Intel Corporation (NASDAQ:INTC) Stock Has Average Target Price of $97.42

Intel Corporation (NASDAQ:INTC) has earned a consensus recommendation of “Hold” from the fifty-one ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, twenty-eight have given a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $97.42.

INTC has been the subject of several recent research reports. Stifel Nicolaus set a $90.00 price target on Intel in a research report on Friday, October 30th. Wedbush restated a “neutral” rating and issued a $98.00 target price on shares of Intel in a research note on Tuesday, October 27th. Truist Financial dropped their price objective on Intel from $108.00 to $72.00 and set a “hold” rating for the company in a report on Friday, October 30th. Weiss Ratings downgraded Intel from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, October 23rd. Finally, Tigress Financial raised their price target on Intel from $118.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $56.28 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.86 and a current ratio of 2.31. Intel has a twelve month low of $32.89 and a twelve month high of $142.35. The firm has a market cap of $299.13 billion, a PE ratio of 65.18, a price-to-earnings-growth ratio of 6.25 and a beta of 2.42. The business has a fifty day moving average of $97.95 and a 200-day moving average of $86.60.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. Intel’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.23 EPS. On average, equities research analysts predict that Intel will post 1.04 EPS for the current fiscal year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel joined a broad recovery in semiconductor stocks as investors bought shares after Thursday’s steep AI-related selloff. The rebound lifted the Nasdaq, though worries about interest rates and AI spending persisted. Market and chip-stock rebound
• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million, increasing his direct ownership by 11.4%. The insider purchase may signal confidence, although it does not resolve Intel’s operating challenges. Report on CEO share purchase
• Positive Sentiment: Intel technology is being used in Atsign’s EdgeAI platform, while a separate report highlighted Xeon processors for enterprise AI workloads. These developments support Intel’s effort to build AI-related demand beyond traditional PC chips. Intel EdgeAI and Xeon developments
• Negative Sentiment: The recovery follows pressure from Intel’s fourth-quarter revenue outlook of $15 billion to $16 billion and management’s warning that PC weakness could extend into 2027. A securities law firm has also announced an investigation into potential investor claims; this is an investigation notice, not a finding of wrongdoing. Investigation notice and outlook concerns
• Negative Sentiment: Analyst estimate reductions and ongoing concerns about losses in Intel Foundry add to doubts about earnings momentum and the execution of its turnaround. Analysis of Intel Foundry risks

Insider Activity

In other news, CEO Lip Tan bought 150,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was acquired at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,464,669 shares of the company’s stock, valued at $94,808,024.37. This represents a 11.41% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in INTC. Primecap Management Co. CA purchased a new position in shares of Intel in the second quarter valued at $10,507,291,000. Legal & General Group Plc acquired a new stake in shares of Intel in the 2nd quarter valued at $4,096,110,000. Assenagon Asset Management S.A. increased its holdings in Intel by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after buying an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Intel in the 2nd quarter valued at $1,848,438,000. Finally, Bank of America Corp DE raised its holdings in Intel by 35.7% during the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after buying an additional 8,342,514 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Company Profile