Veteran Analyst Firm Revises Intel Stock Price Target for 2027

Intel Gets Major Price Target Boost as Wall Street Sees Turnaround Taking Hold

This article first appeared on GuruFocus. Intel (NASDAQ:INTC) shares remained in focus after Stifel raised its price target on the chipmaker to $120 from $75 while maintaining a Hold rating, citing continued progress in the company's multiyear turnaround. Stifel said Intel's upcoming results are likely to meet or modestly exceed current expectations.

The brokerage added that investor attention will likely center on management's commentary around server CPU demand, pricing trends, graphics processor production and foundry operations, which it views as important indicators of the company's longer-term recovery. The firm said downside risks to Intel's margins and earnings appear to be easing over the next several quarters as the turnaround advances. However, it noted that Intel's longer-term execution on processors and contract chip manufacturing remains the key factor for the stock rather than near-term quarterly performance.

The updated target follows a series of more constructive analyst views on Intel as demand for AI infrastructure and data center chips continues to reshape the semiconductor industry. Intel shares have rallied sharply over the past year as investors increasingly focus on the company's manufacturing expansion and recovery strategy.