Intel (NASDAQ:INTC) Shares Up 2.2% – Here’s Why

Intel Corporation (NASDAQ:INTC)’s stock price traded up 2.2% on Friday . The stock traded as high as $42.83 and last traded at $41.41. 99,105,861 shares were traded during trading, a decline of 3% from the average session volume of 102,387,039 shares. The stock had previously closed at $40.50.

Analysts Set New Price Targets

Several research firms recently commented on INTC. Loop Capital raised their price target on shares of Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a report on Friday, October 24th. TD Cowen increased their price objective on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, October 24th. KeyCorp restated a “sector weight” rating on shares of Intel in a report on Monday, October 20th. Evercore ISI boosted their target price on shares of Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Finally, Wedbush increased their price objective on Intel from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $34.84.

Intel Stock Up 2.2%

The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $37.66 and a 200-day simple moving average of $28.10. The stock has a market capitalization of $197.82 billion, a price-to-earnings ratio of 4,145.15 and a beta of 1.34.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Ontario Teachers Pension Plan Board increased its stake in shares of Intel by 14.0% in the first quarter. Ontario Teachers Pension Plan Board now owns 50,989 shares of the chip maker’s stock valued at $1,158,000 after buying an additional 6,245 shares in the last quarter. AlphaCore Capital LLC grew its holdings in Intel by 185.1% during the 1st quarter. AlphaCore Capital LLC now owns 36,270 shares of the chip maker’s stock worth $824,000 after acquiring an additional 23,547 shares during the last quarter. Forsta AP Fonden increased its position in Intel by 2.9% in the 1st quarter. Forsta AP Fonden now owns 946,546 shares of the chip maker’s stock valued at $21,496,000 after acquiring an additional 26,600 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Intel in the first quarter worth about $182,000. Finally, Townsquare Capital LLC lifted its position in shares of Intel by 31.7% during the first quarter. Townsquare Capital LLC now owns 90,366 shares of the chip maker’s stock worth $2,052,000 after purchasing an additional 21,759 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

About Intel

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.