Intel (INTC) Stock Forecast, Price Target & Predictions
INTC Stock Forecast
Intel stock forecast is as follows: an average price target of $40.88 (represents a 28.43% upside from INTC’s last price of $31.83) and a rating consensus of 'Hold', based on 31 wall street analysts offering a 1-year stock forecast.
INTC Price Target
The average price target for Intel (INTC) is $40.88 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $72.00 to $17.00. This represents a potential 28.43% upside from INTC's last price of $31.83.
INTC Analyst Ratings
According to 31 Wall Street analysts, Intel's rating consensus is 'Hold'. The analyst rating breakdown for INTC stock is 0 'Strong Buy' (0.00%), 12 'Buy' (38.71%), 16 'Hold' (51.61%), 3 'Sell' (9.68%), and 0 'Strong Sell' (0.00%).
Intel Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 13, 2024 | Ross Seymore | Deutsche Bank | $38.00 | $30.57 | 24.28% | 19.38% |
| May 08, 2024 | Ruben Roy | Stifel Nicolaus | $34.00 | $30.00 | 13.33% | 6.82% |
| Apr 26, 2024 | Tom O'Malley | Barclays | $40.00 | $35.11 | 13.93% | 25.67% |
| Apr 23, 2024 | Frank Lee | HSBC | $37.00 | $34.41 | 7.53% | 16.24% |
| Apr 17, 2024 | Christopher Rolland | Susquehanna | $40.00 | $36.26 | 10.31% | 25.67% |
| Apr 04, 2024 | Christopher Rolland | Susquehanna | $42.00 | $40.04 | 4.90% | 31.95% |
| Apr 03, 2024 | William Stein | Truist Financial | $45.00 | $40.59 | 10.85% | 41.38% |
| Apr 03, 2024 | Matt Bryson | Wedbush | $40.00 | $40.59 | -1.47% | 25.67% |
| Apr 03, 2024 | Suji Desilva | Roth Capital | $45.00 | $43.94 | 2.41% | 41.38% |
| Apr 03, 2024 | Ruben Roy | Stifel Nicolaus | $45.00 | $43.94 | 2.41% | 41.38% |
The latest Intel stock forecast, released on May 13, 2024 by Ross Seymore from Deutsche Bank, set a price target of $38.00, which represents a 24.28% increase from the stock price at the time of the forecast ($30.57), and a 19.38% increase from INTC last price ($31.83).
Intel Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 13 | 20 |
| Avg Price Target | $37.25 | $40.92 | $39.25 |
| Last Closing Price | $31.83 | $31.83 | $31.83 |
| Upside/Downside | 17.03% | 28.56% | 23.31% |
In the current month, the average price target of Intel stock is $37.25, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 17.03% increase as opposed to Intel's last price of $31.83. This month's average price target is down -8.97% compared to last quarter, and down -5.10% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 16, 2024 | William Blair | Market Perform | Market Perform | Hold |
| May 16, 2024 | Wolfe Research | Peer Perform | Cautious | Upgrade |
| May 16, 2024 | Wolfe Research | Underperform | Peer Perform | Upgrade |
| May 13, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 23, 2024 | HSBC | Hold | Hold | Hold |
| Apr 15, 2024 | Evercore ISI | - | Negative | Initialise |
| Apr 04, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Apr 03, 2024 | Wedbush | Neutral | Neutral | Hold |
| Apr 03, 2024 | Benchmark | Buy | Buy | Hold |
Intel's last stock rating was published by William Blair on May 16, 2024. The company gave INTC a "Market Perform" rating, the same as its previous rate.
