Intel (NASDAQ:INTC) Stock Gets Price Target Trim from Susquehanna

Intel (NASDAQ:INTC) had its target price cut by Susquehanna from $115.00 to $105.00 in a report issued on Wednesday morning, Marketbeat reports. They currently have a neutral rating on the chip maker’s stock.

Several other analysts have also recently weighed in on INTC. Royal Bank Of Canada started coverage on Intel in a report on Tuesday, September 8th. They issued an “outperform” rating on the stock. Citigroup assumed coverage on shares of Intel in a research report on Monday. They issued an “outperform” rating on the stock. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Seaport Research Partners reaffirmed a “buy” rating and issued a $125.00 target price on shares of Intel in a research note on Friday, July 24th. Finally, Tigress Financial lifted their target price on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.73.

Intel Trading Up 1.7%

Shares of INTC stock opened at $86.96 on Wednesday. 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 has a 52-week low of $32.89 and a 52-week high of $142.35. The company has a market capitalization of $438.63 billion, a PE ratio of 137.89, a price-to-earnings-growth ratio of 9.08 and a beta of 2.22. The business’s fifty day moving average is $101.97 and its 200 day moving average is $102.82.

Intel (NASDAQ:INTC) last posted 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 company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) earnings per share. On average, equities research analysts anticipate that Intel will post 1.05 EPS for the current fiscal year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is owned by insiders.

Hedge Funds Weigh In On Intel

A number of large investors have recently added to or reduced their stakes in INTC. State Street Corp grew its stake in shares of Intel by 1.2% during the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after buying an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA purchased a new position in shares of Intel in the second quarter worth about $10,507,291,000. Amundi lifted its stake in shares of Intel by 14.9% in the 1st quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after acquiring an additional 5,045,936 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Intel by 0.4% in the 1st quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock valued at $1,354,832,000 after acquiring an additional 112,054 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: The FCC granted Intel a waiver allowing the company to continue using foreign-made robotic devices, easing a potential regulatory and manufacturing constraint. FCC grants Intel waiver for foreign-made robotic devices
• Positive Sentiment: Wedbush identified a potential boost from Intel’s Arizona chip plant, while continued construction progress at the company’s Ohio project reinforced the turnaround narrative and long-term domestic-foundry strategy. Intel Stock Rises as Wedbush Spots a Potential Boost From Arizona Chip Plant
• Positive Sentiment: Investors are positioning for the October 29 quarterly report. Analysts and bullish commentators point to strong server-CPU demand, recent price increases and Intel’s history of exceeding its own forecasts as possible sources of an earnings or guidance beat. Options markets imply a potentially sizable post-earnings move. Prediction: Intel Stock Will Take Off After Oct. 29
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS forecast for Intel to $1.59 from $1.56, above the broader consensus estimate of $1.05, signaling improving expectations for the company’s earnings recovery.
• Neutral Sentiment: The move also reflected a rebound in selected technology shares despite broader market pressure from higher oil prices and concerns about inflation, interest rates and the cost of AI infrastructure. Why are AMD, Intel stocks gaining today?
• Negative Sentiment: Risks remain ahead of earnings: Intel’s third-quarter outlook called for adjusted EPS of $0.38, below the prior quarter’s $0.42, while analysts continue to question whether its foundry operations can achieve competitive yields and scale. Nvidia’s expansion into CPU markets also presents a longer-term competitive threat. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale

About Intel

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.