Lynx Equity raised its Intel price target to $90 from $70. The firm anticipates improved gross margins and sustained strength across all business segments. Research indicates that Intel’s 3nm, 7nm, and 14nm manufacturing nodes are currently operating at full capacity. Lynx also identified unexpected strength in the Client Computing Group that remains unpriced by the market.
Intel reports its first-quarter 2026 earnings on April 23. The stock has rallied approximately 78% year-to-date. Investors are awaiting updates on the foundry business and the progress of the 18A manufacturing process. Market attention remains focused on AI chip demand to justify the company's recent valuation surge.