Intel Corporation (NASDAQ:INTC – Get Free Report) was up 3.5% on Wednesday . The company traded as high as $125.20 and last traded at $121.10. Approximately 113,554,327 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 121,555,602 shares. The stock had previously closed at $117.05.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Trump’s comments that Apple agreed to work with Intel on U.S.-based chip design and production have been seen as a potential game-changing foundry win for Intel. Reuters: Trump says Apple to work with Intel to manufacture chips in US
- Positive Sentiment: Intel Foundry’s 18A-P process moved into risk production, signaling progress on its advanced manufacturing roadmap and improving investor confidence in its turnaround. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
- Positive Sentiment: Intel appointed Seok-Hee Lee to lead foundry packaging operations, a move aimed at accelerating development and manufacturing execution. Reuters: Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
- Neutral Sentiment: Commentary from Jim Cramer and other market watchers remained supportive of Intel’s long-term outlook, but these pieces mainly echoed the stock’s existing momentum rather than adding new fundamentals. Insider Monkey: 5 Stocks on Jim Cramer’s Radar Like SLB and Ford, and His Intel Pick
Analysts Set New Price Targets
A number of analysts recently issued reports on INTC shares. TD Cowen lifted their price objective on Intel from $60.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Melius Research set a $150.00 target price on Intel in a research report on Monday, May 18th. Cantor Fitzgerald raised their price target on Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Barclays raised their price target on Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, Northland Securities lowered Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.09.
Intel Stock Performance
The company has a fifty day simple moving average of $101.08 and a two-hundred day simple moving average of $64.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the company posted $0.13 EPS. The firm’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by company insiders.
Institutional Trading of Intel
Several large investors have recently modified their holdings of INTC. Western Wealth Management LLC raised its holdings in Intel by 57.7% in the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock worth $937,000 after acquiring an additional 7,764 shares during the period. Southern Financial Group LLC boosted its holdings in Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after acquiring an additional 90 shares during the period. Militia Capital Management LLC acquired a new stake in shares of Intel in the first quarter valued at about $1,986,000. Parallel Advisors LLC grew its position in shares of Intel by 8.1% in the first quarter. Parallel Advisors LLC now owns 85,975 shares of the chip maker’s stock valued at $3,794,000 after purchasing an additional 6,434 shares during the last quarter. Finally, First Nebraska Trust Co bought a new position in shares of Intel in the first quarter worth about $3,238,000. 64.53% of the stock is owned by institutional investors.
Intel Company Profile
Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.
Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.
Read More
- Five stocks we like better than Intel
- Why Palantir’s Google Cloud Deal Could Change the Debate
- AI’s Power Problem Is Turning Nuclear Stocks Into a Bigger Market Story
- American Eagle’s Q1 Beat Leaves Investors With a Bigger Question
- VMware: Broadcom’s Second Biggest Business Set to Accelerate
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.
