Intel (NASDAQ:INTC) Trading Up 2.4% After Analyst Upgrade

Posted by Brian Himes on May 19th, 2026

Intel Corporation (NASDAQ:INTC – Get Free Report)’s share price traded up 2.4% during trading on Tuesday after Citigroup raised their price target on the stock from $95.00 to $130.00. Citigroup currently has a buy rating on the stock. Intel traded as high as $113.07 and last traded at $110.80. 149,032,985 shares changed hands during trading, an increase of 24% from the average session volume of 120,250,703 shares. The stock had previously closed at $108.17.

Other equities analysts have also issued reports about the company. HSBC raised Intel from a “hold” rating to a “buy” rating and boosted their price target for the stock from $50.00 to $95.00 in a research report on Tuesday, April 21st. UBS Group set a $51.00 price target on Intel in a research report on Monday, February 2nd. BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Tuesday, April 21st. DZ Bank raised Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Finally, Truist Financial upped their target price on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $81.52.

Get Our Latest Stock Report on Intel

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel’s CEO said the foundry business is gaining momentum, yields are improving, and the company expects commitments from multiple foundry customers in the second half of the year, reinforcing the turnaround narrative. Intel CEO says foundry business is gaining momentum as customer interest grows
Positive Sentiment: Citi raised its price target on Intel to $130 from $95 and kept a Buy rating, citing a larger CPU addressable market tied to agentic AI workloads. The $132 Billion Infrastructure Pivot You Might Have Missed
Positive Sentiment: Another note said Intel could benefit from a $131 billion AI CPU opportunity by 2030, with analysts arguing the stock still has room to run after the recent rally. Citi Sees Massive $131 Billion AI Opportunity for Intel Stock by 2030
Positive Sentiment: Reports also said Intel and Qualcomm are eyeing AI chip startup Tenstorrent in a potential $5 billion-plus deal, highlighting strategic competition for AI semiconductor assets. Intel, Qualcomm Eye AI Chip Startup Tenstorrent
Positive Sentiment: Intel is benefiting from broader semiconductor enthusiasm, with coverage pointing to rising AI CPU demand, strong investor interest, and hedge-fund buying. As a New CPU Surge Takes Wall Street, Tiger Global Just Took a New Stake in Intel Stock
Neutral Sentiment: Some commentary argues Intel has already had a huge run and is increasingly viewed as a crowded trade, which could limit upside in the near term. Everyone Owns Chip Stocks. That Could Be a Problem for Intel and Others.
Negative Sentiment: Several articles warned that AI-chip stocks, including Intel, could face a sharp reversal as bond yields rise and traders crowd into the sector ahead of Nvidia earnings. AMD, Broadcom and Qualcomm Lead Chip Stock Sell-Off Ahead of Nvidia Earnings

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in INTC. Demars Financial Group LLC boosted its position in Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after acquiring an additional 125 shares during the period. Human Investing LLC boosted its position in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. boosted its position in Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after acquiring an additional 127 shares during the period. Angeles Wealth Management LLC boosted its position in Intel by 0.7% during the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after acquiring an additional 134 shares during the period. Finally, Signature Resources Capital Management LLC boosted its position in Intel by 21.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock worth $37,000 after acquiring an additional 147 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Up 2.4%

The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The stock has a 50-day simple moving average of $68.76 and a 200-day simple moving average of $51.38. The company has a market cap of $556.88 billion, a price-to-earnings ratio of -178.71 and a beta of 2.18.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the previous year, the firm posted $0.13 EPS. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Intel Company Profile

(Get Free Report)

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.