Intel Financial Forecast
Intel Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $15.41B | - | $12.95B | $11.71B | $14.04B | $15.34B | $15.32B | $18.35B | $20.53B | $19.19B | $19.63B | $19.67B | $19.98B | $18.33B | $19.73B | $19.83B | $20.21B | $19.19B |
| Avg Forecast | $20.30B | $19.32B | $17.97B | $17.17B | $16.97B | $16.29B | $15.34B | $14.71B | $15.74B | $14.47B | $13.01B | $12.80B | $15.17B | $13.58B | $12.12B | $11.01B | $14.49B | $15.26B | $17.96B | $18.33B | $18.33B | $18.24B | $17.81B | $17.79B | $17.53B | $18.24B | $18.54B | $18.67B | $19.23B | $18.05B |
| High Forecast | $20.86B | $19.85B | $18.46B | $17.64B | $17.43B | $16.73B | $15.76B | $15.11B | $16.17B | $15.08B | $13.06B | $13.08B | $15.38B | $13.93B | $12.46B | $11.31B | $14.89B | $15.68B | $18.45B | $19.48B | $19.48B | $19.39B | $18.93B | $18.90B | $18.63B | $19.39B | $19.70B | $19.84B | $20.44B | $19.18B |
| Low Forecast | $19.75B | $18.79B | $17.48B | $16.70B | $16.50B | $15.84B | $14.92B | $14.31B | $15.31B | $14.11B | $12.80B | $12.74B | $15.13B | $13.46B | $11.79B | $10.71B | $14.09B | $14.84B | $17.46B | $17.27B | $17.27B | $17.19B | $16.79B | $16.76B | $16.52B | $17.19B | $17.47B | $17.59B | $18.12B | $17.01B |
| # Analysts | 11 | 10 | 19 | 14 | 9 | 9 | 14 | 9 | 10 | 21 | 21 | 21 | 21 | 30 | 15 | 15 | 14 | 14 | 14 | 28 | 19 | 19 | 19 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | - | 1.07% | 1.06% | 0.97% | 1.01% | 0.85% | 1.00% | 1.12% | 1.05% | 1.10% | 1.11% | 1.14% | 1.01% | 1.06% | 1.06% | 1.05% | 1.06% |
Intel's average Quarter revenue forecast for Mar 24 based on 21 analysts is $12.80B, with a low forecast of $12.74B, and a high forecast of $13.08B. INTC's average Quarter revenue forecast represents a -16.92% decrease compared to the company's last Quarter revenue of $15.41B (Dec 23).
Intel EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 10 | 19 | 14 | 9 | 9 | 14 | 9 | 10 | 21 | 21 | 21 | 21 | 30 | 15 | 15 | 14 | 14 | 14 | 28 | 19 | 19 | 19 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.58B | - | $-1.02B | $857.00M | $-394.00M | $11.05B | $2.54B | $944.00M | $8.12B | $9.94B | $9.04B | $11.01B | $10.63B | $8.13B | $8.78B | $10.14B | $9.97B | $6.71B |
| Avg Forecast | $7.47B | $7.11B | $6.61B | $6.32B | $6.24B | $5.99B | $5.64B | $5.41B | $5.79B | $5.32B | $4.78B | $7.37B | $8.02B | $6.09B | $8.37B | $6.70B | $7.29B | $5.54B | $7.61B | $6.09B | $6.63B | $5.03B | $6.92B | $5.54B | $6.58B | $8.32B | $8.19B | $8.50B | $8.74B | $8.13B |
| High Forecast | $7.67B | $7.30B | $6.79B | $6.49B | $6.41B | $6.16B | $5.80B | $5.56B | $5.95B | $5.55B | $4.80B | $8.84B | $9.62B | $7.31B | $10.05B | $8.04B | $8.75B | $6.65B | $9.13B | $7.31B | $7.95B | $6.04B | $8.30B | $6.65B | $7.89B | $9.99B | $9.83B | $10.20B | $10.48B | $9.75B |
| Low Forecast | $7.26B | $6.91B | $6.43B | $6.14B | $6.07B | $5.83B | $5.49B | $5.26B | $5.63B | $5.19B | $4.71B | $5.90B | $6.42B | $4.87B | $6.70B | $5.36B | $5.83B | $4.43B | $6.09B | $4.87B | $5.30B | $4.03B | $5.54B | $4.43B | $5.26B | $6.66B | $6.55B | $6.80B | $6.99B | $6.50B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | -0.12% | 0.13% | -0.05% | 2.00% | 0.33% | 0.15% | 1.23% | 1.97% | 1.31% | 1.99% | 1.62% | 0.98% | 1.07% | 1.19% | 1.14% | 0.83% |
21 analysts predict INTC's average Quarter EBITDA for Mar 24 to be $7.37B, with a high of $8.84B and a low of $5.90B. This is 185.12% upper than Intel's previous annual EBITDA (Dec 23) of $2.58B.
