Intel Target Price 145
Intel's target price is set at 145 by BAC, citing potential foundry and packaging growth
INTC pt 145 at BAC "Over time, we expect Intel to potentially address ~8-10% of the ~$380bn CY30 wafer foundry TAM, as well as ~25-30% of the ~$20bn 2.5D/3D packaging TAM, resulting in EPS power of $6+.
Meanwhile, INTC server ASPs increased +43% YoY to record ~$1.2k levels (per Mercury 2Q26 data), with potential to maintain double-digit unit/ASP growth through CY30 on potential TAM expansion toward ~$220bn from ~$60bn today, providing upside to INTC's own ASP and margins over time.
We also see continued INTC margin expansion (~38-40%+ OpM) on Products ASP increases and Foundry operational efficiency, including OpM breakeven by the end of CY27, barring new customer wins." Analyst: Vivek Arya