Intel (NASDAQ:INTC – Free Report) had its price objective upped by Rosenblatt Securities from $65.00 to $80.00 in a report published on Friday, Marketbeat Ratings reports. They currently have a sell rating on the chip maker’s stock.
A number of other equities analysts have also commented on the company. Piper Sandler initiated coverage on Intel in a research note on Thursday, June 11th. They issued a “neutral” rating on the stock. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Susquehanna increased their price objective on Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. HC Wainwright set a $150.00 target price on Intel in a research report on Monday, June 29th. Finally, DA Davidson raised their price objective on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus target price of $107.67.
View Our Latest Stock Report on Intel
Intel Stock Performance
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period last year, the firm posted ($0.10) earnings per share. Intel’s 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. Analysts anticipate that Intel will post 0.65 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.05% of the stock is owned by insiders.
Institutional Trading of Intel
Several institutional investors and hedge funds have recently made changes to their positions in INTC. Southern Financial Group LLC lifted its holdings in shares of Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares during the last quarter. Harrell Investment Partners LLC lifted its stake in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after acquiring an additional 100 shares during the last quarter. Wynn Capital LLC boosted its holdings in Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after acquiring an additional 104 shares during the period. Demars Financial Group LLC grew its position in Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after acquiring an additional 125 shares during the last quarter. Finally, Human Investing LLC increased its stake in Intel by 0.9% in the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after purchasing an additional 126 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.
Intel News Roundup
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.
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