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Intel rises as Susquehanna ups price target on 'insatiable' CPU demand (INTC:NASDAQ)

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Intel rises as Susquehanna ups price target on 'insatiable' CPU demand (INTC:NASDAQ)

Intel shares rose 0.7% in premarket trading after Susquehanna raised its price target to $80 from $65, citing "insatiable" CPU demand. The firm expects 1Q26 results to come in line to slightly better than expected, driven by stronger server CPU demand. The note signals improving fundamentals and a more constructive outlook for Intel.

Analysis

Intel shares rose 0.7% in premarket trading after Susquehanna raised its price target to $80 from $65, citing "insatiable" CPU demand. The firm expects 1Q26 results to come in line to slightly better than expected, driven by stronger server CPU demand. The note signals improving fundamentals and a more constructive outlook for Intel.

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