Intel (NASDAQ:INTC) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Intel (NASDAQ:INTC) issued its quarterly earnings results on Thursday. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21, FiscalAI reports. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel updated its Q3 2026 guidance to 0.380-0.380 EPS.

Intel Trading Down 2.3%

NASDAQ:INTC traded down $2.39 on Thursday, hitting $100.23. The stock had a trading volume of 129,098,706 shares, compared to its average volume of 120,172,016. The company has a fifty day moving average price of $116.48 and a two-hundred day moving average price of $77.54. Intel has a 1-year low of $18.97 and a 1-year high of $142.35. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The stock has a market cap of $503.76 billion, a price-to-earnings ratio of -161.66 and a beta of 2.18.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Tigress Financial increased their price objective on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Moffett Nathanson cut shares of Intel to a “neutral” rating in a research note on Thursday, June 11th. KeyCorp upped their target price on shares of Intel from $110.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Mizuho set a $135.00 target price on shares of Intel in a research report on Sunday, June 21st. Finally, Jefferies Financial Group started coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel currently has an average rating of “Hold” and an average target price of $102.77.

Insider Activity

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

Institutional Investors Weigh In On Intel

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTC. Sivia Capital Partners LLC boosted its position in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after purchasing an additional 25,001 shares during the period. United Bank purchased a new stake in Intel in the second quarter valued at approximately $205,000. Gamco Investors INC. ET AL raised its position in Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC lifted its stake in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly secured its first named outside foundry customer under Lip-Bu Tan, a sign that its contract manufacturing strategy may be gaining traction. Intel’s Foundry Just Landed Its First Named Outside Customer Under Lip-Bu Tan. The Stock Jumped More Than 8% — 2 Days Before Earnings.
• Positive Sentiment: Fortinet announced a collaboration with Intel on a security processor built on Intel 4, reinforcing foundry credibility and adding a visible customer win. Fortinet and Intel Just Announced a New Collaboration. The Real Test for FTNT Stock Is Earnings.
• Positive Sentiment: Multiple reports say Intel and AMD are locking in longer-term China server CPU demand, which could support near-term revenue and pricing. Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say
• Neutral Sentiment: Analysts broadly expect Intel to report around $0.22 EPS on roughly $14.4 billion in revenue, so the market is focused on whether results merely meet or can materially beat expectations. Intel Q2 Preview: Stock Hammers Nvidia with 7x Returns Since Dow Swap — Will Earnings Fuel Further Gains?
• Negative Sentiment: Several previews warn that Intel’s valuation and recent rally leave little room for disappointment, especially if PC demand stays weak or guidance underwhelms. Intel Stock Nearly Tripled in 2026 — Q2 Earnings Could Be a Reality Check

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.