Price Chart

Executive Summary

B of A Securities double-upgraded INTC from Underperform to Buy on June 11, 2026, raising its price target to $135 from $96, implying 26.1% upside from the current $107.04. The firm has a 54% accuracy rate on 3,282 calls with a 5.1% average return, placing it near the middle of the 15 firms tracked. Consensus is heavily tilted to Hold — 32 of 53 analysts rate it Hold, with 17 Buy-equivalent and 4 Sell. The mean target of $92.17 sits 13.9% below the current price, making this a strongly contrarian call. Price targets range from $45 to $150, with B of A's $135 well above the median $90. Momentum is positive: 1 upgrade in 30 days, 0 downgrades, and EPS revisions are overwhelmingly upward — 31 upward revisions for the current quarter and 35 for the current year, with zero downward revisions. Insider selling by two executives ($2.5M and $4.0M) partially offsets the bullish signal, but institutional buying from FMR LLC (doubled position, +110.7%) provides strong convergence. Short interest at 58.4% of off-exchange volume suggests elevated bearish positioning that could fuel a squeeze. The bottom line: this is a high-conviction contrarian upgrade from a credible firm, supported by strong institutional accumulation and upward EPS revisions, but the heavy Hold consensus and insider sales warrant caution.

Impact Score

Consensus & Targets

Of 53 analysts covering INTC, 4 rate it Strong Buy, 13 Buy (total 32.1% Buy-equivalent), 32 Hold (60.4%), 4 Sell (7.5%), and 0 Strong Sell. The consensus is heavily tilted to Hold, making B of A's upgrade a clear outlier.

Current price: $107.04. Mean target: $92.17 (13.9% downside). Median: $90. High: $150. Low: $45. B of A's $135 PT sits 46.5% above the mean and 50% above the median, placing it in the top quartile of targets.

Recent Analyst Activity

30-day analyst activity: 1 upgrade (B of A), 0 downgrades. EPS revisions are overwhelmingly positive: current quarter saw 31 upward revisions and 0 downward; current year saw 35 upward and 0 downward. Estimates are being revised higher across all periods.

Firm Track Record — B of A Securities

B of A Securities accuracy: 54% on 3282 calls | avg return: 5.1%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

B of A Securities has a 54% accuracy rate on 3,282 calls with a 5.1% average return, ranking near the middle of 15 tracked firms. Top performers include Seaport Global (100% on 2 calls, 3.8% avg return), Morgan Stanley (80% on 5 calls, 11.2% avg return), and Needham (71% on 7 calls, 15.1% avg return). Worst: Baird (50% on 2 calls, -6.7% avg return) and Northland Capital Markets (50% on 2 calls, -3.8% avg return).

Earnings Estimates

Next earnings: Jul 22, 2026

Cross-Platform Signals

Insider trades: two sales totaling ~$6.5M (Chandrasekaran Nagasubramaniyan $2.5M on May 29; Miller Boise April $4.0M on May 1) — these are C-suite level sales, which carry weight but are not cluster sales. Congressional activity: one small sell by Rep. Dwight Evans ($1K-$15K on May 7) — negligible. Institutional: FMR LLC doubled its position (+110.7%, $2.5B) and added two more positions (+90.8%, $1.0B; +48.5%, $479M) — strong bullish accumulation. Capital Research Global Investors trimmed 55.2% ($705M) — a partial offset. Short interest: 58.4% of off-exchange volume, indicating elevated bearish positioning that could amplify upside on positive catalysts. Convergence: institutional buying aligns with the upgrade; insider sales diverge but are not strong enough to negate the signal.

Investment Themes

Documents Analyzed

Report based on filing metadata.

US Market Status