Market cap
$540B
at current price
Intel Corporation · Common stock · Santa Clara, California
The comeback is in the numbers, and in the price.
Q2 revenue rose 25%, Intel's fastest growth since 2011, as AI pushed up demand for server CPUs faster than Intel can supply them. The stock has nearly tripled this year. GAAP results swing with a US government share deal, and the foundry still serves mostly Intel itself.
Last close · Oct 8, 2026
$107.08
−6.04 (−5.34%)
YTD +190.2% · 1Y +183.3%
52-week range
$32.89–142.35
intraday low / high
P/E
~70×
Q3 guide EPS $0.38 × 4 · trailing non-GAAP ~98×
Revenue TTM
$57.0B
+7% YoY
Analysts
Hold
21 buy · 26 hold · 3 sell · target $109
Next earnings
Oct 29
Q3 2026, after close
Price, last 12 months
Daily closes with the 50-day average. The stock rose from about $34 last November to a $140.94 close in June, fell 42% by late July, then rallied back above $120 in September.
1Y closing high
$140.94
Jun 22, 2026
1Y closing low
$33.62
Nov 20, 2025
SMA 50
$102.81
price above
SMA 200
$82.69
price above
RSI 14
45.8
neutral
ATR 20
$6.39
~6% daily range
Beta
2.23
vs. S&P 500
From peak
−24%
vs. Jun 22 close
Revenue by segment, by quarter
CCG is PC chips (renamed CCPG in Q2 2026). DCAI is server CPUs and AI. Foundry & other is Intel Foundry's outside revenue plus Mobileye and other businesses, after removing the wafers Foundry sells to Intel's own product groups. Altera left the consolidated results in September 2025. Q3 2026 is company guidance at the midpoint.
CCG (PC)DCAI (server)Foundry & otherGuidance
Q2 2026
$16.13B
+25% YoY, fastest since 2011
CCG (PC)
$8.88B
+13% YoY
DCAI (server)
$6.26B
+59% YoY
Intel Foundry
$5.77B
+31% · mostly internal
Gross margin
41.8%
non-GAAP · 29.7% a year ago
GAAP EPS
−$2.16
$12.5B share mark-to-market
Q3 guide
$16.3B
±$0.5B · +19% YoY
Guide EPS
$0.38
non-GAAP · margin 42%
| Quarter | CCG (PC) | DCAI (server) | Foundry & other | Total | Total YoY | Gross margin | Non-GAAP EPS |
|---|
Fiscal-year financials
Revenue in US$ millions; Intel's fiscal year ends in late December. 2025 revenue was flat at $52.9B, its lowest since 2010, and the GAAP result was a small loss after $2.2B of restructuring charges. The recovery shows up in 2026 quarters, not yet in a full year.
| FY25 | US$M | % rev |
|---|---|---|
| Revenue | 52,853 | 100% |
| Gross profit (GAAP) | 18,375 | 34.8% |
| R&D | 13,774 | 26.1% |
| MG&A | 4,624 | 8.7% |
| Restructuring & other | 2,191 | 4.1% |
| Operating income (GAAP) | −2,214 | −4.2% |
| Net income (GAAP) | −267 | −0.5% |
| Non-GAAP EPS | $0.42 | — |
Watch list
What moves the thesis, sorted by direction.
Tailwind
AI pulls server CPUs
DCAI revenue jumped 59% to $6.26B. Intel has signed 10 long-term contracts with server CPU buyers and says data center demand is running ahead of what it can supply.
Tailwind
18A in production
Xeon 6+ is the first server product on Intel 18A, and 18A-P has entered risk production. Non-GAAP gross margin rose from 29.7% to 41.8% in a year.
Watch
Foundry needs outside customers
Intel Foundry revenue grew 31% to $5.77B, but almost all of it comes from Intel's own products. Landing named external customers, especially for 14A, is the open question.
Watch
Capex and balance sheet
Intel is "meaningfully increasing" spending on equipment, clean rooms and substrates. Adjusted free cash flow was −$8.4B in Q2, with $50.5B of debt against $29.7B of cash and investments.
Risk
GAAP swings from the US stake
A $12.5B mark-to-market loss on escrowed CHIPS Act shares turned Q2 into an $11.0B GAAP loss. Those charges move with the share price, so GAAP earnings will stay noisy.
Risk
Supply and valuation
Substrate and memory shortages cap shipments. At ~70× annualized guided EPS the stock is priced for the recovery, and it fell 42% in five weeks after the June peak.
Calendar
Oct 29, 2026
Q3 2026 earnings
After US close; call 2pm PT (Oct 30, 5am SGT). Guide: $15.8–16.8B revenue, 42% gross margin, EPS $0.38.
Late Jan 2027
Q4 and FY26 results
Date not yet announced; Q4 2025 was reported on Jan 22.
Late Apr 2027
Q1 2027 earnings
Date not yet announced; Q1 2026 was reported on Apr 23.
Sources
- Intel Investor Relations — releases, slides, webcasts
- Q2 2026 earnings release and Q3 guidance (Jul 23, 2026)
- Q1 2026 results (Apr 23, 2026)
- Q4 and full-year 2025 results
- Q2 2026 coverage: CHIPS Act share loss, supply limits
- Q3 2026 earnings date
- Analyst ratings and price targets (MarketBeat)
- SEC EDGAR filings (CIK 50863)
- Price history and technicals: Yahoo Finance daily closes; market cap and beta: Financial Modeling Prep. As of Oct 9, 2026