Intel stock has surged 26.27% YTD, outpacing the S&P 500 by 25%. Analyst upgrades and positive news on Intel’s foundry operations, including a deal with Apple, have boosted investor confidence. However, upcoming Q4 earnings and analyst opinions suggest a mixed outlook for the stock, with varying price targets and ratings.

Citi and Jefferies have upgraded Intel, while UBS and Barclays have reiterated their ratings. Analysts anticipate Intel’s Q4 report to be relatively disappointing. Despite positive developments, concerns remain about Intel’s fabs, customer base, and competition in the tech market.

Intel faces challenges with costly fabs and limited customers. While securing Apple as a customer is a positive step, manufacturing for Apple won’t begin until next year. The launch of Panther Lake doesn’t guarantee success, as AI-related costs continue to rise, impacting sales potential. Dell admits AI marketing hasn’t helped PC sales, consumers not buying based on AI, may confuse them more than help understand outcomes. Apple rumored to launch cheap MacBook model this spring. Qualcomm to launch Snapdragon X2 Plus and Elite CPUs promising for 2026, market share potential with focus on pricing. Intel’s Panther Lake profit margins likely affected by AI bubble, yields over 60%, and pricing challenges.

Read more at Yahoo Finance: Analysts reset Intel stock price target ahead of earnings