Intel (NASDAQ:INTC) Shares Up 2.4% After Analyst Upgrade

Intel Corporation (NASDAQ:INTC)’s share price shot up 2.4% during mid-day trading on Monday after Sanford C. Bernstein upgraded the stock from a market perform rating to an outperform rating. The stock traded as high as $95.39 and last traded at $92.03. 100,958,873 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 116,312,461 shares. The stock had previously closed at $89.85.

INTC has been the topic of several other reports. Northland Securities upgraded shares of Intel from a “market perform” rating to an “outperform” rating and set a $120.00 target price on the stock in a research report on Tuesday, September 8th. Citigroup began coverage on shares of Intel in a research note on Monday. They set an “outperform” rating for the company. Cantor Fitzgerald decreased their price objective on Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Mizuho lifted their price objective on Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Finally, DA Davidson upped their price objective on Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twenty-six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $108.48.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: JPMorgan removed its bearish rating. Analyst Harlan Sur upgraded Intel from Underweight to Neutral, saying the risk-reward profile has become more balanced after the stock’s steep pullback. JPMorgan cited improving confidence in Intel’s manufacturing execution, chip design and turnaround prospects. Why a former Intel skeptic is giving up his negative call on the stock
• Positive Sentiment: Tesla reportedly agreed to use Intel’s upcoming 14A process. The potential foundry relationship gives Intel an important external customer for its advanced manufacturing business and supports the company’s strategy to expand beyond its own processors. Investors are also watching reported progress in output from Intel’s 18A node. Intel lands a major customer for its 14A foundry process
• Positive Sentiment: Chip stocks broadly rebounded. Intel, AMD and Micron recovered as investors bought semiconductor stocks following the sector’s worst losing stretch in years. Falling oil prices and expectations for major technology earnings also supported the broader market recovery. Micron and Intel lead chip recovery
• Neutral Sentiment: JPMorgan’s $85 price target remains below the current market level. The upgrade reduces downside pressure from a Sell-equivalent rating, but the target indicates that the analyst does not yet see clear upside and remains cautious about Intel’s execution. Intel upgrade lifts chip stocks
• Negative Sentiment: Risks remain around Intel’s competitive position and capital needs. Intel has lost CPU market share, faces intense competition from AMD and other foundries, and has announced a substantial equity raise to fund factory expansion. Concerns about AI spending returns and data-center demand could also renew pressure on the stock if upcoming earnings disappoint.
• Neutral Sentiment: Speculation that Intel could benefit from proposed government payments under President Trump’s plans is highly uncertain and is not currently a fundamental earnings catalyst. Intel stock may factor into Trump’s payment plans

Institutional Trading of Intel

Several large investors have recently made changes to their positions in the business. State Street Corp increased its position in Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after acquiring an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA acquired a new position in shares of Intel during the second quarter worth approximately $10,507,291,000. Bank of America Corp DE increased its holdings in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of Intel in the second quarter valued at approximately $4,096,110,000. Finally, Assenagon Asset Management S.A. raised its position in Intel by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after purchasing an additional 14,063,302 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

The firm has a fifty day simple moving average of $103.05 and a 200-day simple moving average of $101.74. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a market cap of $464.20 billion, a price-to-earnings ratio of -43.62, a P/E/G ratio of 9.57 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The business’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period last year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts forecast that Intel Corporation will post 1.04 EPS for the current fiscal year.

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.