Intel Corporation (INTC) earnings on April 23, 2026
More Intel Corporation earnings
Prior outlook: Optimistic Outcome: Accurate
Intel's stock surged significantly after its earnings report, closing up 23.58%. This strong positive reaction validated earlier positive sentiment, despite worries about the rapid price increase.
INTC price around the earnings
82.53
Change: +23.6%
2026-04-24, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Strong technicals, but analysts see potential downside.
Intel experienced a significant price increase in the 30 days leading up to its earnings report, suggesting strong positive technical momentum. However, analysts currently maintain a 'Hold' rating with price targets that indicate a potential downside, creating a mixed outlook.
Context analyzed before publication
- Summary
- Extreme 30d run-up into earnings, analyst consensus hold with negative target.
- Reasoning
- Extreme 30d run-up into earnings, analyst consensus hold with negative target.
Analysts
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.85
- Analysts covering the stock
- 41
- Average price target
- 55.33
- Lowest price target
- 20.4
- Highest price target
- 95
- Upside to price target
- -16.4%
- Revenue growth
- -4.1%
- Forward EPS
- 1.12
- Trailing EPS
- -0.06
- Analyst moves in the last 60 days
- 9
- Strong buy: 1
- Buy: 7
- Hold: 34
- Sell: 3
- Strong sell: 2
- Strong buy
- 1
- Buy
- 7
- Hold
- 34
- Sell
- 3
- Strong sell
- 2
- April 21, 2026 · HSBC: Upgrades rating (Hold → Buy)
- April 20, 2026 · KGI Securities: Downgrades rating (Outperform → Neutral)
- April 20, 2026 · Stifel: Maintains rating (Hold → Hold)
- April 16, 2026 · Bernstein: Maintains rating (Market Perform → Market Perform)
- April 14, 2026 · Susquehanna: Maintains rating (Neutral → Neutral)
- April 10, 2026 · Benchmark: Maintains rating (Buy → Buy)
- April 9, 2026 · Cantor Fitzgerald: Maintains rating (Neutral → Neutral)
- April 7, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- April 6, 2026 · Keybanc: Maintains rating (Overweight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- Silicon Surge: Why Intel Is Beating The Odds As Big Tech Rotates Into AI — Benzinga
- HSBC Upgrades Intel to Buy, Raises Price Target to $95 — Benzinga
- Intel Stock Is Back: Agentic AI Is Filling Fabs And Fattening Margins — Benzinga
- KGI Securities Downgrades Intel to Neutral, Announces $71 Price Target — Benzinga
- What's Behind The Dip In Intel Corporation Stock? — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 4.9%
- Distance to 52-week high
- -5.9%
- 14-day change (14d)
- +31.5%
- 30-day change
- +38.1%
- 30-day relative strength
- +33.2%
- Benchmark change
- +4.9%
- Nearest support
- 40.64
- Nearest resistance
- 70.33
- Volume accumulation ratio
- 1.04
Trends
Evidence
- Average earnings surprise
- +1145.7%
- January 22, 2026: actual EPS -0.12 vs estimate -0.09 (surprise -27.6%)
- October 23, 2025: actual EPS 0.23 vs estimate 0.01 (surprise +3121.3%)
- July 24, 2025: actual EPS -0.1 vs estimate 0.01 (surprise -1280.6%)
- April 24, 2025: actual EPS 0.13 vs estimate (surprise +2769.8%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 7.7%
- 75th percentile move
- 10.1%
- 90th percentile move
- 13.1%
- Up / down moves
- 6 / 13
- Average up move
- +6.5%
- Average down move
- -9.9%
Monitoring and close
What Intel Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +23.6%
- Max favorable move (MFE)
- 27.6%
- Max adverse move (MAE)
- 0%