Intel (NASDAQ:INTC) Shares Climb 1.9% – Here’s Why

Intel Corporation (NASDAQ:INTC)’s stock price traded up 1.9% on Wednesday. The stock traded as high as $95.68 and last traded at $95.53. 80,300,974 shares traded hands during trading, a decline of 30% from the average daily volume of 115,382,320 shares. The stock had previously closed at $93.74.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a report on Tuesday. Cantor Fitzgerald lowered their price objective on Intel from $125.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday. Rosenblatt Securities cut their price target on Intel from $80.00 to $70.00 and set a “sell” rating for the company in a research note on Friday. Tigress Financial increased their price objective 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. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $100.00 price target on shares of Intel in a research note on Sunday. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus price target of $97.98.

Intel Trading Down 28.6%

The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average is $101.63 and its two-hundred day moving average is $86.25. The firm has a market cap of $331.69 billion, a price-to-earnings ratio of -31.17, a price-to-earnings-growth ratio of 10.14 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The business had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 EPS. Equities analysts anticipate that Intel Corporation will post 1.05 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several large investors have recently bought and sold shares of the business. MFG Investments LLC bought a new stake in shares of Intel in the 3rd quarter worth about $544,000. Third View Private Wealth LLC boosted its holdings in Intel by 58.6% during the third quarter. Third View Private Wealth LLC now owns 5,868 shares of the chip maker’s stock valued at $705,000 after acquiring an additional 2,167 shares during the period. Provenance Wealth Advisors LLC lifted its position in Intel by 1,226.6% in the third quarter. Provenance Wealth Advisors LLC now owns 7,694 shares of the chip maker’s stock worth $925,000 after purchasing an additional 7,114 shares during the period. Associated Banc Corp acquired a new position in Intel in the third quarter valued at about $7,128,000. Finally, Putney Financial Group LLC raised its holdings in Intel by 4.5% during the 3rd quarter. Putney Financial Group LLC now owns 19,169 shares of the chip maker’s stock worth $2,305,000 after buying an additional 833 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Company Profile

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.