Intel (NASDAQ:INTC) Updates Q3 2026 Earnings Guidance

Intel (NASDAQ:INTC) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.380-0.380 for the period, compared to the consensus estimate of 0.240. The company issued revenue guidance of $15.8 billion-$16.8 billion, compared to the consensus revenue estimate of $15.0 billion.

Intel Trading Down 4.0%

NASDAQ:INTC opened at $96.19 on Friday. The firm has a market capitalization of $483.46 billion, a P/E ratio of -156.93 and a beta of 2.18. The business has a 50 day simple moving average of $116.17 and a 200 day simple moving average of $77.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel has a 12-month low of $18.97 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period last year, the company earned ($0.10) earnings per share. The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel will post 0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the topic of several recent research reports. Cantor Fitzgerald cut their price objective on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday. Susquehanna upped their target price on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. New Street Research lifted their price target on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Finally, HSBC reiterated a “buy” rating on shares of Intel in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Intel presently has an average rating of “Hold” and an average target price of $105.03.

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 that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s Q2 results beat expectations on both earnings and revenue, and management raised its outlook, which is the main driver behind the stock’s move higher. Intel blows past estimates, recording fastest sales growth in almost 15 years on ‘unprecedented’ demand
• Positive Sentiment: Investors are also reacting to evidence that AI demand is boosting Intel’s data-center business and foundry momentum, supporting hopes for a longer-term recovery. Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
• Positive Sentiment: Several analyst notes turned more constructive after earnings, including upgrades or maintained Buy ratings and higher price targets, which can help reinforce bullish sentiment. Intel Maintained at Buy as Strong Q2 Results and Foundry Strategy Support Unchanged $160 Price Target
• Neutral Sentiment: There was some mixed analyst reaction as a few firms kept neutral or sell ratings despite lifting targets, suggesting the rally may face valuation scrutiny after the sharp run-up.
• Negative Sentiment: Intel is still facing reminders that execution risk remains, especially around foundry traction and supply constraints, so some investors may question how sustainable the recovery will be. Hold Rating Maintained on Intel as Analyst Sees Execution Risks and Unproven Foundry Traction Despite AI-Driven Upside

Institutional Trading of Intel

Several institutional investors have recently modified their holdings of INTC. Sunbelt Securities Inc. grew its stake in shares of Intel by 15.8% in the 4th quarter. Sunbelt Securities Inc. now owns 5,373 shares of the chip maker’s stock worth $198,000 after purchasing an additional 732 shares during the last quarter. Compound Planning Inc. lifted its stake in Intel by 258.3% during the fourth quarter. Compound Planning Inc. now owns 127,906 shares of the chip maker’s stock valued at $4,720,000 after purchasing an additional 92,206 shares during the last quarter. TMB Capital Partners LLC bought a new stake in Intel during the fourth quarter worth approximately $217,000. Axxcess Wealth Management LLC boosted its holdings in Intel by 4.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 86,715 shares of the chip maker’s stock worth $3,200,000 after buying an additional 3,995 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in Intel in the fourth quarter worth approximately $71,000. Institutional investors and hedge funds 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.