Intel Corporation (NASDAQ:INTC) Receives $34.84 Average Price Target from Brokerages

Intel Corporation (NASDAQ:INTC) has been assigned a consensus rating of “Reduce” from the thirty-four analysts that are currently covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $34.8370.

INTC has been the topic of several recent research reports. Truist Financial upped their target price on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. KeyCorp reiterated a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Citigroup reiterated a “sell” rating and issued a $29.00 target price (up from $24.00) on shares of Intel in a report on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Intel from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Friday, October 24th.

Intel Price Performance

INTC stock opened at $34.50 on Wednesday. The business’s fifty day moving average price is $35.63 and its 200 day moving average price is $26.79. Intel has a 12-month low of $17.67 and a 12-month high of $42.48. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $164.81 billion, a PE ratio of 3,453.45 and a beta of 1.31.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.Intel’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, sell-side analysts anticipate that Intel will post -0.11 EPS for the current year.

Institutional Trading of Intel

Hedge funds have recently added to or reduced their stakes in the company. Westbourne Investments Inc. grew its stake in Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after purchasing an additional 54,395 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Intel by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after buying an additional 8,513,298 shares during the last quarter. Pacific Wealth Management purchased a new position in shares of Intel during the 2nd quarter valued at approximately $1,593,000. Econ Financial Services Corp acquired a new stake in shares of Intel during the second quarter worth approximately $754,000. Finally, Y Intercept Hong Kong Ltd increased its stake in shares of Intel by 6,865.7% in the second quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock worth $25,792,000 after buying an additional 1,134,895 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.