B of A Securities Rates Intel (INTC) buy, $135 Price Target
B of A Securities has raised its rating on Intel Corporation to Buy and set a price target at $135, a 5.58% upside from the current price.
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B of A Securities rated Intel Corporation ($INTC) "buy" with a $135 price target on June 11, 2026.
Since the rating, $INTC is up 14.6% after 1 week, down 11.8% after 1 month and down 23.2% to date (from the $116.96 close on Jun 11, 2026).
INTC
Intel Corporation
Key Points
- B of A Securities upgraded Intel Corporation's rating to Buy on June 11, 2026, setting a price target of $135, while shares are currently at $127.86.
- B of A Securities's $135 price target implies 5.58% upside from Intel Corporation's ($INTC) current $127.86 share price.
- Intel reported revenue of about $57 billion in its last fiscal year, but its current market situation poses challenges with a negative EPS of $2.12.
- Despite the upgrade from B of A Securities, the consensus among analysts remains mixed with a mean price target of around $118.05, indicating differing views on the stock's potential.
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B of A Securities Upgrades Intel Rating
B of A Securities has raised its rating on Intel Corporation (NasdaqGS: INTC) to Buy with a target price of $135. This change came on June 11, 2026, with the stock trading at $127.86 at the time of the announcement.
What Changed in the Rating
This upgrade marks a significant shift in B of A’s outlook on Intel, which had not previously set a target for the stock. The firm emphasizes confidence in Intel’s future prospects with its new price target.
Analysts Set New Price Targets
Other analysts have varied views on Intel as well. On October 6, 2026, Mizuho maintained a Neutral rating with a target of $114, up from $92. TD Cowen reiterated a Hold rating at $115 on September 24, 2026, while Tigress Financial kept a Buy rating with a target of $145 on September 15, 2026. Northland Capital Markets upgraded their stance to Outperform, targeting $120 on September 8, 2026. The overall consensus indicates a mean price target of approximately $118.05 among the 43 analysts covering the stock.
Stock Performance Context
Intel's stock price trades above its 50-day moving average of about $103.37, indicating a recent rally. However, it remains below its 52-week high of $142.35, suggesting volatility in its stock price this past year. Investors will be watching closely after the recent upgrade as the company navigates challenges in the semiconductor market.
$INTC price target
Intel Corporation daily closes and this analyst's $135 target. Not advice.
Recent Earnings
For its most recent fiscal year, Intel reported revenue of approximately $57 billion. However, the company faced difficulties, finishing with an EPS of -$2.12, which illustrates the struggles it has encountered in maintaining profitability. The next earnings report is scheduled for October 29, 2026.
Overview of Intel Corporation
Intel Corporation designs and manufactures a wide range of computing and related products, serving various industries globally. Its ongoing developments in semiconductors and data center products are crucial as it aims to regain a competitive edge in the technology sector.
What's Next for Intel
Looking ahead, Intel's next earnings date is set for October 29, 2026. The recent upgrade from B of A may influence investor sentiment as they await further performance updates. Keep in mind that this rating change reflects B of A's position as of the reporting date and may not indicate future moves.
Related Filing Alerts
Source: B of A Securities's rating change on $INTC (Jun 11, 2026). Written by software, not financial advice. How we make alerts