A business expert suggests this Intel (NASDAQ: The price of INTC shares) is on track to reach a record high of $110 in the coming months based on long-term trends.
Specifically, Intel property has seen significant growth in recent days, with shares closing Friday at $82, up 23% on the day.
The rally rose after the company’s Q1 2026 results triggered a major rally in the stock.
The move pushed the stock past its highs in the $60s and marked one of its strongest one-day performances in years, showing renewed confidence in its AI and fundamentals.
Now, according to the analysis and TradingShot in a TradingView post on April 24, a break above the August 2000 all-time high and a quick move beyond the previously known level of $69 have confirmed a structural change.
The price action is now in line with the megaphone brand that has been booming for a long time The financial crisis of 2008characterized by increasing highs and lows.
Within this system, the current leg rises to 1.382 Fibonacci extensions close to $ 110, a level that also corresponds to the upper limit of the model.
The price of Intel stock next target
The outlook shows a non-linear trend, with recent highs likely to extend into the $100–$110 range before a correction.
Influence is expected around $57, where the 0.786 Fibonacci level and the rising 50-month moving average provide support.
Definite breakouts, strong momentum, and improving fundamentals will support a move to $110 by mid-2027, with volatility on the way.
In fact, the technical bullish pattern is supported by performance management. Revenue rose to $13.6 billion in Q1, beating expectations, while non-GAAP earnings per share rose to $0.29, beating forecasts.
Growth was led by the data center and AI segment, which rose 22% year-on-year, strengthening the company’s position in the most sought-after computing markets. Q2 guidance came back above consensus, pointing to a continuation.
