Intel FY2026 Earnings Forecast Lifted by Erste Group Bank

Intel Corporation (NASDAQ:INTC) – Equities research analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for Intel in a report issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now forecasts that the chip maker will earn $1.08 per share for the year, up from their previous forecast of $1.07. The consensus estimate for Intel’s current full-year earnings is $1.04 per share. Erste Group Bank also issued estimates for Intel’s FY2027 earnings at $1.56 EPS.

A number of other research analysts have also recently weighed in on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. Rosenblatt Securities increased 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, July 24th. Truist Financial increased their price objective on shares of Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. DA Davidson raised their target price on shares of Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Finally, Morgan Stanley lifted their target price on shares of Intel from $75.00 to $84.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $109.06.

Intel Trading Down 4.6%

NASDAQ INTC opened at $98.12 on Tuesday. Intel has a one year low of $32.89 and a one year high of $142.35. The company’s 50 day moving average price is $103.38 and its 200 day moving average price is $101.03. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market capitalization of $494.92 billion, a price-to-earnings ratio of 165.82, a PEG ratio of 10.97 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS 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 company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the business posted ($0.10) EPS. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS.

Hedge Funds Weigh In On Intel

Institutional investors and hedge funds have recently bought and sold shares of the stock. Southern Financial Group LLC boosted its stake in Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after acquiring an additional 90 shares during the period. Harrell Investment Partners LLC raised its position in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after purchasing an additional 100 shares during the period. TFR Capital LLC. raised its position in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after purchasing an additional 100 shares during the period. Walker Asset Management LLC raised its position in shares of Intel by 1.9% during the 3rd quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker’s stock worth $653,000 after purchasing an additional 100 shares during the period. Finally, Wynn Capital LLC lifted its holdings in shares of Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insider Activity at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 350-watt Crescent Island GPU has reached customer testing. The inference-focused accelerator is designed for standard air-cooled servers, with up to 480 GB of memory, potentially giving Intel a lower-cost alternative for enterprise AI workloads. Intel GPU customer testing article
• Positive Sentiment: Recent coverage highlights Intel’s strongest quarterly revenue growth in roughly 15 years, with second-quarter sales up about 25% year over year. Analysts at Erste Group also modestly raised their 2026 and 2027 earnings estimates, while KeyBanc named Intel among its preferred chip stocks ahead of earnings. Intel revenue growth article
• Neutral Sentiment: Intel’s upcoming quarterly report will be closely watched for evidence that improving chip supply is translating into stronger fourth-quarter growth and whether its foundry operation is attracting major external customers. Intel earnings preview
• Negative Sentiment: An explosion at Intel’s Kiryat Gat facility in Israel prompted investor concern about possible disruption to operations. Reports did not establish the extent of any production or facility damage, but the incident added near-term uncertainty. Intel Israel facility explosion article
• Negative Sentiment: Intel remains under pressure from heavy foundry losses: foundry revenue reportedly grew about 31%, but the division posted an operating loss near $2.1 billion. The company’s expensive manufacturing transition, suspended dividend and elevated valuation make execution risk particularly important for investors. Intel foundry losses article
• Negative Sentiment: The broader semiconductor decline also weighed on Intel, as investors took profits after a strong run and questioned elevated chip valuations, financing conditions, Chinese competition and the pace at which AI infrastructure spending can generate returns. Semiconductor sell-off article

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.