Mizuho raises target for Intel stock from USD 92 to USD 114

Published on 10/12/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho raised its target to USD 114 from USD 92 on October 6, 2026. Intel stock costs EUR 92.63 on October 12, 2026, 24.60 percent below its high.

Key points in brief

Mizuho raised its Intel price target from USD 92 to USD 114 on October 6, 2026, while keeping a Neutral rating.
Intel CEO Lip-Bu Tan reaffirmed the company's Terafab cooperation with Elon Musk on October 7, 2026.
Intel stock was EUR 92.63 at Lang & Schwarz on October 12, 2026, 24.60 percent below its EUR 122.86 52-week high.
Intel is scheduled to report third-quarter 2026 results on October 29, 2026, after the regular US session.

Architectural exterior of a modern semiconductor fabrication facility at dusk, massive blue glass curtain wall with horizontal light bands, industrial HVAC stacks on roof, landscaped entry road — Intel Corporation US4581401001 modernes Halbleiterwerk mit großen blauen Glasfassaden und horizontalen Reinraum-Lichtbändern, Illustration mit AI erstellt.

Intel stock (ISIN US4581401001) was trading at EUR 92.63 at Lang & Schwarz on October 12, 2026 at 12:03 p.m. CEST. According to Price Target on October 6, 2026, Mizuho raised its Intel target from USD 92 to USD 114 while maintaining a Neutral rating.

Target rises to USD 114

The move represents a 23.91 percent increase from Mizuho's previous USD 92 target. The analyst case cited stronger demand for central processing units linked to agentic artificial intelligence applications.

The target change is a concrete counterweight to the stock's valuation debate. Intel's EUR 92.63 quote stands 24.60 percent below the EUR 122.86 52-week high, using the same euro price basis for both figures.

What does Terafab mean for Intel?

Intel joined Elon Musk's Terafab project on April 7, 2026, according to Yahoo Finance. The project uses Intel's 14A manufacturing process as part of its planned advanced-chip production effort.

On October 7, 2026, CEO Lip-Bu Tan said Intel would continue working with Musk on Terafab, Bloomberg reported. That statement matters because discussions involving TSMC had raised questions about Intel's role in the project.

October 29 brings the next test

Intel's investor-relations calendar lists third-quarter 2026 results for October 29, 2026, after the regular US trading session, followed by a conference call at 2:00 p.m. PDT, according to Intel. The release will give investors a new operating checkpoint for the manufacturing strategy and the demand assumptions behind the USD 114 target.

Intel stock remains below its high

Intel's market capitalization was USD 528.1 billion as of October 9, 2026, while its reported 52-week range was EUR 28.93 to EUR 122.86. The current euro quote therefore sits well above the yearly low but below the upper reference level.

Intel was trading at EUR 92.63 at Lang & Schwarz on October 12, 2026 at 12:03 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Intel stock.