Tigress Financial raises Intel stock price target on Terafab partnership

Tigress Financial Partners has upgraded its price target for Intel Corp. (NASDAQ:INTC) to $145 from $118, maintaining a Buy rating on the stock. This new target suggests a potential 50% increase from the current price of $97.14, despite the stock's substantial 292% rise over the past year. The firm attributes the upgrade to the Terafab partnership, which bolsters Intel's AI-driven turnaround and expands its long-term upside potential.

Analysts highlight Intel's second-quarter results, which indicate an accelerating AI-driven recovery driven by Xeon demand, 18A execution, and improved operating leverage. Revenue has grown by 7.5% in the past year, and 33 analysts have revised their earnings estimates upward for the upcoming period. Tigress Financial emphasizes that Intel's 18A and Foundry expansion create a crucial manufacturing inflection with significant long-term economic upside.

The firm also notes that AI inference and agentic computing are restoring the CPU's strategic importance and accelerating Intel's data-center growth. While the bullish outlook remains strong, InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. Intel's disciplined capital allocation continues to fund its AI and Foundry turnaround while building future cash-return capacity.

Despite the positive analyst sentiment, Intel Corporation has also received mixed assessments from other firms. Piper Sandler initiated coverage with a Neutral rating, citing strong demand for Intel's CPU server products driven by Agentic AI, which is expected to sustain high revenue growth through 2030. Northland upgraded Intel's stock rating from Market Perform to Outperform, highlighting the company's progress in business turnaround and benefits from a shortage of server CPUs.

Mizuho adjusted its price target for Intel to $92, down from $109, but maintained a Neutral rating, citing strong growth prospects from Agentic AI demand. Citi has also provided a positive outlook for the semiconductor sector, contributing to Intel's recent share price rally.