Intel (NASDAQ: INTC) enters its third-quarter earnings announcement on October 29, 2026, with investment banks sharply divided over the chipmaker’s valuation. Recent analyst forecasts range from $80 to $155 per share, reflecting different expectations for Intel’s processor business, manufacturing operations and ability to convert growing AI infrastructure spending into sustainable profits.

Intel closed at $95.53, gaining 1.91%, but declined toward $92 in early day trading. The shares have lost more than 20% over the past month, following a substantial rally earlier in 2026.

• Intel’s 12-month average analyst price target is approximately $115-$118, implying 20%-23% upside from its October 28 closing price of…