Intel (INTC) surged 330% in a year on 59% Data Center/AI growth, but hitting $160 requires EPS to nearly double as foundry losses narrow. A non-cash CHIPS Act charge distorted Intel's earnings print, leaving only 29% of analysts bullish despite non-GAAP EPS nearly doubling over the past three quarters. Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks.
See the full list FREE now. Intel (NASDAQ:INTC) has staged one of the most improbable comebacks in mega-cap tech. Shares are up 329.59% over the past year and 177.78% year to date, powered by a foundry ramp that works and a Data Center and AI segment that grew 59% year over year in Q2 2026.
CEO Lip-Bu Tan called it "the strongest revenue growth in more than 15 years." The question: Can Intel hit $160 per share in the next 12 months? Shares are down 0.48% over the past month and up just 0.84% in the past week. With a beta of 2.24, this stock swings hard, and the August 10 announcement of a $15 billion common stock offering reintroduced dilution fear into a name that had run parabolic.
Intel Foundry posted an operating loss of $2.1 billion in Q2, and Q1 GAAP results absorbed a $4.07 billion restructuring charge. A mixed PC market (management guided PC consumption down low double digits for 2026) adds headwinds to a stock digesting a triple. Wall Street's target price sits at $114.88, with 2 Strong Buys, 12 Buys, 31 Holds, 2 Sells, and 1 Strong Sell.
Our base case comes in at $109.38 with 90% confidence, an upside of only 4.46%. Our bull case reaches $123.54. The consensus is anchored to a trailing loss and a -71.7% earnings growth print that reflects the CHIPS Act non-cash charge.
With only 29% of analysts bullish, the setup is asymmetric. If EPS compounds at the Q2 pace, the rating slate gets rewritten. Reaching $160 from today's price of $104.71 would require a gain of 52.8%.
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