B of A Securities Rates Intel (INTC) buy, $160 Price Target

B of A Securities maintains its buy rating on Intel with a $160 price target, a 22.72% upside from the current price.

By EarningsIQ Research Desk · Published Jun 23, 2026, 9:01 AM EDT · Updated Jun 26, 2026, 6:01 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

B of A Securities rated Intel Corporation ($INTC) "buy" with a $160 price target on June 23, 2026.

Since the rating, $INTC is up 5.6% after 1 week, down 24.2% after 1 month and down 32.1% to date (from the $132.28 close on Jun 23, 2026).

INTC Intel Corporation

$89.85 +128.16% year to date

Daily close · Oct 16, 2026

Key Points

B of A Securities reiterated its buy rating for Intel Corporation on June 23, 2026, with a price target of $160.
B of A Securities's $160 price target implies 22.72% upside from Intel Corporation's ($INTC) current $130.38 share price.
Intel's stock traded near $139.05 on Tuesday, with a market cap of $708.4 billion and a forward P/E ratio of 91.1.
Intel insiders, including EVP CFO David Zinsner, were active in June with several stock transactions.

Get $INTC trade alerts by text

We text you when insiders, Congress or big funds trade $INTC. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Intel Corporation alert may contain errors. Disclosures

B of A Securities reiterated its buy rating on Intel Corporation (NasdaqGS: INTC) on June 23, 2026. The firm set a price target of $160 for the semiconductor giant, indicating confidence in the company's future performance.

Analyst rating track record

B of A Securities vs. the S&P 500

YTD return +3.70% hypothetical

All-time return +26.99% S&P 500 +26.21%

vs. S&P 500 +0.78% ahead of the index

Hypothetical returns from B of A Securities's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On June 23, 2026, B of A Securities maintained its buy rating on Intel with a $160 price target. This follows a previous upgrade by the firm on June 11, 2026, to a buy rating with a $135 target. Other analysts like Barclays and Wells Fargo have maintained hold ratings, with targets of $100 and $110, respectively. The consensus recommendation for Intel remains a hold, with an average target price of about $94.14 based on 41 analyst opinions.

Intel Corporation Stock Up 32.9%

Shares of Intel traded near $139.05 on Tuesday. The company has a market cap of approximately $708.4 billion and a forward P/E ratio of 91.1, reflecting expectations for future growth. Its beta of 2.228 suggests higher volatility compared to the market. The stock has seen a 52-week low of $18.97 and a high of $141.45, with a 50-day moving average of $101.43 and a 200-day moving average of $55.51. Intel's debt-to-equity ratio stands at 36.03, with a current ratio of 2.31 and a quick ratio of 1.66.

12-month forecast

$INTC price target

Intel Corporation daily closes and this analyst's $160 target. Not advice.

Insider Buying and Selling at Intel Corporation

Insider activity at Intel in early June included several transactions. On June 1, 2026, David Zinsner, Executive Vice President and CFO, was involved in both buying and selling activities totaling 37,015 shares. On May 30, 2026, Aliyar Katouzian, EVP and GM of the CC & Physical AI Group, purchased 32,729 shares, and Aparna Bawa, EVP, CLO & CPO, also made a purchase of 27,274 shares.

About Intel Corporation

Intel Corporation is a leading technology company based in Santa Clara, California. It designs and manufactures a wide range of computing products, including CPUs, GPUs, and networking solutions. The company operates through segments like Client Computing Group, Data Center and AI, and Intel Foundry Services. Intel serves a diverse customer base, including OEMs and cloud service providers, and has a strategic collaboration with Infosys Limited to advance AI infrastructure. With a workforce of over 85,100 employees, Intel continues to be a major player in the semiconductor industry.

Bottom Line

B of A Securities' reiterated buy rating and $160 target price reflect ongoing confidence in Intel's strategic direction and market position. As a major player in the semiconductor industry, Intel's stock performance and insider activity are closely watched by investors. It's important to remember that analyst ratings and 13F filings are backward-looking and may not reflect the current state of affairs.