Intel (INTC) Price Target Raised Ahead of Lip Bu Tan’s First Full-Quarter Earnings Report

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Analysts Are Tracking CloselyOn July 21, Stifel analyst Ruben Roy raised the price target on the stock to $24.50 (from $21.00) while maintaining a Hold rating. The raised price target comes ahead of Intel’s earnings report due on Thursday. According to the firm, the earnings report will represent Lip Bu Tan’s second earnings call and his full-quarter results as the CEO.

Stifel is of the view that investors will largely be focused on longer-term commentary regarding 18A production, 14A ramp, and portfolio restructuring efforts. This includes divestiture of non-core functions and investments in AI-centric hardware and software offerings.

Intel’s results are anticipated to align with consensus estimates, which are an estimated $12.0 billion in revenue, 36.2% adjusted gross margin, and $0.01 adjusted earnings per share.

Intel (INTC) Price Target Raised Ahead of Lip Bu Tan’s First Full-Quarter Earnings Report

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While the firm is optimistic about the second half of 2026 and the first half of 2027, believing it to be the “window of material inflection,” it is only if things go as planned. The firm therefore maintains a hold rating until it sees catalysts materializing.

Intel Corporation (NASDAQ:INTC) designs and sells computing hardware, semiconductor products, and AI-driven solutions for various industries.

While we acknowledge the risk and potential of INTC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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