Analysts predict Intel's EPS will grow tenfold to $20 by 2031, with the stock price doubling to $200, driving a more than 7% increase in its share price this week.
Intel's stock price rose over 7% this week after an analyst report highlighted the chipmaker's significant growth potential in the artificial intelligence (AI) sector. Trip Chowdhry, an analyst at Global Equities Research, predicts that as computing demand shifts from GPU to CPU-driven agentic AI workloads, Intel's annual earnings per share will increase more than tenfold to $20 by 2031, and its stock price will double to $200.
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