Intel (NASDAQ:INTC) Trading 2.7% Higher – Should You Buy?

Intel Corporation (NASDAQ:INTC)’s stock price rose 2.7% on Wednesday . The company traded as high as $37.24 and last traded at $36.81. Approximately 54,366,208 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 102,288,766 shares. The stock had previously closed at $35.83.

Wall Street Analyst Weigh In

INTC has been the topic of several recent analyst reports. Benchmark boosted their price objective on Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, October 24th. KeyCorp reissued a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. Morgan Stanley upped their price target on shares of Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, October 24th. Finally, HSBC lifted their price objective on shares of Intel from $24.00 to $26.00 in a research report on Friday, October 24th. Two 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Trading Up 2.7%

The company’s 50 day moving average price is $36.06 and its 200 day moving average price is $27.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market cap of $175.70 billion, a price-to-earnings ratio of 3,681.68 and a beta of 1.31.

Intel (NASDAQ:INTC) last issued 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 the consensus estimate of $13.10 billion. During the same period last year, the business earned ($0.46) EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Institutional Trading of Intel

A number of hedge funds have recently bought and sold shares of INTC. N.E.W. Advisory Services LLC bought a new stake in shares of Intel in the first quarter valued at about $25,000. HFM Investment Advisors LLC bought a new position in Intel in the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Intel during the first quarter worth $27,000. West Branch Capital LLC bought a new stake in Intel in the 2nd quarter valued at $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Intel in the 2nd quarter valued at $28,000. 64.53% of the stock is owned by institutional investors.

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.