Here's How Much Traders Expect Intel Stock to Move After Earnings Today

Intel is set to report fourth-quarter earnings after the market closes today, with traders anticipating a big move from the chipmaker's stock following the results.

Options pricing suggests traders expect Intel (INTC) stock could move up to 9% in either direction by the end of the week. At the high end, a move of that size from Wednesday's close around $54 could push the stock up to $59, its highest point since early 2021. At the low end, the stock could drop to around $49, where it was just earlier this week.

Intel's stock is up over 40% since the struggling chipmaker last reported earnings in October, with results that came in stronger than analysts expected. Rumors about potential new customers, along with a show of support from the Trump administration after the U.S. government took a big stake in August, have also boosted optimism about the chipmaker's stock.

Intel is expected to report revenue of $13.41 billion in the quarter, down about 6% year-over-year, while adjusted earnings per share are forecast to fall to 9 cents from 13 cents a year ago, according to estimates compiled by Visible Alpha.

Last week, KeyBanc analysts upgraded the stock to "buy" from a neutral rating, pointing to signs of better-than-expected AI demand. However, most Wall Street analysts are more cautious. Of the eight analysts with current ratings tracked by Visible Alpha, KeyBanc is the only firm recommending buying the stock, compared to one "sell" and six "hold" ratings.

Wedbush analysts, who maintained a neutral rating heading into the results, told clients Tuesday that they think Intel's recent headlines have had "seemingly disproportionate impacts on the stock," and that they still have concerns about competition and a potential decline in PC demand as a memory shortage raises prices.

Related Education

Inside Intel: A Look at the Mega Chipmaker

How to Trade Options

The mean price target of analysts surveyed by Visible Alpha around $45 would imply roughly 17% downside from the stock's close Wednesday.

UPDATE—Jan. 22, 2026: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.