Intel Corp (INTC) stock is expected to rally further in 2026, with a senior Citi analyst upgrading the rating to “Neutral” ahead of earnings on Jan. 22. Despite an expected $0.02 loss per share in Q4, Intel is up over 160% from its 52-week low.

Analyst Atif Malik suggests focusing on the long-term story of INTC stock amidst near-term earnings volatility. With Taiwan Semiconductor facing capacity crunch, Intel has a chance to secure major foundry customers. The company’s improved balance sheet adds to bullish momentum.

Options data indicates a bullish sentiment for Intel shares, with contracts expiring mid-April showing an upper price set at $56. Short-term implied move is 7.73%, suggesting the stock could trade above $50 by Jan. 23. Historical trends show gains in February, supporting a positive outlook.

Wall Street recommends holding Intel stock with price targets as high as $60, indicating a potential 30% upside. Despite recent gains, analysts remain positive on INTC shares for the next 12 months. This article is powered by automated content tools from Sigma.AI for informed market analysis.

Read more at Barchart: Intel Reports Earnings on January 22. Here Is Where Options Data Says INTC Stock Could Be Trading Next.