Intel (NASDAQ:INTC) Stock Price Up 3.6% Following Analyst Upgrade

Intel Corporation (NASDAQ:INTC)’s stock price traded up 3.6% during trading on Wednesday after Tigress Financial raised their price target on the stock from $45.00 to $52.00. Tigress Financial currently has a buy rating on the stock. Intel traded as high as $38.69 and last traded at $38.38. 74,144,339 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 104,039,141 shares. The stock had previously closed at $37.03.

INTC has been the subject of a number of other reports. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. BNP Paribas Exane raised their price target on shares of Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a report on Friday, October 24th. Seaport Res Ptn upgraded Intel from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft upped their target price on Intel from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Finally, New Street Research increased their target price on Intel from $23.00 to $32.00 in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $34.84.

Institutional Investors Weigh In On Intel

Several large investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Intel in the second quarter valued at $1,579,378,000. Nuveen LLC purchased a new position in shares of Intel in the 1st quarter worth approximately $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Intel during the 2nd quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD lifted its holdings in Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after purchasing an additional 14,901,457 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Up 3.6%

The firm has a fifty day simple moving average of $32.56 and a two-hundred day simple moving average of $25.41. The stock has a market cap of $167.99 billion, a PE ratio of 3,841.84 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38.

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

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.