Intel Stock Slips Despite Blowout Quarter: Here's What 4 Analysts Are Saying

• Wedbush analyst Matt Bryson maintained a Neutral rating, while raising the price target from $60 to $98.
• Rosenblatt Securities analyst Kevin Cassidy reiterated a Sell rating, while lifting the price target from $65 to $80.
• Cantor Fitzgerald analyst C.J. Muse maintained a Neutral rating, while cutting the price target from $150 to $125.
• BofA Securities analyst Vivek Arya maintained a Buy rating and price target of $160.

Check out other analyst stock ratings.

Wedbush: Intel comfortably exceeded its guidance, and its new outlook appears "extremely beatable," despite coming in higher than consensus estimates, "given strong underlying conditions," Bryson said in a note. Server compute demand drove the company’s strong second-quarter results, he added.

Although DCAI (Datacenter and AI Group) growth of 59% year-on-year represented an all-time high, "Intel compute is the single most difficult component to source today in the server supply chain," the analyst wrote. Against this backdrop, the company could continue to generate sales growth and margin expansion, he further stated.

Rosenblatt Securities: Intel reported revenues of $16.1 billion, up 25.4% year-on-year and 18.8% sequentially, above consensus of $14.44 billion on strong demand and better-than-expected supply, Cassidy said. Non-GAAP gross margins expanded 1,210 basis points (bps) to 41.8% and non-GAAP earnings of 42 cents per share topped consensus estimates of 39.7% and 22 cents per share, respectively, he added.

Intel’s sequential growth outlook at around 2% "is muted.” Demand is pushing capacity limits, the analyst stated. "In response, management is increasing 2026 CapEx to $20B from what we estimate was ~ $15B," he further wrote.

Cantor Fitzgerald: Intel reported a strong quarterly beat and its September quarter guidance came higher than expected, Muse said. Although DCAI’s new capacity for server CPUs is expected to ramp towards the end of the third quarter, this sets the stage for a "strong re-acceleration of growth" into the fourth quarter, he added.

If the company were to be a moderately fast follower of Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) that “would be a win," the analyst stated. "On the other hand, we see a more gradual fundamental recovery, which means more meaningful clarity to customer wins, and revenue sizing across both front-end and back-end is likely necessary for the next big move higher—something we don’t expect mgmt to provide over the near-term," he further wrote.

BofA Securities: Intel’s sales were 12% higher than expectations, while its earnings of 42 cents per share came in nearly double of consensus, Arya said.

Also, data center sales surged 59% year-on-year. That’s the best growth rate generated in the past 15 years, Arya added.

The results indicate that Intel’s core server CPU business is a strong participant in the ongoing agentic cycle, the analyst stated. The company’s U.S.-based leading-edge capacity and strong backing by the White House are "long-term competitive moats," he further wrote.

INTC Price Action: Shares of Intel had declined by 3.08% to $97.14 at the time of publication on Friday.

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