Intel (NASDAQ:INTC) Raised to “Strong-Buy” at Zacks Research

Intel (NASDAQ:INTC) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

INTC has been the topic of a number of other research reports. Wedbush reiterated a “neutral” rating and set a $98.00 price target on shares of Intel in a report on Tuesday. The Goldman Sachs Group began coverage on Intel in a research note on Monday, October 19th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. raised Intel from an “underweight” rating to a “neutral” rating and set a $85.00 price objective on the stock in a report on Monday, October 19th. Tigress Financial boosted their price objective on Intel from $118.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Finally, National Bank Financial set a $85.00 price objective on Intel in a research report on Monday, October 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Intel has a consensus rating of “Hold” and a consensus price target of $108.23.

Intel Trading Up 3.6%

INTC stock opened at $93.74 on Monday. The company has a 50 day simple moving average of $101.67 and a 200 day simple moving average of $85.75. Intel has a 1 year low of $32.89 and a 1 year high of $142.35.

Insiders Place Their Bets

In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly 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 available at this link. 0.05% of the stock is owned by corporate insiders.

Institutional Trading of Intel

A number of institutional investors have recently bought and sold shares of INTC. ABS Investment Management LLC bought a new position in shares of Intel in the 2nd quarter worth about $694,101,000. Montgomery Financial Services LLC bought a new stake in shares of Intel during the 2nd quarter valued at about $26,000. Knuff & Co LLC acquired a new stake in Intel during the second quarter worth approximately $29,000. Glynn Capital Management LLC acquired a new stake in Intel during the second quarter worth approximately $29,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares in the last quarter. 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: Intel agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion, aiming to build a full-stack quantum-computing platform. The deal strengthens Intel’s longer-term positioning in a new growth market, although it also adds execution and investment risk. Intel to buy quantum firm Classiq
• Positive Sentiment: New Street Research upgraded Intel to Buy with a reported $125 target, citing a shortage of server CPUs and improving demand. Wedbush maintained Neutral but raised its target to $98, describing the setup ahead of earnings as balanced with server performance the key issue.
• Positive Sentiment: Several earnings previews point to stronger data-center revenue, AI infrastructure demand, Xeon processor sales, and possible pricing benefits from constrained server-CPU supply. Investors are looking for evidence that server strength can offset weaker PC demand and support margins. Intel Q3 earnings preview
• Positive Sentiment: Intel’s Crescent Island GPU D-series and Xeon-based rack designs target memory-intensive agentic-AI inference, offering a potential avenue for growth beyond traditional CPUs. The company is also benefiting from broader semiconductor-sector momentum and optimism surrounding its turnaround.
• Neutral Sentiment: Intel, along with IBM, Oracle and IonQ, objected to having its shares listed in tokenized form on the proposed OKX-ICE exchange. The move has limited direct financial impact but signals that major issuers want greater control over how their shares are traded. Companies object to tokenized stocks
• Negative Sentiment: Rosenblatt reaffirmed its Sell rating and assigned an $80 price target, well below prevailing levels. The bearish view underscores concerns about Intel’s valuation, profitability, and the difficulty of executing its costly foundry turnaround.
• Negative Sentiment: Nvidia’s emerging Vera CPU business is already shipping to hyperscalers, creating a new competitive threat to Intel in data-center processors. Investors also face elevated volatility, with options markets implying a large move around Thursday’s earnings report.

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.