Semiconductor giant Intel Corporation (NASDAQ:INTC) looks to keep its stock momentum alive when the company reports first-quarter financial results Thursday after market close.

Here are the earnings estimates, what analysts are saying ahead of the report and the key items to watch.

Intel Q1 Earnings Estimates

Analysts expect Intel to report first-quarter revenue of $12.37 billion. That’s down from $12.67 billion in last year's first quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in six straight quarters and in eight of the last 10 quarters overall.

Analysts expect Intel to report a loss of 4 cents per share for the first quarter, down from earnings of 13 cents per share in last year's first quarter.

The company has beaten analyst estimates for earnings per share in two straight quarters and in seven of the last 10 quarters overall.

What Analysts Are Saying

Intel shares could rally even more after hitting new 52-week highs, BNP Paribas said in a recent note. BNP upgraded Intel stock from Underperform to Neutral and raised the price target from $34 to $60.

The note said the rise of AI agents has helped increase demand for Intel products and given the company a chance to strengthen its pricing power.

With chip prices higher, Intel could see margins expand and the company's financial outlook improve.

BNP sees Intel's datacenter segment revenues increasing 14% year-over-year for fiscal 2026.

Here are other recent analyst ratings on Intel stock and their price targets:

  • HSBC: Upgraded from Hold to Buy, raised price target from $50 to $95
  • Stifel: Maintained Hold rating, raised price target from $42 to $65
  • Bernstein: Maintained Market Perform rating, raised price target from $36 to $60
  • Susquehanna: Maintained Neutral rating, raised price target from $45 to $65
  • Benchmark: Maintained Buy rating, raised price target from $57 to $76

Key Items to Watch

Intel comes into the earnings report with the recent rollout of the introduction of the new Core Series 3 mobile processors. The chip could target everyday users and provide better battery life for PCs.

The company also recently announced a new collaboration with Google that will advance AI and cloud infrastructure. The partnership and other deals between Intel and other tech companies could be a key focus Thursday.

Segment results from Intel could be a key area for investors and analysts as the fourth quarter saw an overall revenue beat, but several segments saw year-over-year revenue declines.

Price Action

Intel shares are down 1.6% to $65.19 on Wednesday versus a 52-week trading range of $18.96 to $70.32. The company’s stock price is up 65% year-to-date, recently hitting new 52-week highs. Over the last year, shares are up over 230%.

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