As Intel Corp. (NASDAQ: INTC) rides the Artificial Intelligence (AI) boom, James Schneider, an analyst at Goldman Sachs Group, Inc. (NYSE: GS), has signaled further bullishness on Intel stock.
On June 25, 2026, the Wall Street analyst initiated coverage on Intel stock with a Neutral rating, according to a note shared with clients. Additionally, Schneider set a 12-month price target of $150.00, implying approximately 13.94% upside from the current share price of $131.65.
The analyst expects Intel stock price to be a major beneficiary of rising server demand driven by agentic AI. He also highlighted significant upside optionality from the company’s foundry business, particularly in advanced packaging, which is projected to generate $10 billion in revenue by 2030.
Schneider also forecasts external wafer revenue could accelerate by 2028, reaching $11 billion by 2030. He said this growth underscores Intel’s expanding role in the U.S. semiconductor foundry ecosystem as demand for AI infrastructure continues to surge.
However, the analyst noted that Intel’s closest peers, including Advanced Micro Devices, Inc. (NASDAQ: AMD), NVIDIA Corporation (NASDAQ: NVDA), and Broadcom Inc. (NASDAQ: AVGO), offer more compelling opportunities with superior revenue visibility and are trading in line with or below Intel on a 2030 price-to-earnings basis.
Intel stock price forecast and outlook
Following a bullish rating of INTC stock price from Goldman Sachs, the average INTC stock forecast hovered around $94.19 according to data from TipRanks. Earlier this week, Vivek Arya from Bank of America reiterated a ‘Buy’ rating and set a 12-month INTC stock price target of between $135 and $160.
At the time of reporting, the Intel stock price traded at about $131.65, up more than 256% year-to-date (YTD). As such, the company’s valuation could climb higher as a top Wall Street analyst signaled bullish sentiment.
