Weekly Recap | Intel -3.22%, consensus target above spot
Weekly Review·
- Intel closed at $ 86.96 with a weekly decline of 3.22 %, pressured by external AI spending concerns and manufacturing updates.
- Fifty-three institutions cover the company with a consensus buy rating and a target price of $ 117.14, representing a 34.71 % premium over the current price.
- The company will release its Q3 financial results for fiscal year 2026 on October 29 to test growth expectations and manufacturing progress.
