Intel stock: TD Cowen cuts target for Intel stock from USD 115 to USD 95

Published on 10/21/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intel reported USD 16.13 billion revenue in Q2 2026, up 25.42 percent year over year. Intel stock costs EUR 81.45 on October 21, 2026.

TD Cowen lowers target

TD Cowen cut its Intel target from USD 115.00 to USD 95.00 on October 20, 2026.
Intel reported USD 16.13 billion in second-quarter 2026 revenue, up 25.42 percent year over year.
Intel stock costs EUR 81.45 at Lang & Schwarz on October 21, 2026 at 4:11 p.m. CEST.
Intel is scheduled to report third-quarter 2026 results on October 29, 2026.

Roy Lichtenstein inspired pop art comic illustration of a CPU chip with bold halftone Ben-Day dot patterns in cyan magenta yellow, thick black outlines, lightning bolt energy lines radiating outward — Intel Corporation US4581401001 im Pop-Art-Comic-Stil: Chip mit Halftone-Punkten, Blitzen und explosiven Comic-Energie-Linien, Illustration mit AI erstellt.

Intel Corporation (ISIN US4581401001) is facing a lower analyst valuation after TD Cowen cut its price target from USD 115.00 to USD 95.00 and maintained a Hold rating on October 20, 2026, according to MarketBeat. Intel stock was trading at EUR 81.45 at Lang & Schwarz on October 21, 2026 at 4:11 p.m. CEST.

Revenue provides a stronger counterpoint

Intel's operating picture improved in the second quarter of 2026. Revenue reached USD 16.13 billion, up 25.42 percent from the second quarter of 2025, while operating profit was USD 1.80 billion. The quarterly figures come from Intel's financial results and the standardized statement for the period ending June 27, 2026.

Intel Corporation lists the second-quarter 2026 report as its latest financial result. The same investor-relations page identifies the next earnings conference call for October 29, 2026, covering third-quarter 2026 results.

What does the target cut mean?

The lower target puts the analyst view below Intel's recent market value in U.S. dollars, even though the two figures come from different trading venues and currencies. TD Cowen's Hold rating therefore frames the issue as execution risk rather than a fresh operating warning. Intel's second-quarter net income was negative USD 10.85 billion, while operating profit remained positive at USD 1.80 billion, underscoring the gap between operating performance and bottom-line results.

Price position and valuation

Intel's primary listing is on Nasdaq under the ticker INTC. The stock's market capitalization was USD 484.8 billion as of October 21, 2026, and its 52-week range was USD 32.89 to USD 142.35. The current euro quotation sits below the top of that range, but the currencies are not directly comparable.

For investors, the October 29 reporting date is the next concrete checkpoint. Revenue growth must be matched by sustained profitability, because the second-quarter diluted loss was USD 2.16 per share despite the positive operating result.

Dates set the next checkpoint

TD Cowen's October 20, 2026 target revision is the latest dated analyst action used here. Intel's next scheduled event is its third-quarter 2026 earnings call on October 29, 2026, according to Intel Corporation.

Intel stock remains event-driven

The target reduction highlights the market's cautious view, while the 25.42 percent year-over-year revenue increase supplies a measurable counterweight. The next results will show whether Intel can convert that growth into more durable earnings.

The further course of trading is shown by the continuously updated real-time quote of Intel stock.