Goldman Sachs Starts Intel (INTC) Coverage
Intel Corporation (NASDAQ:INTC) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.
On June 25, 2026, Goldman Sachs analyst James Schneider initiated coverage of Intel Corporation (NASDAQ:INTC) with a Neutral rating and $150 price target, representing 12% upside. Schneider expects Intel to benefit from rising server demand tied to agentic AI and sees "upside optionality" from its role as a U.S. "champion" through its foundry business and longer-term wafer outsourcing potential. Still, Schneider noted that peers such as AMD and Nvidia have better revenue visibility and more compelling opportunities at a better valuation. Goldman Sachs sees balanced risk/reward at current levels.
On June 23, BofA raised its price target on Intel to $160 from $135 and kept a Buy rating. BofA updated its semiconductor industry models and price objectives, raising its calendar year 2030 total semiconductor industry addressable market forecast to $2.7T from $2.3T, led mostly by growth in memory and data center, with additional support from recovery in auto and industrial markets.
On June 22, Mizuho analyst Vijay Rakesh raised the firm's price target on Intel to $135 from $128 and kept a Neutral rating. Rakesh said Intel could see EMIB-T and Foveros tailwinds and could reach 10%-15% advanced packaging market share over the long term.
Intel Corporation (NASDAQ:INTC) designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally.
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