B of A Securities Reiterates Buy Rating on Intel
B of A Securities maintains its buy rating on Intel with a $160 price target, a 22.72% upside from the current price.
Key Points
- B of A Securities reiterated its buy rating for Intel Corporation on June 23, 2026, with a price target of $160.
- B of A Securities's $160 price target implies 22.72% upside from Intel Corporation's ($INTC) current $130.38 share price.
- Intel's stock traded near $139.05 on Tuesday, with a market cap of $708.4 billion and a forward P/E ratio of 91.1.
- Intel insiders, including EVP CFO David Zinsner, were active in June with several stock transactions.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
B of A Securities reiterated its buy rating on Intel Corporation (NasdaqGS: INTC) on June 23, 2026. The firm set a price target of $160 for the semiconductor giant, indicating confidence in the company's future performance.
B of A Securities vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Analysts Set New Price Targets
On June 23, 2026, B of A Securities maintained its buy rating on Intel with a $160 price target. This follows a previous upgrade by the firm on June 11, 2026, to a buy rating with a $135 target. Other analysts like Barclays and Wells Fargo have maintained hold ratings, with targets of $100 and $110, respectively. The consensus recommendation for Intel remains a hold, with an average target price of about $94.14 based on 41 analyst opinions.
Intel Corporation Stock Up 45.7%
Shares of Intel traded near $139.05 on Tuesday. The company has a market cap of approximately $708.4 billion and a forward P/E ratio of 91.1, reflecting expectations for future growth. Its beta of 2.228 suggests higher volatility compared to the market. The stock has seen a 52-week low of $18.97 and a high of $141.45, with a 50-day moving average of $101.43 and a 200-day moving average of $55.51. Intel's debt-to-equity ratio stands at 36.03, with a current ratio of 2.31 and a quick ratio of 1.66.
$INTC price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Intel Corporation
Insider activity at Intel in early June included several transactions. On June 1, 2026, David Zinsner, Executive Vice President and CFO, was involved in both buying and selling activities totaling 37,015 shares. On May 30, 2026, Aliyar Katouzian, EVP and GM of the CC & Physical AI Group, purchased 32,729 shares, and Aparna Bawa, EVP, CLO & CPO, also made a purchase of 27,274 shares.
About Intel Corporation
Intel Corporation is a leading technology company based in Santa Clara, California. It designs and manufactures a wide range of computing products, including CPUs, GPUs, and networking solutions. The company operates through segments like Client Computing Group, Data Center and AI, and Intel Foundry Services. Intel serves a diverse customer base, including OEMs and cloud service providers, and has a strategic collaboration with Infosys Limited to advance AI infrastructure. With a workforce of over 85,100 employees, Intel continues to be a major player in the semiconductor industry.
Bottom Line
B of A Securities' reiterated buy rating and $160 target price reflect ongoing confidence in Intel's strategic direction and market position. As a major player in the semiconductor industry, Intel's stock performance and insider activity are closely watched by investors. It's important to remember that analyst ratings and 13F filings are backward-looking and may not reflect the current state of affairs.
Get Intel Corporation alerts
New 13F filings, insider trades, and analyst moves on $INTC, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.