Semiconductor company Intel (INTC) is scheduled to report its second-quarter 2026 results on July 23. INTC stock has fallen more than 30% over the past month amid a broader sell-off in technology shares. Wall Street expects Intel to report earnings per share (EPS) of $0.22, compared with a loss of $0.10 per share a year ago. Revenue is projected to rise nearly 12% year-over-year to $14.42 billion. Meanwhile, analysts remain divided on the stock, with a consensus Hold rating.
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Intel manufactures processors and AI chips used in personal computers, data centers, cloud computing, and industrial applications. Here’s what Wall Street expects from Intel stock ahead of earnings.
Latest Analysts’ Views on INTC Stock
Heading into earnings, several analysts recently raised their price targets on INTC, but the broad sentiment is neutral.
Among the bulls, five-star-rated analyst Atif Malik at Citi reiterated his Buy rating on INTC at a price target of $130. This implies an upside of over 35%. Malik expects Intel’s CPU business to grow significantly over the next five years, driven by rising demand for agentic AI applications. Citi also forecasts Intel will hold a 47% share of the CPU market by 2030.
Meanwhile, John Vinh from KeyBanc lifted his price target on INTC from $100 to $155 with a Buy rating. He said Intel is making steady progress in its foundry business, with better chip manufacturing yields. Vinh noted that Intel’s 18A node, an advanced manufacturing process, has reached about 85% yields, up from 65% in the previous quarter. As production improves, Vinh believes Intel could expand 18A capacity and win more customers. He also expects Intel’s next-generation 14A process to stay on track for mass production in the second half of 2028.
On the other hand, Rosenblatt analyst Kevin Cassidy raised his price target to $65 from $50 but kept a Sell rating. Cassidy sees healthy demand for Intel’s CPUs but expects revenue growth of around 20% year-over-year. He believes lower manufacturing yields could limit the company’s upside.
Who Are the Best Analysts Covering INTC Stock?
Currently, four-star-rated analyst Cody Acree at Benchmark is the most accurate analyst covering INTC over the timeframes of three months, one year, and two years. He has a 58% success rate and an average return of 5.59% per trade in the last three months. On TipRanks, Acree ranks #39 among more than 12,000 tracked analysts.
Acree has a Buy rating on INTC with a price target of $140. He believes investors are underestimating Intel’s earnings potential for fiscal 2027 and 2028. Acree believes demand remains strong. The focus has now shifted to whether Intel can increase production fast enough. As the company expands its manufacturing capacity and advanced packaging business, he expects the recovery to gain momentum.
At the same time, Acree is also the most profitable analyst covering INTC stock.
Is INTC a Good Stock to Buy?
According to TipRanks, INTC stock has received a Hold consensus rating, with 10 Buys, 24 Holds, and two Sells assigned in the last three months. The average price target for Intel is $113.72, suggesting an upside of 19.66% from the current level.
