Intel (NASDAQ:INTC) Shares Up 7.7% – What’s Next?

Intel Corporation (NASDAQ:INTC)’s stock price traded up 7.7% on Thursday . The stock traded as high as $111.37 and last traded at $108.80. Approximately 147,348,491 shares traded hands during mid-day trading, an increase of 26% from the average session volume of 117,212,000 shares. The stock had previously closed at $101.05.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential SK hynix Ohio partnership: Reports that SK hynix is exploring a lease or joint venture at Intel’s delayed Ohio facility have raised hopes that Intel can attract an anchor customer, share construction costs and generate outside foundry volume. The talks would also connect Intel to strong AI-driven memory demand. No agreement has been finalized. Reuters report on SK hynix talks
• Positive Sentiment: Foundry timeline accelerated: CEO Lip-Bu Tan reportedly moved risk production for Intel’s 14A process forward, reinforcing expectations that the company may reach important manufacturing milestones sooner and improve customer confidence. Intel 14A production report
• Positive Sentiment: AI and semiconductor-sector momentum: Intel has reported progress in Xeon 6 and Arc Pro AI-inference performance, while the broader chip sector rebounded as oil prices and Treasury yields eased. Analysts have also raised targets, including Tigress Financial’s $145 target and recent bullish commentary around Intel’s foundry and AI prospects. Intel AI inference report
• Neutral Sentiment: Altera IPO could provide liquidity: Altera’s confidential IPO filing may help Intel monetize its remaining minority stake and support its restructuring, although the value and timing of any proceeds remain uncertain. Altera IPO report
• Negative Sentiment: Execution and valuation risks remain: SK hynix has said no arrangement is confirmed, and the type of memory, financial structure and regulatory approval are unresolved. Intel’s foundry continues to require substantial capital, while the stock’s rally has increased valuation and profit-taking risk. Investors are likely to seek a signed customer commitment before treating the Ohio project as a fundamental earnings catalyst. Analysis of Intel and SK hynix risks

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. KeyCorp set a $125.00 target price on Intel in a research report on Friday, July 24th. Weiss Ratings downgraded shares of Intel from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, September 9th. Stifel Nicolaus dropped their target price on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Seaport Research Partners restated a “buy” rating and set a $125.00 target price on shares of Intel in a report on Friday, July 24th. Finally, Wells Fargo & Company boosted their price target on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $108.49.

Intel Stock Up 7.7%

The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock’s fifty day simple moving average is $96.91 and its 200-day simple moving average is $91.32. The stock has a market cap of $549.14 billion, a P/E ratio of -51.60, a PEG ratio of 10.37 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company earned ($0.10) earnings per share. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts anticipate that Intel Corporation will post 1.04 earnings per share for the current year.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intel

Hedge funds have recently made changes to their positions in the stock. Southern Financial Group LLC grew its holdings in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after acquiring an additional 90 shares in the last quarter. Harrell Investment Partners LLC increased its stake in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after purchasing an additional 100 shares during the last quarter. TFR Capital LLC. lifted its position in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after buying an additional 100 shares during the last quarter. Wynn Capital LLC boosted its position in Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares during the period. Finally, Bell Investment Advisors Inc increased its stake in shares of Intel by 4.3% in the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock worth $404,000 after purchasing an additional 119 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.