Wells Fargo Lowers Intel Price Target to $80

Analyst: Joe Quatrochi 1 min read Reproduced verbatim
Rating
Equal Weight
Target
$80
from $120 (−33%)
Downside
−13%
INTC at $92.07 today
Wells Fargo and Intel logos

What the analyst said

Wells Fargo analyst Joe Quatrochi lowered the price target on Intel (NASDAQ: INTC) to $80 (from $120) while maintaining an Equal Weight 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 $92.07. The 22 analysts who set a target in the last 3 months range from $70 to $165, with a median of $100. This $80 target is 20% below the median.

12-month window: day 0 of 365, closes on October 30, 2027.

Track record

This callOpen: a 12-month target, scored on October 30, 2027, a year after the note.

Firm track recordWells Fargo: 67% of its 27 targets at least a year old were reached within 12 months (#19 of 21 firms); on Intel, 4 of 5. Accuracy ranking →

Wells Fargo on Intel

Wells Fargo price targets on Intel

8 calls from April 28, 2025 to October 30, 2026. The target went from $22 to $80 (+264%). The rating stayed Hold.

Wells Fargo targetINTC share price
  1. October 30, 2026 This noteTarget cut from $120 (−33%)Hold$80
  2. July 24, 2026Target raised from $110 (+9%)Hold$120
  3. June 1, 2026Target raised from $85 (+29%)Hold$110
  4. April 24, 2026Target raised from $55 (+55%)Hold$85
  5. April 7, 2026Target raised from $45 (+22%)Hold$55
  6. October 24, 2025Target raised from $30 (+50%)Hold$45
  7. October 16, 2025Target raised from $22 (+36%)Hold$30
  8. April 28, 2025Earliest call shownHold$22
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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.