Intel (NASDAQ: INTC) delivered one of its strongest earnings beats in years on July 24, prompting some analysts to revise their Intel stock price targets.
For instance, Seaport Global Securities has raised its Intel stock prediction 2026 from $90 to $125 while reiterating a “Buy” rating, citing strong quarterly results and an improving outlook.
Specifically, the brokerage highlighted that Intel’s return to gross margins were above 40% for the first time in two years, which is seen as a key sign that the company’s turnaround is gaining traction.
Seaport also pointed to management’s decision to increase capital expenditure forecast for 2026 and likely 2027, arguing the chipmaker would not commit without securing meaningful customer demand. Intel’s confirmation that its 14A manufacturing process remains on track seems to support this.
DA Davidson raises INTC stock price target to $100
DA Davidson also raised its price target on Intel, lifting it from $77 to $100 while maintaining a “Neutral” rating. Analysts noted that the latest quarterly results exceeded Wall Street expectations on both revenue and earnings, which shows the growing importance of the firm’s CPU business.
“We maintain our NEUTRAL rating and raise our price target to $100 from $77 on INTC following strong 2Q26 earnings that were highlighted by a significant beat on top and bottom-line expectations,” DA Davidson wrote.
Moreover, DA Davidson pointed to increased capital expenditure plans as a sign that leadership is continuing to attract new customers as demand for domestic semiconductor manufacturing accelerates in the United States.
Cantor Fitzgerald cuts Intel stock price target
Conversely, Cantor Fitzgerald lowered its Intel share price forecast from $150 to $125, albeit while reiterating a “Neutral” rating and stating that the long-term outlook still remains promising.
On the more cautious end, Cantor pointed to uncertainty surrounding Intel’s client computing business, server CPU market share losses, and lack of new customer announcements. In addition, the brokerage also noted ongoing speculation that Intel could pursue an equity raise.
Nonetheless, the firm remains constructive on Intel, especially thanks to its ties to Taiwan Semiconductor Manufacturing (NYSE: TSM), which could strengthen both the company and the U.S. semiconductor industry.
Overall, Cantor concluded that investors are likely not going to be more bullish until Intel shows greater revenue potential in its front- and back-end manufacturing operations.
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