Intel (NASDAQ:INTC – Get Free Report) had its price target raised by stock analysts at Tigress Financial from $45.00 to $52.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the chip maker’s stock. Tigress Financial’s target price would suggest a potential upside of 37.62% from the stock’s current price.
Several other research firms have also recently commented on INTC. TD Cowen boosted their price objective on shares of Intel from $35.00 to $38.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Cowen reaffirmed a “hold” rating on shares of Intel in a research report on Friday, October 24th. Mizuho boosted their price target on Intel from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Citigroup restated a “sell” rating and issued a $29.00 price target (up from $24.00) on shares of Intel in a report on Friday, September 19th. Finally, Benchmark boosted their target price on Intel from $43.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $34.84.
View Our Latest Report on INTC
Intel Trading Down 4.3%
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the business posted ($0.46) EPS. Intel’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts predict that Intel will post -0.11 earnings per share for the current fiscal year.
Institutional Trading of Intel
Several institutional investors and hedge funds have recently added to or reduced their stakes in INTC. Lakeshore Capital Group Inc. raised its holdings in shares of Intel by 1.4% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 20,906 shares of the chip maker’s stock valued at $701,000 after purchasing an additional 279 shares during the period. WealthPlan Investment Management LLC raised its stake in Intel by 0.4% in the third quarter. WealthPlan Investment Management LLC now owns 71,772 shares of the chip maker’s stock valued at $2,408,000 after buying an additional 295 shares during the period. Investors Research Corp raised its stake in Intel by 0.7% in the third quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock valued at $1,362,000 after buying an additional 300 shares during the period. N.E.W. Advisory Services LLC raised its stake in Intel by 27.1% in the third quarter. N.E.W. Advisory Services LLC now owns 1,406 shares of the chip maker’s stock valued at $47,000 after buying an additional 300 shares during the period. Finally, First Interstate Bank raised its stake in Intel by 1.7% in the 3rd quarter. First Interstate Bank now owns 17,550 shares of the chip maker’s stock valued at $589,000 after acquiring an additional 300 shares during the period. 64.53% of the stock is owned by institutional investors.
Intel Company Profile
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
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