Intel (NASDAQ:INTC) Stock Jumps 5.5% – Here’s Why

Posted by Brenda Bartman on Nov 9th, 2026

Intel Corporation (NASDAQ:INTC – Get Free Report)’s stock price traded up 5.5% during mid-day trading on Monday. The company traded as high as $60.03 and last traded at $59.37. 143,773,839 shares changed hands during trading, an increase of 21% from the average daily volume of 119,290,773 shares. The stock had previously closed at $56.28.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel is expanding into industrial AI through a collaboration with ZKH’s LingLong Intelligence. Their LingLong Insight 1.0 model combines Intel edge processors with industrial data for factory and warehouse applications, potentially widening Intel’s AI opportunities beyond data centers. Article: Why Is Intel Pushing Deeper Into Industrial AI With New Edge Tools?
Positive Sentiment: Chip shares found support as investors looked past a recent sector sell-off; Intel may also be benefiting relative to Nvidia amid negative headlines surrounding Nvidia’s CEO. These are broader market and competitive factors, not a change to Intel’s own fundamentals. Article: Chip Stocks Inch Higher as Investors Look Past Sell-Off
Neutral Sentiment: Recent commentary points to data-center growth as a potential element of Intel’s recovery, but emphasizes that execution and the company’s ability to convert growth into sustainable profits remain key uncertainties. Article: Intel Stock Has Gone Nowhere in 8 Years. Why This Time Could Be Different
Negative Sentiment: Analysts and recent coverage flag a weak fourth-quarter outlook and China-related headwinds. Intel’s steep decline over the past six months underscores investor concern that near-term challenges could outweigh foundry growth and AI investment. Article: INTC Stock Down 57% in the Past 6 Months
Negative Sentiment: Intel’s foundry business remains a potential drag, while its exposure to the PC market adds risk. Separately, political scrutiny of the U.S. government’s large Intel stake could add uncertainty around the company’s recovery. Article: AMD vs. Intel Following the Semiconductor Crash

Analysts Set New Price Targets

A number of brokerages have weighed in on INTC. Freedom Broker cut shares of Intel from a “buy” rating to a “hold” rating and dropped their price target for the company from $100.00 to $90.00 in a research report on Friday, October 30th. National Bank Financial set a $85.00 price target on Intel in a research report on Monday, October 19th. Roth Capital downgraded Intel from a “buy” rating to a “neutral” rating and cut their price objective for the company from $120.00 to $70.00 in a report on Friday, October 30th. Evercore reissued an “outperform” rating and set a $133.00 target price on shares of Intel in a research note on Friday, October 30th. Finally, Cantor Fitzgerald dropped their target price on Intel from $125.00 to $90.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Intel has an average rating of “Hold” and an average price target of $97.42.

Read Our Latest Analysis on INTC

Intel Price Performance

The stock’s 50 day moving average is $97.95 and its two-hundred day moving average is $86.60. The stock has a market capitalization of $315.55 billion, a PE ratio of -24.63, a price-to-earnings-growth ratio of 6.02 and a beta of 2.42. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.95.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The company had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. The company’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. As a group, sell-side analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intel news, CEO Lip Tan purchased 150,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was bought at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the acquisition, the chief executive officer directly owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. This represents a 11.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTC. Primecap Management Co. CA bought a new position in Intel in the second quarter worth about $10,507,291,000. Legal & General Group Plc bought a new stake in Intel during the 2nd quarter valued at approximately $4,096,110,000. Assenagon Asset Management S.A. boosted its position in Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after acquiring an additional 14,063,302 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Intel during the 2nd quarter worth approximately $1,848,438,000. Finally, Bank of America Corp DE raised its position in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after acquiring an additional 8,342,514 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.