Bank of America Warns Intel Stock Could Fall from Here. Should You Sell INTC Now or Keep Chasing New Highs?

Bank of America just threw cold water on Intel's (INTC) recent rally, downgrading the stock to “Underperform” with a $34 price target. That implies roughly 8% downside from current levels after INTC stock surged nearly 85% in 2025. The analysts believe Intel has climbed too far, too fast. While the company's balance sheet has improved and its foundry business shows external partnership potential, BofA thinks the recent $80 billion jump in market cap more than reflects these positives. More News from Barc ...