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Intel Corporation

NASDAQ: INTC · TECHNOLOGY · SEMICONDUCTORS

$94.75
+12.10% today

Updated 2026-04-29

Market cap
$415.00B
P/E ratio
—
P/S ratio
7.72x
EPS (TTM)
$-0.60
Dividend yield
—
52W range
$19 – $85
Volume
104.2M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Intel Corporation (INTC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$94.75
Consensus
$61,230.00
+64522.69%
2030 Target
$196.48
+107.37%
DCF
$34.96
-30.46% MoS
33 analysts:
7 Buy23 Hold7 Sell

Management guidance

Intel CEO Lip-Bu Tan has signaled a significant turnaround with strong Q1 2026 results ($13.6B revenue, +7.2% YoY) and positive forward guidance. The company is capitalizing on AI CPU demand surge for inference and agentic computing workloads. Management has reaffirmed commitment to major capex investments and manufacturing expansion (Ohio One campus), indicating confidence in sustained demand through 2030.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$327.47
$78.5B Rev × 20x P/S
Base case (2030)
$196.48
$78.5B Rev × 12x P/S
Bear case (2030)
$130.99
$78.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$54.2B$53.1B$52.9B$56.5B$62.8B$64.7B$71.2B$78.5B
Revenue growth—-2.1%-0.5%6.9%11.2%9.3%10.1%10.2%
EPS$1.04$-0.13$0.41$0.65$1.42$1.42$1.85$2.35
P/S ratio———8.0x8.0x12.0x12.0x12.0x
Implied price———$115.56$123.81$161.22$176.33$196.48

Catalysts & risks

Growth catalysts
+ AI CPU inference workload acceleration (Meta, Microsoft, Amazon spending surge)
+ Successful manufacturing ramp at new fabs (Arizona, Ohio, Germany) supporting margin expansion
+ Market share gains in server CPU segment vs AMD as Intel regains competitive position
+ US government $8.9B+ investment and potential future subsidies through CHIPS Act
+ New product launches (Lunar Lake, Arrow Lake) driving customer wins
+ Potential AI accelerator/discrete GPU products entering market
Key risks
- Ohio One campus delayed to 2030-2032; capex intensity may pressure near-term profitability
- AMD and TSMC maintaining competitive pressure in advanced node manufacturing
- Geopolitical tensions and China export restrictions limiting TAM growth
- High debt load ($46.6B) limits financial flexibility for additional R&D or M&A
- Process node execution risk; competitive parity with TSMC/Samsung still unproven at N3/N2
- AI infrastructure capex cycle potentially peaking; customer spending could normalize post-2027

Methodology

Intel Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 33 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 26, 2026.