Prediction: Intel Stock Could Have a Major Catalyst Ahead

Intel closed at $89.51 on August 31, 2026, up 267.6% over the past year, with Q2 revenue surging 25.4% and AI data center sales jumping 59% to $6.26 billion. 24/7 Wall St. gives Intel a BUY rating with a $101.53 price target, implying 13.42% upside and 90% model confidence, citing the strongest revenue growth in over 15 years.

Why it matters: The next earnings report on October 26, 2026, is highlighted as a near-term catalyst, alongside Intel's 18A process ramp and an ASIC opportunity exceeding $100 billion.