Zacks Research upgraded shares of Intel (NASDAQ:INTC – Free Report) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.
INTC has been the subject of several other reports. HSBC raised shares of Intel from a “hold” rating to a “buy” rating and boosted their price target for the stock from $50.00 to $95.00 in a research note on Tuesday, April 21st. KeyCorp upped their price objective on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Mizuho set a $135.00 target price on Intel in a research note on Sunday. Scotiabank started coverage on Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating for the company. Finally, BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $87.98.
Read Our Latest Analysis on Intel
Intel Price Performance
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period in the prior year, the business earned $0.13 EPS. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts anticipate that Intel will post 0.63 earnings per share for the current fiscal year.
Insider Activity
In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.05% of the company’s stock.
Institutional Trading of Intel
A number of hedge funds have recently modified their holdings of the business. Southern Financial Group LLC increased its stake in shares of Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares in the last quarter. Demars Financial Group LLC lifted its holdings in shares of Intel by 1.7% during the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after purchasing an additional 125 shares during the last quarter. Human Investing LLC boosted its position in shares of Intel by 0.9% in the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after purchasing an additional 126 shares in the last quarter. Raleigh Capital Management Inc. grew its stake in shares of Intel by 15.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after buying an additional 127 shares during the last quarter. Finally, Angeles Wealth Management LLC increased its position in Intel by 0.7% during the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after buying an additional 134 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.
Key Headlines Impacting Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Bank of America raised its price target on Intel to $160 from $135 and kept a Buy rating, citing improving fundamentals and strong AI demand that could support the semiconductor market’s long-term growth. Benzinga
- Positive Sentiment: Mizuho said Intel’s advanced packaging technology could help drive AI data center growth, lifting estimates and its target price as investors reassess Intel’s role in the AI infrastructure supply chain. Article
- Positive Sentiment: Intel has also been boosted by reports of a potential Apple chip partnership and recent analyst commentary that the company’s foundry turnaround and packaging capabilities could attract more outside customers. Article
- Neutral Sentiment: Several market commentary pieces highlighted that Intel’s recent rally may be getting extended, with some investors debating whether the stock has already priced in much of the comeback story. Article
- Negative Sentiment: Intel was also hit during a broader tech and AI selloff tied to weakness in semiconductors, memory-chip concerns, and a marketwide rotation out of high-valuation AI names. Article
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.
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