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Intel stock nears end of sharp 36% drop; JPMorgan upgrades to Hold with $85 target.

Analyst Insights
19 Oct 2026
Finbold
View Source
Neutral
Intel stock nears end of sharp 36% drop; JPMorgan upgrades to Hold with $85 target.

Intel's stock has fallen 36.25% from its June peak above $140, but JPMorgan analyst Harlan Sur believes the decline is close to ending. Sur upgraded Intel's rating from Sell to Hold, citing the recent correction depth and new CEO Lip-Bu Tan's positive impact on execution and competitiveness. Despite the upgrade, the $85 price target suggests a slight further decline is possible. Overall, Wall Street consensus expects Intel shares to rise about 27% to $114 over the next year, reflecting mixed but cautiously optimistic sentiment.

Intel's stock trades at USD 93.05 on Pluang as of Oct 19, 2026 18:43 WIB, recovering from its 52-week low of USD 33.62 but still below the 52-week high of USD 140.94. The 3.56% gain today contrasts with the broader 36.25% drop from the June peak noted in the news. With a dividend yield of 2.24% and a market cap of $474.96 billion, Intel remains a significant player in the technology sector on Pluang.

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