Intel (NASDAQ:INTC) Trading 3.7% Higher – Time to Buy?

Intel Corporation (NASDAQ:INTC)’s stock price shot up 3.7% during trading on Monday . The stock traded as high as $36.16 and last traded at $35.79. 103,225,304 shares changed hands during trading, an increase of 1% from the average session volume of 102,642,438 shares. The stock had previously closed at $34.50.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Northland Securities upped their target price on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Bank of America reissued an “underperform” rating and issued a $34.00 price objective on shares of Intel in a research note on Monday, October 13th. Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. New Street Research upped their price target on Intel from $23.00 to $32.00 in a report on Friday, September 19th. Finally, Loop Capital raised their price objective on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel presently has a consensus rating of “Reduce” and a consensus price target of $34.84.

Intel Stock Performance

The company’s 50-day moving average is $35.85 and its two-hundred day moving average is $26.99. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The company has a market cap of $170.97 billion, a P/E ratio of 3,582.58 and a beta of 1.31.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $13.10 billion. During the same period last year, the business posted ($0.46) earnings per share. The business’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. Equities analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Intel

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTC. Norges Bank bought a new position in Intel in the 2nd quarter worth approximately $1,579,378,000. Nuveen LLC bought a new position in shares of Intel in the first quarter worth $538,430,000. Capital World Investors grew its position in shares of Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Intel in the second quarter valued at $345,245,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after purchasing an additional 14,901,457 shares during the period. Institutional investors own 64.53% of the company’s stock.

About Intel

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.