Intel Corporation announced it will report its second-quarter 2026 financial results on Thursday, July 23, 2026, immediately after the market closes. The company will subsequently host an earnings conference call at 2 p.m. PDT on the same day to discuss the performance. A live webcast of the call will be accessible on Intel's Investor Relations website at intc.com, with replays and associated materials available thereafter.

The announcement comes as the stock trades modestly higher in premarket action, supported by a recent price target increase from Cantor Fitzgerald. The firm raised its forecast to $150 from $90 while maintaining a Neutral rating, citing strong performance across the compute sector in 2026. Intel shares were up 0.17% at $131.94 during premarket trading on Tuesday.

Technical Picture Remains Bullish

Intel continues to trade well above its major moving averages, underscoring the strength of its recent rally. The stock sits about 9.5% above its 20-day simple moving average of $120.27 and roughly 20.1% above its 50-day SMA of $109.65. It also remains significantly above its 200-day SMA of $58.77, reinforcing the longer-term bullish trend. The golden cross formed in August 2025, when the 50-day SMA moved above the 200-day SMA, continues to support the trend.

Momentum indicators remain constructive. The moving average convergence divergence (MACD) indicator is above its signal line, while the histogram remains positive. Traders are watching whether Intel can challenge its 52-week high of $141.45, with the next key resistance level near $133.

Earnings And Analyst Outlook

Wall Street expects earnings of 19 cents per share for the quarter, compared with a loss of 10 cents per share a year earlier. Revenue is projected to increase to $14.40 billion from $12.86 billion in the prior-year quarter. The stock carries a consensus Hold rating with an average price forecast of $88.63. Recent analyst actions include:

ETF Exposure

Intel remains a significant holding in several exchange-traded funds, including the iShares Semiconductor ETF (NASDAQ: SOXX), iShares MSCI USA Value Factor ETF (BATS: VLUE) and Pacer Data and Digital Revolution ETF (NYSE: TRFK). Large inflows or outflows in these funds can influence demand for Intel shares because of their portfolio weightings.

Rep. Dwight Evans (D-Penn.) recently sold stakes in Intel Corporation and General Dynamics, locking in significant gains as both stocks reached new all-time highs. The sales, executed on June 10, 2026, highlight the impact of recent market trends on congressional portfolios. Evans sold between $1,000 and $15,000 in Intel stock and a similar amount in General Dynamics stock, according to disclosure data.

Intel stock traded at $111.50 on June 10, 2026, reflecting a surge driven by boosted demand and a government equity stake taken by the Trump administration in 2025. Evans had previously purchased Intel shares on multiple occasions, including on March 30, 2022, at a high of $52.51, and on April 3, 2025, at a high of $23.90. These transactions resulted in a profit ranging from 112.3% to 366.5%.

General Dynamics stock traded as high as $349.00 on June 10, 2026, benefiting from elevated defense budgets and ongoing geopolitical tensions. Evans had bought the stock on March 30, 2022, at a high of $245.63, securing a profit of at least 42.1%. The defense sector has seen heightened investor interest amid the Trump administration's push for increased military spending.

Evans, who has served in the House since 2016, will not seek re-election in the 2026 midterm elections. Over his decade-long tenure, he has completed over 180 trades valued at $2.1 million, averaging approximately $100,000 in trades annually, as reported by Quiver Quantitative.

Transaction Details