NYSE:HRI 23 February 2026

April 26, 2026, 2:20 AM EDT. Intel (NASDAQ:INTC) shares gained momentum after New Street Research increased its target price from $50 to $80, maintaining a "neutral" rating. The revised target suggests a potential 2.88% downside from the previous close. Other analysts showed optimism, with HSBC upgrading Intel to "buy" and setting a $95 target, Roth MKM assigning a $100 price goal, and Wells Fargo upping their target to $85. The stock surged 23% to $82.37 on high volume, well above its 50-day and 200-day moving averages. Intel's recent earnings beat expectations with $0.29 EPS against a $0.01 forecast, and revenues of $13.58 billion surpassed analyst estimates. Despite a negative net margin, the company showed revenue growth and positive return on equity. Insider buying by EVP David Zinsner also signals confidence. Analysts' consensus remains "Hold" with an average target of $72.98, reflecting mixed sentiments about Intel's near-term outlook.