Intel Stock Surges to $128.76 on Foundry Bet, Analysts Target $150 Bull Case for 2026

Intel (NASDAQ: INTC) closed at $128.76 on June 26, 2026, capping a roughly 500% run under CEO Lip-Bu Tan since his appointment, according to Fortune. The U.S. government holds a 9.9% passive stake via an $8.9 billion investment, providing a strategic backstop for the chipmaker's costly foundry expansion.

Analysts have positioned the stock between a $150 bull case and approximately $90 bear case depending on whether Intel Foundry wins major external customers for its 18A and 14A leading-edge nodes. Microsoft has committed to 18A, while Nvidia has tested it without committing production volume, per TrendForce. Melius Research, Benchmark, and Goldman Sachs have issued $150 targets; consensus rating across 31 analysts stands at Hold as of June 23.