08:15 AM EDT, 04/24/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price to $100 from $75, on a P/E of 33.3x our 2028 EPS, above peers/historical to reflect our view of upside to margins/estimates. After the better than expected Q1/Q2 guide, we lift our 2026 EPS to $1.05 from $0.70, 2027 to $1.40 from $1.30, and 2028 to $3.00 from $2.64. We expect INTC's revenue trajectory to benefit from greater content share in AI servers, where the CPU-to-accelerator ratio is moving from 1:8 back toward 1:4 or potentially parity, driven by inference, agentic AI, and physical AI workloads that are more CPU-intensive. This positions the Xeon franchise for strong, sustainable demand, with a product pipeline that is ramping the fastest in five years. Within the client segment, AI PCs are now over 60% of the client CPU mix. We are also encouraged by Intel Foundry momentum amid leading-edge wafer capacity shortages, with the Elon Musk Terafab partnership and multi-year long-term agreements with Google providing major endorsements. Intel ( INTC ) 18A process yields are tracking well.