Intel (NASDAQ:INTC) Price Target Raised to $108.00

Intel (NASDAQ:INTC) had its price objective lifted by Truist Financial from $81.00 to $108.00 in a research report report published on Friday morning,Benzinga reports. Truist Financial currently has a hold rating on the chip maker’s stock.

A number of other equities analysts also recently commented on INTC. Wolfe Research assumed coverage on shares of Intel in a report on Thursday, June 11th. They issued a “peer perform” rating for the company. HC Wainwright set a $150.00 price target on shares of Intel in a report on Monday, June 29th. Rosenblatt Securities lifted their price objective on shares of Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a research report on Friday. Roth Capital boosted their price objective on shares of Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus price target of $107.67.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $92.32 on Friday. The company has a market capitalization of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel has a 12-month low of $18.97 and a 12-month high of $142.35. The business’s fifty day simple moving average is $115.84 and its 200-day simple moving average is $78.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the prior year, the business posted ($0.10) EPS. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts predict that Intel will post 0.65 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Large investors have recently bought and sold shares of the stock. Financially Speaking Inc raised its holdings in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the last quarter. Financial Life Planners purchased a new stake in shares of Intel during the first quarter valued at $25,000. Legacy Bridge LLC purchased a new stake in shares of Intel during the fourth quarter valued at $26,000. Raleigh Capital Management Inc. acquired a new position in shares of Intel in the 4th quarter valued at $29,000. Finally, Swiss RE Ltd. acquired a new position in shares of Intel in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.