INTC Intel Price Target by Year-End

Intel Corporation (INTC) has been trading near a key technical support level, forming a triple bottom on the chart—a bullish reversal pattern that suggests a potential upside move. The stock currently trades with a forward price-to-earnings (P/E) ratio of 20.44, which reflects moderate valuation levels compared to industry peers.

Intel’s turnaround strategy, focused on rebuilding its foundry business and strengthening its position in the AI and data center markets, is starting to show signs of progress. The company’s push into advanced chip manufacturing and strategic partnerships with major tech firms have positioned it for improved revenue growth in the coming quarters.

Technically, the triple bottom pattern indicates strong buying interest at current levels, reinforcing the case for a potential breakout. Combined with the improving outlook for chip demand and Intel’s strategic shift toward AI, a price target of $28 by the end of the year appears achievable. This would represent approximately 15% upside from current levels.

Investors should monitor Intel’s progress in its foundry business and AI initiatives, as any positive developments in these areas could accelerate momentum toward the $28 target.