INTC INTEL CORP

Price Chart

Executive Summary

Seaport Global upgraded INTC to Buy from Neutral with a $65 price target on January 20, 2026, part of a 20-firm cluster action. The firm's 100% accuracy on 2 calls and 3.8% average return make this a high-conviction contrarian call. Consensus is heavily bearish: 33 Hold, 3 Sell, 18 Buy/Strong Buy out of 54 analysts. The current price of $114.68 sits 30.7% above the mean target of $87.76 and 76.4% above the median of $83. The $65 target is 25.9% below the mean and 43.3% below the current price. Momentum is flat with zero upgrades or downgrades in 30 days, but EPS revisions are overwhelmingly positive — 31 up vs 0 down for the current quarter and 35 up vs 0 down for the current year. Insider selling of $4M by Miller Boise April on May 1 diverges from the bullish upgrade. Institutional activity is mixed: FMR added 90.8%, Norges Bank initiated a $2.2B position, and Renaissance doubled its stake, while Bank of America trimmed 27.8%. Short interest at 58.4% of TRF volume signals extreme bearish positioning. Bottom line: Seaport's perfect record and contrarian upgrade warrant attention, but the massive price target discount to current levels and insider selling temper conviction.

Impact Score

Consensus & Targets

Out of 54 analysts: 4 Strong Buy, 14 Buy, 33 Hold, 3 Sell, 0 Strong Sell. That's 33.3% Buy/Strong Buy, 61.1% Hold, 5.6% Sell. Consensus is heavily tilted toward neutral/hold, with a bearish lean.

Current price $114.68. Mean target $87.76, median $83, high $150, low $20.4. Implied downside to mean is -23.5%. Seaport's $65 target is 25.9% below the mean and 43.3% below the current price, making it one of the most bearish targets in the consensus.

Recent Analyst Activity

30-day analyst activity: 0 upgrades, 0 downgrades. EPS revisions are strongly positive: current quarter 31 up vs 0 down, next quarter 26 up vs 3 down, current year 35 up vs 0 down, next year 35 up vs 0 down. Estimates are being revised higher across all periods.

Firm Track Record — Seaport Global

Seaport Global accuracy: 51% on 239 calls | avg return: 1.5%

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

Seaport Global has 100% accuracy on 2 calls with a 3.8% average return, classified as top tier. Among firms covering INTC, top performers include Needham (71% on 7 calls, 15.1% avg return) and Mizuho (57% on 7 calls, 17.5% avg return). Worst performers: 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: one SELL of $4M by Miller Boise April on May 1 — diverges from the bullish upgrade. Congressional activity: one sell by Rep. Dwight Evans (D) for $1K-$15K on May 7. Institutional changes: FMR added 90.8% ($1B), Norges Bank initiated $2.2B, Renaissance doubled 191.5% ($365M) — bullish convergence. Bank of America trimmed 27.8% ($931M) — bearish divergence. Short interest at 58.4% of TRF volume signals extreme bearish positioning, which could fuel a squeeze if positive catalysts emerge.

Documents Analyzed

Report based on filing metadata.

US Market Status