Intel Names Craig Barratt as New Independent Chair

Intel ( (INTC) ) has issued an update.

On Feb. 27, 2026, Intel board chair Frank D. Yeary informed the company he would retire from the board following the May 13, 2026 Annual Stockholders’ Meeting and would not stand for reelection, prompting the board to reduce its size from twelve to eleven directors. Intel announced on March 3, 2026 that independent director Dr. Craig H. Barratt, a veteran semiconductor and technology executive with prior leadership roles at Atheros, Qualcomm and Intel, has been elected as the new independent chair, reinforcing the company’s broader board refresh and governance push to support its multi-year turnaround, disciplined execution and foundry-focused growth strategy.

The most recent analyst rating on (INTC) stock is a Sell with a $40.00 price target. To see the full list of analyst forecasts on Intel stock, see the INTC Stock Forecast page.

Spark’s Take on INTC Stock

According to Spark, TipRanks’ AI Analyst, INTC is a Neutral.

The score is held back primarily by weak financial performance (compressed margins, losses, and persistently negative free cash flow). Offsetting factors are strong technical momentum and a mixed-but-improving narrative from the earnings call (recent beats and a 2026 positive adjusted FCF target), supported by the $5B financing event.

To see Spark’s full report on INTC stock, click here.

More about Intel

Intel Corporation is a leading U.S.-based designer and manufacturer of advanced semiconductors that connect and power the modern world. The company focuses on computing technologies, including cutting-edge process nodes such as Intel 18A and 14A, and emphasizes U.S.-anchored R&D and manufacturing to support long-term technology leadership.

Average Trading Volume: 101,965,422

Technical Sentiment Signal: Buy

Current Market Cap: $227.3B

See more data about INTC stock on TipRanks’ Stock Analysis page.