Intel Stock Forecast: Analysts Predict Gains Ahead
Average Price Target of $32.73 Projected
Analysts at Stockscans anticipate a positive outlook for Intel Corp (INTC) stock in 2027. The average price target for Intel Corp for the year 2027 is estimated to be $32.73, with a high forecast of $40.09 and a low estimate of $29.00.
Rebound in Stock Performance
After three years of decline, Intel stock has shown signs of recovery in 2023. Analysts attribute this rebound to improved market conditions and the company's ongoing efforts to restructure its operations.
Analysts' Outlook
The 29 analysts who have issued 12-month price targets for Intel stock have an average target of $40.09, with a low estimate of $29.00 and a high forecast of $48.00.
EPS Projections
Intel's current Earnings Per Share (EPS) is $0.96. Analysts forecast that INTC's EPS will reach $1.02 by 2027, indicating a 6.25% annual growth rate.
Stock Price Forecast
Based on 30 Wall Street analysts offering 12-month price targets for Intel, the average price target for the next 12 months is $32.73. This represents a potential upside of 15.8% from the current stock price.
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