Intel Isn’t Done Yet: Analysts Turn INTC Bullish as AI Momentum Builds

Before going deeper into my analysis on Intel, I initially thought it was simply too late to buy. Then I quickly came across a wave of analyst upgrades: Citigroup upgraded it to Buy with a $95 target, Benchmark set a $105 target, KeyBanc raised it to $110, and Evercore also moved to Buy with a +146% target increase. The average price target still sits around $74, and overall sentiment is clearly improving, driven by the CPU market recovery and growing AI demand. It’s hard to believe all of them could be wrong at the same time. On top of that, the latest financial results (Q1 2026) are very strong: Intel released its Q1 2026 earnings on April 23: * Revenue: $13.58 billion (above expectations) * Net income: $1.49 billion * EPS: +$0.29 (vs. +$0.01 estimated) Q2 guidance is also very promising, with $14.3 billion expected. The market is reacting positively to AI momentum and the recovery in the Data Center and Client Computing segments. INTC has delivered exceptional performance: * YTD (since the start of 2026): +123.69% * 1-year performance: +284% * 3-year performance: +185% (vs. +73% for the S&P 500) If we get a pullback toward the 0.38 Fibonacci level (around $69.3), that could be the next ideal entry point. Using leverage to increase exposure could also be considered, up to x50 on B⨟tget Futures if I’m not mistaken. That said, I’m still wondering whether competition from AMD, Nvidia, and Arm Holdings could quickly slow this momentum down.