Erste Group raises Intel stock earnings forecast from USD 1.47 to USD 1.49

Published on 10/01/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 16.13 billion in the second quarter, up 25.20 percent year over year. Intel stock costs EUR 108.80 on October 1, 2026, plus 2.81 percent.

Photorealistic semiconductor cleanroom with technicians in full white bunny suits working at wafer processing stations under cool blue overhead lighting, rows of yellow lithography machines in background — Intel Corporation US4581401001 zeigt Techniker in Bunny Suits im blauen Halbleiter-Reinraum bei der Wafer-Fertigung, Illustration mit AI erstellt.

Intel stock (ISIN US4581401001) was trading at EUR 108.80 at Lang & Schwarz on October 1, 2026 at 9:12 a.m. CEST, up 2.81 percent versus the prior close of EUR 105.83. The latest analyst revision came from Erste Group Bank, which raised its fiscal 2027 earnings-per-share forecast from USD 1.47 to USD 1.49 in a report issued on September 18, 2026, according to MarketBeat.

Forecast rises as revenue accelerates

Intel's second-quarter operating picture provides the numerical basis for that revision. Revenue reached USD 16.13 billion in the second quarter of 2026, up 25.20 percent from the same period a year earlier, while adjusted earnings per share came in at USD 0.42 against a USD 0.21 consensus estimate, MarketBeat reported.

Intel's investor-relations page identifies the latest reported period as the quarter ending June 27, 2026, and lists the second-quarter results among its latest financial materials, Intel states. The comparison matters because the finance data show GAAP diluted earnings per share of minus USD 2.16 for that quarter, alongside gross profit of USD 6.51 billion and a 40.00 percent gross margin.

Foundry losses keep valuation in view

The improvement in revenue has not removed execution risk. Intel Foundry recorded a USD 2.10 billion operating loss in the second quarter, while external customers contributed USD 293.00 million of revenue, according to 24/7 Wall St. That contrast gives the higher fiscal 2027 estimate a clear condition: earnings growth depends on converting demand and manufacturing progress into broader foundry economics.

Analyst positioning remains restrained despite the improved quarterly comparison. MarketBeat cited a consensus Hold rating from 51 brokerages, with 28 Hold ratings, 19 Buy ratings, 3 Sell ratings and 1 Strong Buy rating, plus an average 12-month target of USD 107.80 on September 15, 2026, MarketBeat reported.

Intel stock stays inside a wide range

On the primary exchange, Intel is listed on NASDAQ under ticker INTC. The stock's USD 32.89 to USD 142.35 52-week range and USD 606.4 billion market capitalization were quoted as of September 30, 2026, while the euro reference price belongs to the separate Lang & Schwarz session shown below.

Intel was trading at EUR 108.80 at Lang & Schwarz on October 1, 2026 at 9:12 a.m. CEST, plus 2.81 percent versus the Lang & Schwarz prior close of EUR 105.83 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Intel stock.