Intel (NASDAQ:INTC) Price Target Raised to $26.00

Intel (NASDAQ:INTC) had its price objective raised by HSBC from $24.00 to $26.00 in a research note published on Friday,MarketScreener reports.

Other analysts have also issued reports about the stock. Barclays raised their price objective on shares of Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday. Bank of America reiterated an “underperform” rating and set a $34.00 target price on shares of Intel in a report on Monday, October 13th. Truist Financial lifted their target price on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a report on Friday. Seaport Res Ptn upgraded shares of Intel from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 24th. Finally, Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $33.65.

Intel Stock Performance

Shares of INTC opened at $38.28 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel has a one year low of $17.67 and a one year high of $41.12. The company has a 50-day simple moving average of $30.37 and a two-hundred day simple moving average of $24.39. The firm has a market capitalization of $167.55 billion, a PE ratio of 3,831.83 and a beta of 1.33.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same period last year, the business posted ($0.46) earnings per share. Intel’s quarterly revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, analysts anticipate that Intel will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Intel

Hedge funds have recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new position in Intel in the 1st quarter worth approximately $25,000. HFM Investment Advisors LLC purchased a new position in Intel in the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel in the 1st quarter worth approximately $27,000. West Branch Capital LLC purchased a new position in Intel in the 2nd quarter worth approximately $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in Intel in the 2nd quarter worth approximately $28,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.