Erste Group Bank Issues Negative Outlook for Intel Earnings

Posted by Stanley Muller on Jul 21st, 2026

Intel Corporation (NASDAQ:INTC – Free Report) – Equities researchers at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for Intel in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the chip maker will post earnings per share of $0.67 for the year, down from their previous forecast of $0.68. The consensus estimate for Intel’s current full-year earnings is $0.65 per share.

Several other research analysts have also weighed in on the stock. Susquehanna upped their price objective on shares of Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday. Morgan Stanley lifted their target price on shares of Intel from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday. Sanford C. Bernstein restated a “market perform” rating and set a $100.00 price target on shares of Intel in a report on Wednesday, June 17th. Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Piper Sandler initiated coverage on Intel in a report on Thursday, June 11th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $102.77.

Check Out Our Latest Stock Report on Intel

Intel Price Performance

Shares of INTC opened at $97.06 on Monday. The business’s 50-day moving average is $117.14 and its 200-day moving average is $76.60. 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 $487.82 billion, a price-to-earnings ratio of -156.55 and a beta of 2.18. Intel has a fifty-two week low of $18.97 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating 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 firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the previous year, the firm earned $0.13 earnings per share. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Sivia Capital Partners LLC grew its stake in Intel by 271.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after buying an additional 25,001 shares during the last quarter. United Bank acquired a new position in Intel during the 2nd quarter worth $205,000. Gamco Investors INC. ET AL boosted its holdings in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after acquiring an additional 1,508 shares during the period. NewEdge Advisors LLC boosted its holdings in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after acquiring an additional 36,116 shares during the period. Finally, Sei Investments Co. grew its position in shares of Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Several reports say Intel could beat Q2 expectations, helped by stronger server demand, better pricing, and improving margin trends. Wedbush also highlighted upside from guidance and operational recovery. Intel positioned for earnings upside as Wedbush highlights server demand and margin recovery
Positive Sentiment: Intel is also getting a boost from signs of progress in its turnaround, including reports of new layoff plans, improved manufacturing execution, and ASML confirming Intel Foundry is using its lithography machines. INTC Stock Prepares for Liftoff as ASML Confirms ‘Intel Foundry Is Now Using Its Lithography Machines’
Positive Sentiment: Investors are also betting on a large earnings-driven move, with unusually heavy options volume indicating expectations for volatility and potentially meaningful upside if results impress. Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Neutral Sentiment: Wall Street expects Intel to report around $14.42 billion in revenue and roughly $0.21-$0.22 EPS, so the market is focused on whether the company can confirm that recent turnaround momentum is sustainable. Should You Add Intel Stock to Your Portfolio Ahead of Q2 Earnings?
Negative Sentiment: Despite the recent bounce, sentiment remains fragile after a sharp pullback from recent highs, and some analysts warn that the stock’s valuation leaves it exposed if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
Negative Sentiment: There are also technical and broader sector headwinds: bearish chart patterns, a weak semiconductor backdrop, and concern that the AI-driven chip rally may be losing momentum. Intel Stock Forms an Alarming Pattern as Earnings Loom

Intel Company Profile

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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.