Intel (NASDAQ:INTC) Trading Up 3.3% – Here’s What Happened

Intel Corporation (NASDAQ:INTC)’s share price shot up 3.3% during mid-day trading on Wednesday . The stock traded as high as $103.16 and last traded at $100.95. Approximately 160,697,231 shares changed hands during trading, an increase of 33% from the average session volume of 120,512,578 shares. The stock had previously closed at $97.71.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s $20 billion common-stock offering, priced at $95 per share, gives the company substantial capital to fund AI chips, manufacturing capacity and its contract-foundry strategy. Bank of America described the raise as a positive indicator of management’s confidence in the foundry business and maintained a Buy rating with a $145 price target. Intel stock jumps as BofA backs foundry strategy
• Positive Sentiment: The latest earnings showed strong momentum: quarterly revenue rose 25.2% year over year to $16.13 billion, exceeding expectations, while adjusted earnings also beat estimates. Data-center demand and AI PC activity are supporting the recovery, and Intel Foundry revenue grew 31% year over year while its operating loss narrowed to $2.1 billion. Intel Foundry grew 31% last quarter
• Positive Sentiment: Intel is reportedly considering a return to the memory market, including technologies that combine memory and processors. The move could create additional revenue opportunities as demand for AI-related computing infrastructure grows. Intel considers getting back into memory
• Neutral Sentiment: Market commentary remains divided. Supporters, including Jim Cramer, see CEO Lip-Bu Tan’s strategy and the capital raise as signs of a credible turnaround, while other analysts caution that Intel remains far behind AMD in AI execution and profitability.
• Negative Sentiment: The enlarged share sale increases dilution for existing shareholders and may reduce near-term earnings per share. Investors also remain concerned that Intel is relying on new equity to finance an expensive turnaround rather than funding investments through internally generated cash. Intel’s rally gave it a $20 billion opportunity

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Intel in a research report on Tuesday, July 21st. Arete Research lifted their price target on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Rosenblatt Securities upped their price objective on shares of Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research note on Friday, July 24th. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group assumed coverage on Intel in a research note on Thursday, June 11th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $107.85.

Intel Trading Up 3.3%

The company has a market capitalization of $509.19 billion, a PE ratio of -47.84 and a beta of 2.22. The business has a fifty day moving average price of $110.57 and a 200 day moving average price of $82.41. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.Intel’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

Institutional Investors Weigh In On Intel

A number of institutional investors have recently modified their holdings of the business. iA Global Asset Management Inc. boosted its holdings in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC bought a new position in shares of Intel during the fourth quarter worth $205,000. Heritage Investment Group Inc. acquired a new position in Intel in the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in Intel during the 4th quarter worth approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after acquiring an additional 13,858 shares during the period. 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.