Intel Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Intel stock have an average target of 42.61, with a low estimate of 17 and a high estimate of 66. The average target predicts an increase of 24.30% from the current stock price of 34.28.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$42.61	$40	$66
Change	-50.41%	+24.30%	+16.69%	+92.53%

Analyst Ratings

The average analyst rating for Intel stock from 30 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	4	4	3	3	3	3
Buy	2	2	2	2	2	2
Hold	15	16	21	21	21	21
Sell	4	3	3	3	3	2
Strong Sell	2	2	2	2	2	2
Total	27	27	31	31	31	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Frank Lee HSBC	HSBC	Hold Maintains $44 → $37	Hold	Maintains	$44 → $37	+7.93%	Apr 23, 2024
Matthew Bryson Wedbush	Wedbush	Hold Reiterates $40	Hold	Reiterates	$40	+16.69%	Apr 17, 2024
Christopher Rolland Susquehanna	Susquehanna	Hold Maintains $42 → $40	Hold	Maintains	$42 → $40	+16.69%	Apr 17, 2024
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Hold Initiates $40	Hold	Initiates	$40	+16.69%	Apr 16, 2024
Christopher Danely Citigroup	Citigroup	Hold Maintains $48 → $40	Hold	Maintains	$48 → $40	+16.69%	Apr 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

58.56B

from 54.23B

7.98%

from 54.23B

Revenue Next Year

65.35B

from 58.56B

11.61%

from 58.56B

EPS This Year

1.37

from 0.40

242.78%

from 0.40

EPS Next Year

2.29

from 1.37

66.71%

from 1.37

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	71.97B	77.87B	79.02B	63.05B	54.23B	58.56B	65.35B	71.88B	81.38B
Revenue Growth	1.58%	8.20%	1.49%	-20.21%	-14.00%	7.98%	11.61%	9.98%	13.22%
EPS	4.71	4.94	4.86	1.94	0.40	1.37	2.29	3.03	4.82
EPS Growth	5.13%	4.88%	-1.62%	-60.08%	-79.38%	242.78%	66.71%	32.48%	59.32%
No. Analysts	-	-	-	-	-	45	42	15	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	63.5B	75.6B	83.7B	83.8B
Avg	58.6B	65.4B	71.9B	81.4B
Low	50.3B	53.9B	60.7B	78.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	17.1%	29.0%	28.0%	16.5%
Avg	8.0%	11.6%	10.0%	13.2%
Low	-7.2%	-8.0%	-7.1%	8.8%

EPS Forecast

EPS	2024	2025	2026	2027
High	1.81	3.31	3.79	4.97
Avg	1.37	2.29	3.03	4.82
Low	0.90	1.06	1.37	4.64

EPS Growth

EPS Growth	2024	2025	2026	2027
High	351.5%	141.2%	65.8%	64.0%
Avg	242.8%	66.7%	32.5%	59.3%
Low	125.4%	-22.8%	-40.0%	53.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.