Intel (NASDAQ:INTC – Free Report) had its price target lifted by Wells Fargo & Company from $30.00 to $45.00 in a report published on Friday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the chip maker’s stock.
Several other analysts have also weighed in on the company. Benchmark raised their price objective on Intel from $43.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Roth Capital raised their price objective on Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday. JPMorgan Chase & Co. raised their price objective on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research note on Friday, September 19th. Finally, Northland Securities lifted their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $33.65.
View Our Latest Stock Report on Intel
Intel Stock Performance
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.Intel’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.46) earnings per share. 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.
Institutional Investors Weigh In On Intel
A number of institutional investors have recently added to or reduced their stakes in the business. Lakeshore Capital Group Inc. lifted its stake in shares of Intel by 1.4% in the third quarter. Lakeshore Capital Group Inc. now owns 20,906 shares of the chip maker’s stock worth $701,000 after acquiring an additional 279 shares during the period. Investors Research Corp lifted its stake in shares of Intel by 0.7% in the third quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock worth $1,362,000 after acquiring an additional 300 shares during the period. Beaumont Financial Advisors LLC lifted its stake in shares of Intel by 1.8% in the third quarter. Beaumont Financial Advisors LLC now owns 17,194 shares of the chip maker’s stock worth $577,000 after acquiring an additional 311 shares during the period. Sunflower Bank N.A. lifted its stake in shares of Intel by 1.3% in the third quarter. Sunflower Bank N.A. now owns 25,252 shares of the chip maker’s stock worth $847,000 after acquiring an additional 313 shares during the period. Finally, Institute for Wealth Management LLC. lifted its stake in shares of Intel by 2.6% in the third quarter. Institute for Wealth Management LLC. now owns 13,503 shares of the chip maker’s stock worth $453,000 after acquiring an additional 342 shares during the period. 64.53% of the stock is owned by institutional investors.
Intel Company Profile
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.
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