Intel Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 10 | 19 | 14 | 9 | 9 | 14 | 9 | 10 | 21 | 21 | 21 | 21 | 30 | 15 | 15 | 14 | 14 | 14 | 28 | 19 | 19 | 19 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $2.67B | - | $1.48B | $-2.77B | $-661.00M | $1.02B | $-454.00M | $8.11B | $4.62B | $6.82B | $5.06B | $3.36B | $5.86B | $4.28B | $5.11B | $5.66B | $6.91B | $5.99B |
| Avg Forecast | $3.95B | $3.54B | $2.91B | $2.63B | $2.68B | $2.30B | $1.79B | $1.51B | $2.08B | $1.38B | $476.55M | $3.54B | $4.41B | $4.17B | $4.85B | $3.22B | $4.01B | $3.79B | $4.41B | $2.93B | $3.65B | $3.45B | $4.01B | $2.66B | $3.62B | $4.28B | $4.55B | $4.91B | $5.41B | $5.12B |
| High Forecast | $4.09B | $3.66B | $3.02B | $2.72B | $2.77B | $2.38B | $1.86B | $1.57B | $2.16B | $1.84B | $1.08B | $4.25B | $5.30B | $5.01B | $5.82B | $3.86B | $4.81B | $4.55B | $5.29B | $3.51B | $4.38B | $4.14B | $4.81B | $3.19B | $4.34B | $5.13B | $5.46B | $5.89B | $6.50B | $6.14B |
| Low Forecast | $3.81B | $3.41B | $2.81B | $2.54B | $2.58B | $2.22B | $1.73B | $1.46B | $2.01B | $1.15B | $346.58M | $2.83B | $3.53B | $3.34B | $3.88B | $2.57B | $3.21B | $3.03B | $3.53B | $2.34B | $2.92B | $2.76B | $3.21B | $2.13B | $2.90B | $3.42B | $3.64B | $3.93B | $4.33B | $4.10B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | - | 0.31% | -0.86% | -0.16% | 0.27% | -0.10% | 2.77% | 1.27% | 1.98% | 1.26% | 1.26% | 1.62% | 1.00% | 1.12% | 1.15% | 1.28% | 1.17% |
Intel's average Quarter net income forecast for Mar 24 is $3.54B, with a range of $2.83B to $4.25B. INTC's average Quarter net income forecast represents a 32.63% increase compared to the company's last Quarter net income of $2.67B (Dec 23).
Intel SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 10 | 19 | 14 | 9 | 9 | 14 | 9 | 10 | 21 | 21 | 21 | 21 | 30 | 15 | 15 | 14 | 14 | 14 | 28 | 19 | 19 | 19 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.62B | - | $1.37B | $1.30B | $1.71B | $1.74B | $1.80B | $1.75B | $1.94B | $1.67B | $1.60B | $1.33B | $1.76B | $1.44B | $1.45B | $1.54B | $1.54B | $1.49B |
| Avg Forecast | $1.85B | $1.76B | $1.64B | $1.57B | $1.55B | $1.49B | $1.40B | $1.34B | $1.44B | $1.32B | $1.19B | $1.40B | $1.85B | $1.02B | $1.53B | $1.27B | $1.69B | $930.65M | $1.39B | $1.16B | $1.53B | $846.05M | $1.27B | $1.05B | $1.09B | $1.44B | $1.29B | $1.34B | $1.21B | $1.27B |
| High Forecast | $1.90B | $1.81B | $1.69B | $1.61B | $1.59B | $1.53B | $1.44B | $1.38B | $1.48B | $1.38B | $1.19B | $1.68B | $2.22B | $1.23B | $1.84B | $1.53B | $2.02B | $1.12B | $1.67B | $1.39B | $1.84B | $1.02B | $1.52B | $1.26B | $1.30B | $1.72B | $1.55B | $1.60B | $1.45B | $1.52B |
| Low Forecast | $1.80B | $1.72B | $1.60B | $1.52B | $1.51B | $1.45B | $1.36B | $1.31B | $1.40B | $1.29B | $1.17B | $1.12B | $1.48B | $818.98M | $1.23B | $1.02B | $1.35B | $744.52M | $1.12B | $924.75M | $1.23B | $676.84M | $1.01B | $840.68M | $868.92M | $1.15B | $1.03B | $1.07B | $967.14M | $1.02B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | - | 0.90% | 1.02% | 1.01% | 1.87% | 1.29% | 1.52% | 1.27% | 1.98% | 1.26% | 1.26% | 1.62% | 1.00% | 1.12% | 1.15% | 1.28% | 1.17% |
Intel's average Quarter SG&A projection for Mar 24 is $1.40B, based on 21 Wall Street analysts, with a range of $1.12B to $1.68B. The forecast indicates a -13.50% fall compared to INTC last annual SG&A of $1.62B (Dec 23).
