Susquehanna cuts Intel stock target from USD 115 to USD 105

Published on 10/23/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intel stock costs EUR 78.51 on October 23, 2026 at Lang & Schwarz. Q2 revenue was USD 16.13 billion for the quarter ended June 27, 2026.

Analyst caution before earnings

Susquehanna cut its Intel target from USD 115 to USD 105 on October 21, 2026.
Second-quarter revenue reached USD 16.13 billion for the period ended June 27, 2026.
Intel stock traded at EUR 78.51 at 10:43 a.m. CEST at Lang & Schwarz on October 23, 2026.

Top-down flatlay on brushed stainless steel of iridescent silicon wafers, chip carrier trays, precision tweezers, jeweler loupe, and glass sample tube arranged neatly under even studio lighting — Intel Corporation US4581401001 Flatlay mit Silizium-Wafern, CPU-Trägern, Pinzette und Lupe auf Edelstahl, Illustration mit AI erstellt.

Intel (US4581401001) traded at EUR 78.51 at Lang & Schwarz on October 23, 2026 at 10:43 a.m. CEST. Susquehanna lowered its Intel price target from USD 115 to USD 105 on October 21, 2026, while keeping a Neutral rating, as reported by Yahoo Finance.

Target cut raises the earnings bar

The lower target arrives ahead of Intel's third-quarter results, scheduled after the market close on October 29, 2026. Intel announced the reporting date on October 6, 2026, and said the earnings call would begin at 2:00 p.m. PDT.

Intel's second-quarter revenue reached USD 16.13 billion for the quarter ended June 27, 2026, while GAAP net loss attributable to common shareholders was USD 11.03 billion and diluted GAAP earnings per share were negative USD 2.16. The figures come from Intel's Q2 2026 financial reporting and are also detailed by Investing.com.

What does October 29 mean for margins?

The coming report will test whether the second-quarter revenue increase can translate into cleaner earnings. Intel reported a 40.00 percent gross margin in the second quarter, while the company has guided to a third-quarter revenue range of USD 15.8 billion to USD 16.8 billion and a non-GAAP gross margin of about 42.00 percent, according to Investing.com.

Three dated Intel milestones

On July 23, 2026, Intel reported second-quarter revenue of USD 16.13 billion. On October 6, 2026, it scheduled third-quarter results for October 29, 2026. On October 21, 2026, Susquehanna cut its target from USD 115 to USD 105 while retaining a Neutral rating.

Upcoming reporting date

Intel's next substantiated corporate date is October 29, 2026, for third-quarter results after the market close, followed by the earnings call.

Stock price and market value

Intel was trading at EUR 78.51 at Lang & Schwarz on October 23, 2026 at 10:43 a.m. CEST. The primary listing is Nasdaq, where Intel's latest available quote was USD 85.49 on October 22, 2026, and its market capitalization was USD 451.9 billion.

The further course of trading is shown by the continuously updated real-time quote of Intel stock.