Intel (NASDAQ:INTC) Stock Gets Price Target Reduction from Wells Fargo & Company

Intel (NASDAQ:INTC) had its price target cut by equities research analysts at Wells Fargo & Company from $120.00 to $80.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has an “equal weight” rating on the chip maker’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 25.82% from the stock’s current price.

Several other brokerages have also recently issued reports on INTC. Zacks Research raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Monday. The Goldman Sachs Group reissued a “neutral” rating and set a $100.00 target price on shares of Intel in a research note on Friday. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Piper Sandler assumed coverage on shares of Intel in a report on Wednesday, September 9th. They set a “neutral” rating and a $110.00 target price for the company. Finally, Northland Securities set a $93.00 price target on shares of Intel in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $100.53.

Intel Price Performance

Shares of Intel stock traded down $28.49 during trading on Friday, hitting $63.58. The stock had a trading volume of 325,046,063 shares, compared to its average volume of 116,502,977. 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 firm has a market cap of $320.72 billion, a P/E ratio of -30.16, a PEG ratio of 10.14 and a beta of 2.22. The business has a fifty day moving average of $101.63 and a two-hundred day moving average of $86.25. Intel has a fifty-two week low of $32.89 and a fifty-two week high of $142.35.

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, topping analysts’ consensus estimates of $0.41 by $0.11. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The firm had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same period in the previous year, the company earned $0.23 earnings per share. Intel’s revenue was up 20.9% compared to the same quarter last year. On average, sell-side analysts expect that Intel will post 1.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

Several hedge funds have recently made changes to their positions in INTC. Southern Financial Group LLC lifted its position 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 worth $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC grew its position in Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after purchasing an additional 100 shares in the last quarter. TFR Capital LLC. grew its position in Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after purchasing an additional 100 shares in the last quarter. Walker Asset Management LLC grew its position in Intel by 1.9% during the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker’s stock valued at $653,000 after purchasing an additional 100 shares in the last quarter. Finally, Wynn Capital LLC increased its stake in Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after buying an additional 104 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted EPS of $0.52, above the $0.41 consensus estimate, while revenue increased 21% year over year to $16.5 billion. Intel Q3 earnings report
• Positive Sentiment: Data Center and AI revenue surged 78% to $7.3 billion, and Intel Foundry revenue rose 58% to $6.7 billion, suggesting meaningful demand for server chips and manufacturing services. Intel revenue and segment results
• Neutral Sentiment: Chief Executive Lip-Bu Tan said AI agents could eventually expand the server CPU market toward $200 billion, but investors remain focused on whether Intel can execute its foundry and manufacturing turnaround. Intel server CPU outlook
• Negative Sentiment: Fourth-quarter guidance was substantially below expectations: Intel forecast revenue of $15 billion to $16 billion and adjusted EPS of $0.25, versus Wall Street estimates of approximately $17.1 billion and $0.45. Intel weak guidance
• Negative Sentiment: Management said the PC slowdown arrived sooner and deeper than expected and could continue through at least the first half of 2027. Client computing revenue fell 5%, while rising memory prices are making PCs more expensive and weakening demand. Intel PC market warning
• Negative Sentiment: Supply constraints—including shortages of memory, wafers and substrates—are limiting Intel’s ability to meet AI-server demand while disrupting PC shipments. An Israel plant shutdown is expected to reduce revenue by about $300 million. Intel supply and plant disruption
• Negative Sentiment: Analysts broadly cut price targets and shifted toward neutral or hold ratings, citing weaker PC demand, lower margins, execution risks and the possibility that Intel will not generate free cash flow in 2027. Analyst target cuts

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.