Mizuho raises target for Intel stock from USD 92 to USD 114

Published on 10/15/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intel posted USD 16.13 billion revenue in the second quarter, up 25.42 percent year over year. The next report arrives October 29 for Intel stock.

Turnaround evidence and next test

Mizuho set a USD 114 target for Intel on October 6, 2026.
Second-quarter revenue reached USD 16.13 billion, up 25.42 percent year over year.
Intel stock trades at EUR 84.37 at 10:33 a.m. CEST at Lang & Schwarz on October 15, 2026.

Black and white documentary photograph of a semiconductor engineer in a cleanroom bunny suit closely inspecting a silicon wafer with a jeweler loupe, intense focused expression, high contrast monochrome tones — Intel Corporation US4581401001: Ingenieur im Reinraum prüft dokumentarisch einen Silizium-Wafer mit Lupe, Illustration mit AI erstellt.

Intel Corporation (ISIN US4581401001) has a new USD 114 price target from Mizuho, up from USD 92, while the company prepares its next quarterly report. Markets Insider reported the target change on October 6, 2026. Intel said on the same date that it will publish third-quarter results after the market close on October 29, 2026. Intel also scheduled a conference call for 2:00 p.m. PDT that day.

Mizuho lifts the target

The analyst move adds a clear valuation marker to Intel's turnaround story. Mizuho kept a Neutral rating while raising its target from USD 92 to USD 114, a USD 22 increase. The note cited agentic artificial intelligence tailwinds following product launches from Meta and OpenAI, according to Markets Insider.

Three dates frame the turnaround

On July 23, 2026, Intel reported second-quarter revenue of USD 16.13 billion, up 25.42 percent from a year earlier. On October 6, 2026, Mizuho raised its target from USD 92 to USD 114. On October 29, 2026, Intel will report third-quarter results after the market close, according to Intel.

What does the next report test?

The key question is whether June's sales acceleration can continue. Trefis said Intel's second-quarter sales growth of 25.4 percent was far above the 1.3 percent median increase across the previous 40 quarters. Revenue in the Data Center and Artificial Intelligence unit rose 59 percent year over year, while AI-related businesses grew more than 70 percent. That comparison gives the October report a demanding benchmark: growth must remain well above Intel's historical pace rather than merely return to positive territory.

Next reporting date

Intel's next substantiated event is the third-quarter results release on October 29, 2026, followed by the earnings call at 2:00 p.m. PDT, according to Intel.

Intel stock price in euros

Intel was trading at EUR 84.37 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST. The quote places the market's immediate emphasis on the October 29 results and whether the second-quarter growth rate can be sustained. The further course of trading is shown by the continuously updated real-time quote of Intel stock.