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Intel stock
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
Intel stock closed at $89.51 on Aug 31, up 267.6% over the past year. Analysts debate whether AI-driven CPU demand justifies further gains or a pullback.
Background
Intel's stock has surged over the past year, driven by optimism around AI demand and its manufacturing turnaround, including the Intel 18A ramp and an NVIDIA equity investment. However, the stock has been volatile, giving back a third of its gains since June, as investors weigh execution risks and shareholder dilution from a major equity offering.
How it unfolded
- Jun 27, 2026Intel stock closed at $128, a peak for the year.
- Aug 31, 2026Stock closed at $89.51, down roughly 31% from June but still up 267.6% year-over-year.
- Sep 1, 2026Stock slid to $89, with a machine learning model forecasting a slight decline to $86.42 by September 30.
- Sep 5, 2026Stock popped 4.5% after an analyst report highlighted AI-driven CPU demand, closing at $95.80.
Who’s saying what
- Bulls
- Analyst Trip Chowdhry sees Intel stock reaching $200 by 2031, citing rising CPU demand from AI workloads and Intel's Clearwater Forest platform.
- Bears
- Some models forecast a decline to $82.50, and concerns remain about execution risks and shareholder dilution from a major equity offering.
- Analysts
- The Street's mean target is $115, 29% above the current price, with a mix of 12 buys, 32 holds, and 1 sell among 41 analysts.
Still unverified
Analyst Trip Chowdhry's $200 price target and $20 EPS estimate by 2031 are based on his own projections and not yet confirmed by Intel's financial results.