Intel (NASDAQ:INTC) Given New $85.00 Price Target at JPMorgan Chase & Co.

Posted by Brenda Bartman on Jul 24th, 2026

Intel (NASDAQ:INTC – Get Free Report) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $45.00 to $85.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “underweight” rating on the chip maker’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 11.69% from the stock’s previous close.

A number of other analysts have also commented on INTC. HC Wainwright set a $150.00 target price on Intel in a report on Monday, June 29th. Jefferies Financial Group began coverage on Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. UBS Group set a $115.00 price objective on shares of Intel in a research note on Thursday, July 16th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday. Finally, Evercore set a $95.00 target price on Intel in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $106.96.

View Our Latest Stock Report on Intel

Intel Stock Down 4.0%

Shares of Intel stock traded down $3.98 during trading on Friday, hitting $96.25. The company’s stock had a trading volume of 117,655,539 shares, compared to its average volume of 120,312,828. Intel has a 52 week low of $18.97 and a 52 week high of $142.35. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a fifty day simple moving average of $116.17 and a two-hundred day simple moving average of $77.97. The company has a market capitalization of $483.77 billion, a PE ratio of -154.80 and a beta of 2.18.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the company earned ($0.10) earnings per share. The business’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel will post 0.65 earnings per share for the current year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated Friday, May 1st. The shares were 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 owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several institutional investors have recently bought and sold shares of INTC. Financially Speaking Inc boosted its holdings in shares of Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners bought a new stake in shares of Intel during the first quarter worth $25,000. Legacy Bridge LLC bought a new position in shares of Intel in the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel in the fourth quarter worth about $29,000. Finally, Swiss RE Ltd. bought a new stake in Intel during the 4th quarter valued at about $29,000. Institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel reported Q2 EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion expected, with sales up about 25% year over year — its fastest growth in more than 15 years. Intel blows past estimates, recording fastest sales growth in almost 15 years on ‘unprecedented’ demand
Positive Sentiment: Management also raised Q3 guidance above consensus and pointed to surging AI infrastructure demand, strength in Xeon server CPUs, and progress in foundry/18A production, which supports the turnaround narrative. Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
Positive Sentiment: Several analysts turned more constructive after the report, with firms lifting price targets and some reiterating Buy/overweight views, citing stronger server and foundry momentum. These Analysts Revise Their Forecasts On Intel Following Q2 Results
Neutral Sentiment: The stock’s post-earnings move has been volatile, with some traders locking in gains and others waiting for proof that AI demand and foundry execution can sustain the rebound. Intel beats and raises, but Wall Street isn’t buying the rally
Neutral Sentiment: Mixed analyst commentary and price targets ranging widely suggest investors are still divided on how much of the turnaround is already priced in. Intel Stock Slips Despite Blowout Quarter: Here’s What 4 Analysts Are Saying
Negative Sentiment: Despite the strong report, Intel shares slipped at times as investors questioned whether the rally had run too far, especially given the stock’s sharp run-up this year and elevated valuation. Intel Stock Brushes Off Best Revenue in 15 Years

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.