Intel EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 10 | 19 | 14 | 9 | 9 | 14 | 9 | 10 | 21 | 21 | 21 | 21 | 30 | 15 | 15 | 14 | 14 | 14 | 28 | 19 | 19 | 19 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.63 | - | $0.35 | $-0.68 | $-0.16 | $0.25 | $-0.11 | $1.99 | $1.14 | $1.68 | $1.25 | $0.83 | $1.43 | $1.02 | $1.20 | $1.33 | $1.60 | $1.36 |
| Avg Forecast | $0.93 | $0.83 | $0.69 | $0.62 | $0.63 | $0.54 | $0.42 | $0.36 | $0.49 | $0.33 | $0.11 | $0.14 | $0.45 | $0.22 | $-0.04 | $-0.16 | $0.20 | $0.37 | $0.69 | $0.78 | $0.90 | $1.11 | $1.07 | $1.15 | $1.11 | $1.11 | $1.11 | $1.28 | $1.25 | $1.24 |
| High Forecast | $0.96 | $0.86 | $0.71 | $0.64 | $0.65 | $0.56 | $0.44 | $0.37 | $0.51 | $0.43 | $0.26 | $0.16 | $0.46 | $0.31 | $-0.04 | $-0.16 | $0.21 | $0.38 | $0.72 | $0.85 | $0.98 | $1.20 | $1.16 | $1.24 | $1.20 | $1.20 | $1.20 | $1.39 | $1.35 | $1.34 |
| Low Forecast | $0.90 | $0.80 | $0.66 | $0.60 | $0.61 | $0.52 | $0.41 | $0.34 | $0.47 | $0.27 | $0.08 | $0.13 | $0.43 | $0.21 | $-0.04 | $-0.17 | $0.20 | $0.36 | $0.67 | $0.73 | $0.84 | $1.03 | $0.99 | $1.06 | $1.02 | $1.02 | $1.03 | $1.19 | $1.16 | $1.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.41% | - | -9.24% | 4.14% | -0.79% | 0.67% | -0.16% | 2.54% | 1.26% | 1.51% | 1.17% | 0.72% | 1.29% | 0.92% | 1.08% | 1.04% | 1.28% | 1.10% |
According to 21 Wall Street analysts, Intel's projected average Quarter EPS for Mar 24 is $0.14, with a low estimate of $0.13 and a high estimate of $0.16. This represents a -78.21% decrease compared to INTC previous annual EPS of $0.63 (Dec 23).
Intel Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| INTC | Intel | $31.83 | $40.88 | 28.43% | Hold |
| MRVL | Marvell | $71.92 | $80.00 | 11.23% | Buy |
| TSM | Taiwan Semiconductor Manufacturing | $151.68 | $157.67 | 3.95% | Buy |
| AMD | Advanced Micro Devices | $164.47 | $160.66 | -2.32% | Buy |
| MU | Micron | $125.29 | $111.79 | -10.78% | Buy |
| AVGO | Broadcom | $1.40K | $1.09K | -21.59% | Buy |
| NVDA | NVIDIA | $924.79 | $699.32 | -24.38% | Buy |
INTC Forecast FAQ
Is Intel a good buy?
No, according to 31 Wall Street analysts, Intel (INTC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 38.71% of INTC's total ratings.
What is INTC's price target?
Intel (INTC) average price target is $40.88 with a range of $17 to $72, implying a 28.43% from its last price of $31.83. The data is based on 31 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Intel stock go up soon?
According to Wall Street analysts' prediction for INTC stock, the company can go up by 28.43% (from the last price of $31.83 to the average price target of $40.88), up by 126.20% based on the highest stock price target, and down by -46.59% based on the lowest stock price target.
Can Intel stock reach $50?
INTC's highest twelve months analyst stock price target of $72 supports the claim that Intel can reach $50 in the near future.
What is Intel's current price target trend?
4 Wall Street analysts forecast a $37.25 price target for Intel (INTC) this month, up 17.03% from its last price of $31.83. Compared to the last 3 and 12 months, the average price target increased by 28.56% and increased by 23.31%, respectively.
What are Intel's analysts' financial forecasts?
Intel's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $63.31B (high $65.04B, low $61.57B), average EBITDA is $23.29B (high $23.92B, low $22.65B), average net income is $8.28B (high $8.58B, low $7.99B), average SG&A $5.78B (high $5.94B, low $5.62B), and average EPS is $1.95 (high $2.02, low $1.88). INTC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $74.77B (high $76.81B, low $72.72B), average EBITDA is $27.5B (high $28.25B, low $26.75B), average net income is $13.03B (high $13.5B, low $12.57B), average SG&A $6.83B (high $7.01B, low $6.64B), and average EPS is $3.07 (high $3.18, low $2.96).
Did the INTC's actual financial results beat the analysts' financial forecasts?
Based on Intel's last annual report (Dec 2023), the company's revenue was $54.23B, beating the average analysts forecast of $51.88B by 4.52%. Apple's EBITDA was $93M, missing the average prediction of $29.18B by -99.68%. The company's net income was $1.69B, missing the average estimation of $16.66B by -89.86%. Apple's SG&A was $5.63B, missing the average forecast of $5.68B by -0.85%. Lastly, the company's EPS was $0.4, missing the average prediction of $0.465 by -13.89%. In terms of the last quarterly report (Dec 2023), Intel's revenue was $15.41B, beating the average analysts' forecast of $15.17B by 1.54%. The company's EBITDA was $2.58B, missing the average prediction of $8.02B by -67.77%. Intel's net income was $2.67B, missing the average estimation of $4.41B by -39.52%. The company's SG&A was $1.62B, missing the average forecast of $1.85B by -12.77%. Lastly, the company's EPS was $0.63, beating the average prediction of $0.447 by 40.98%