As Intel Corp. (NASDAQ: The price of INTC shares) stock suggests it may be on the upside, two other Wall Street analysts have expressed interest.
Ruben Roy, Wall Street analyst at Stifel Nicolaus, assigned a ‘Hold’ rating on INTC. property on July 10 in a letter to clients. However, Roy raised his 12-month price target for Intel stock to $120 from $75, indicating a potential upside of 9.94%.
The analyst noted that the company relied heavily on reviews of central processing units (CPUs) and graphics processing units (GPUs). Additionally, INTC stock is among the AI stocks that have benefited from the ongoing AI adoption.
“We expect stocks to move more of the demand (ASPs and volumes) tied to server CPUs and provide feedback (yields and volumes) to the GPU side,” Roy said. he said.
Meanwhile, Aaron Rakers, analyst at Wells Fargo & Co. (NYSE: WFC), remained neutral on I stock. In the next 12 months, Rakers assigned a price of $110 per share of Intel, which represents a 0.78% upside.
INTC price and performance
INTC stock price from 39 Wall Street analysts he was asked in TipRanks it was $102.50 at press time. Therefore, these Wall Street analysts have given a ‘Hold’ rating to the company.
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Basically, Wall Street is neither bullish nor bullish on Intel shares over the next 12 months. In addition, the Fed’s recent comment that AI is increasing inflation, according to Finbold he explainedmay affect investments in AI stocks, depending on investment decisions in the second half of 2026.
Year-to-date (YTD), Intel stock is up more than 175%, to trade around $108.61 at press time. Of course, Intel’s shares have dropped from $139.63 in July, making the top two, which is reflected in the Hold rating from Wall Street analysts.
