Raymond James Financial Begins Coverage on Intel (NASDAQ:INTC)

Raymond James Financial started coverage on shares of Intel (NASDAQ:INTC) in a note issued to investors on Friday, MarketBeat.com reports. The brokerage set a “market perform” rating on the chip maker’s stock.

Other equities analysts have also recently issued research reports about the company. Rosenblatt Securities upped their price target on Intel from $14.00 to $25.00 and gave the company a “sell” rating in a report on Friday, October 24th. Seaport Res Ptn upgraded Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. KeyCorp reiterated a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Truist Financial upped their target price on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Finally, Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel presently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Stock Down 4.2%

INTC opened at $33.62 on Friday. The business has a 50 day moving average of $35.42 and a 200-day moving average of $26.69. The stock has a market capitalization of $160.60 billion, a price-to-earnings ratio of 3,365.37 and a beta of 1.31. 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 has a 1-year low of $17.67 and a 1-year high of $42.48.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (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 for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the firm posted ($0.46) earnings per share. Intel’s 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. As a group, sell-side analysts anticipate that Intel will post -0.11 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of Intel by 1.3% in the third quarter. Vanguard Group Inc. now owns 390,829,684 shares of the chip maker’s stock worth $13,112,336,000 after acquiring an additional 4,925,949 shares during the last quarter. State Street Corp raised its position in Intel by 1.6% in the 2nd quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock worth $4,561,035,000 after purchasing an additional 3,168,824 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Intel by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock worth $2,174,854,000 after buying an additional 1,760,773 shares in the last quarter. Capital World Investors boosted its position in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares during the last quarter. Finally, Primecap Management Co. CA raised its position in shares of Intel by 4.3% during the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock worth $1,798,679,000 after acquiring an additional 3,313,890 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

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.