Such as Intel (NASDAQ: Intech) is riding the artificial intelligence (AI) boom, says James Schneider, an analyst at Goldman Sachs Group, Inc. (NYSE: A), indicated further upside for Intel stock.
On June 25, 2026, a Wall Street analyst initiated coverage of Intel shares with a Neutral rating, according to Note Shared with clients. Additionally, Schneider set a 12-month price target of $150.00, which implies an upside of ~13.94% from the current stock price of $131.65.
Intel analyst expects stock Price to be the main beneficiary of increased server demand driven by proxy AI. He also highlighted the significant upside options from the company’s foundry business, particularly in advanced packaging, which is expected to generate $10 billion in revenue by 2030.
Schneider also expects third-party chip revenue to accelerate by 2028, reaching $11 billion by 2030. He said this growth underscores Intel’s expanding role in the U.S. semiconductor foundry ecosystem as demand for AI infrastructure continues to rise.
However, the analyst noted that Intel’s closest peers, including Advanced Micro Devices, Inc. (NASDAQ: AMD), Nvidia Corporation (NASDAQ: NVDA), Broadcom Inc. (NASDAQ: Afgo), offers more compelling opportunities with superior revenue visibility and trades in line with or below Intel on a 2030 price-to-earnings basis.
Intel stock price forecast and forecast
Following a bullish rating on INTC stock price from Goldman Sachs, the average forecast for INTC stock is around $94.19 according to Data from TipRanks. Earlier this week, Bank of America’s Vivek Arya reiterated a “buy” rating and set a 12-month price target for INTC stock of between $135 and $160.
At the time of writing, Intel’s stock price was trading at around $131.65, up more than 256% year-to-date (YTD). As such, the company’s valuation could rise as a top Wall Street analyst cited bullish sentiment.
