Intel (NASDAQ:INTC) Stock Price Up 10.6% – What’s Next?

Shares of Intel Corporation (NASDAQ:INTC) were up 10.6% on Thursday . The company traded as high as $135.48 and last traded at $133.99. Approximately 230,234,505 shares changed hands during mid-day trading, an increase of 88% from the average session volume of 122,459,820 shares. The stock had previously closed at $121.10.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump said Apple agreed to work with Intel to design and build chips in America, which could be a major validation of Intel’s foundry strategy. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel’s 18A-P process entered risk production, signaling manufacturing progress and raising hopes that the company can attract external customers. Reuters: Intel’s new manufacturing tech enters initial production
• Positive Sentiment: Analysts and commentators have turned more constructive on Intel as AI-driven CPU demand and foundry momentum improve the outlook for the stock. CNBC: Intel rises 9% after Trump says company will partner with Apple on U.S. chip design
• Neutral Sentiment: Intel’s big rally has pushed the stock to fresh highs, which may leave valuation questions if investors start pricing in execution before the Apple deal is confirmed in company filings.
• Negative Sentiment: Some market coverage notes that Intel is being valued like stronger rivals such as AMD or TSMC even though its turnaround is still in progress, suggesting expectations may be running ahead of fundamentals. Invezz: Intel stock is being valued as AMD or TSMC – but its neither yet

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Citigroup raised shares of Intel from a “buy” rating to a “buy” rating in a research note on Thursday, June 11th. Evercore set a $95.00 price target on Intel in a report on Friday, April 24th. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Benchmark increased their price objective on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Moffett Nathanson cut Intel to a “neutral” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $87.09.

Intel Price Performance

The company has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. The business’s 50-day simple moving average is $99.46 and its 200 day simple moving average is $63.55. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period last year, the firm posted $0.13 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

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

Intel Company Profile

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.