in-line-to-modest-beat setup with the risk skewed to longer-term commentary on CPUs and GPUs, relative to the currently elevated expectations.

We expect the stock to move more on end-demand comments (ASPs and volumes) tied to server CPUs and to supply-side comments (yields and volumes) on the GPU side of the business, which is also what is needed to drive Foundry improvement.

Given the turnaround in motion, we expect margins and earnings to hold less downside pressure over the next few quarters (i.e. longer-term story matters more).”

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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 $120 target is 33% above the median.

Since the note INTC has moved −47% (from $113). 12-month window: day 115 of 365, closes on July 10, 2027.

Track record

This call✓ Target reached on September 21, 2026, 2 months after the note.

Firm track recordStifel: 83% of its 41 targets at least a year old were reached within 12 months (#5 of 26 firms); on Intel, 4 of 5. Accuracy ranking →

Stifel on Intel

Stifel price targets on Intel

8 calls from September 19, 2025 to October 30, 2026. The target went from $24.50 to $90 (+267%). The rating stayed Hold.

Stifel targetINTC share price
  1. October 30, 2026Target cut from $110 (−18%)Hold$90
  2. July 24, 2026Target cut from $120 (−8%)Hold$110
  3. July 10, 2026 This noteTarget raised from $75 (+60%)Hold$120
  4. April 24, 2026Target raised from $65 (+15%)Hold$75
  5. April 20, 2026Target raised from $42 (+55%)Hold$65
  6. January 23, 2026Target raised from $35 (+20%)Hold$42
  7. October 24, 2025Target raised from $24.50 (+43%)Hold$35
  8. September 19, 2025Earliest call shownHold$24.50
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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.