RBC keeps Sector Perform on Intel stock at a USD 100 target
Published on 10/26/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and earnings date
- RBC kept its USD 100.00 target and Sector Perform rating on October 26, 2026.
- Intel reported USD 16.13 billion in second-quarter 2026 revenue, up 25.42 percent year over year.
- Intel stock trades at EUR 77.34 at 11:21 a.m. CET at Lang & Schwarz on October 26, 2026, 0.58 percent below the Xetra close of October 23, 2026.
Intel stock (ISIN US4581401001) stood at EUR 77.34 at Lang & Schwarz at 11:21 a.m. CET on October 26, 2026, down 0.58 percent versus the Xetra close of October 23, 2026. Investing.com reported on October 26 that RBC retained a Sector Perform rating and a USD 100.00 price target.
RBC keeps the target at USD 100
RBC's view places the upcoming results at the center of Intel's valuation debate. The firm expects Intel to beat revenue estimates by at least 5 percent and raise guidance by 3 to 5 percent, while weak PC demand remains a counter-factor, according to Investing.com. That combination makes the USD 100.00 target a test of execution rather than a new bullish rating.
Three milestones frame the setup
Intel reported USD 16.13 billion in revenue for the second quarter of 2026, up 25.42 percent year over year, while adjusted earnings per share reached USD 0.42 against a USD 0.21 consensus estimate, according to Benzinga. Intel had announced on October 6 that third-quarter results would follow on October 29 after the market close, as stated in its Intel release.
Chronology: On July 23, 2026, Intel reported USD 16.13 billion in second-quarter revenue, up 25.42 percent year over year, according to Benzinga. On October 6, 2026, Intel set October 29, 2026, for its third-quarter report in an Intel release. On October 26, 2026, RBC retained its USD 100.00 target, according to Investing.com.
What does October 29 mean for margins?
The next substantiated dates are October 29, 2026, for Intel's third-quarter results and the same day's 2:00 p.m. PDT earnings call, both listed by Intel. Benzinga says the company guided to USD 15.8 billion to USD 16.8 billion in third-quarter revenue, adjusted earnings per share of USD 0.38 and a 42 percent adjusted gross margin midpoint. For investors, revenue against that range and margin delivery will determine whether the recovery can support RBC's target.
Intel stock stays below its yearly high
The primary listing is on Nasdaq, where Intel was last quoted at USD 86.96 on October 23, 2026, according to the finance snapshot. Its 52-week range was USD 32.89 to USD 142.35, and market capitalization stood at USD 459.7 billion on that date. The euro quotation was lower on October 26, but the Xetra comparison remains the relevant German-market reference.
Intel was trading at EUR 77.34 at Lang & Schwarz on October 26, 2026 at 11:21 a.m. CET, 0.58 percent below the Xetra close of October 23, 2026 at EUR 77.79. The further course of trading is shown by the continuously updated real-time quote of Intel stock.
Intel stock key data
- Company: Intel Corporation
- ISIN: US4581401001
- Ticker: INTC
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 26, 2026, 11:21 a.m. CET): EUR 77.34
- Change versus Xetra close: minus 0.58 percent
- Xetra close (October 23, 2026): EUR 77.79
- Market capitalization: USD 459.7 billion (as of October 23, 2026)
- 52-week range: USD 32.89-142.35 (as of October 23, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report Nasdaq Composite.
