Intel Corporation (NASDAQ:INTC – Free Report) – Research analysts at Erste Group Bank boosted their FY2026 earnings estimates for Intel in a research report issued to clients and investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now anticipates that the chip maker will earn $0.67 per share for the year, up from their previous estimate of $0.64. The consensus estimate for Intel’s current full-year earnings is $0.63 per share. Erste Group Bank also issued estimates for Intel’s FY2027 earnings at $1.08 EPS.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS.
Read Our Latest Stock Analysis on Intel
Intel Stock Performance
Shares of INTC opened at $115.93 on Friday. The firm has a 50-day moving average price of $66.25 and a 200 day moving average price of $50.43. The firm has a market capitalization of $582.66 billion, a PE ratio of -186.98 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel has a 52-week low of $18.97 and a 52-week high of $132.75.
Institutional Trading of Intel
A number of hedge funds have recently bought and sold shares of INTC. Norges Bank purchased a new stake in Intel during the fourth quarter valued at about $2,233,159,000. Capital World Investors lifted its stake in Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares in the last quarter. Capital Research Global Investors lifted its stake in Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were 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 directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.05% of the company’s stock.
Intel News Summary
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel was named the official compute partner of McLaren Racing, giving the company a high-profile brand partnership that reinforces its PC, data center, and performance-computing capabilities. Intel Named Official Compute Partner of McLaren Racing
- Positive Sentiment: Reports that Intel may have a preliminary Apple chip deal added to the bullish narrative, suggesting potential validation of Intel’s manufacturing/foundry ambitions and possible future revenue upside. Intel Soars on Preliminary Apple Chip Deal Reports: More Room to Run?
- Positive Sentiment: Several commentary pieces highlighted Intel as a beneficiary of the AI infrastructure buildout and the broader semiconductor rally, with investors focusing on long-term upside from AI manufacturing demand and new partnerships. It’s Not Just U.S. Stocks. A.I. and Oil Are Moving Global Markets, Too.
- Positive Sentiment: Intel also received support from bullish analyst commentary and price-target updates, which helped keep sentiment constructive after its strong earnings beat and revenue growth. Intel Stock (INTC) Draws Mixed Analyst Reactions as Deutsche Bank Sees Foundry Momentum
- Neutral Sentiment: Intel’s recent earnings were strong, with revenue and EPS beating expectations, but investors are still weighing whether that performance can be sustained as the company invests heavily in its foundry turnaround.
- Neutral Sentiment: Intel’s move into Formula One with McLaren is more of a visibility and marketing win than an immediate financial driver, but it adds to the perception that the company is repositioning itself around high-performance computing.
- Negative Sentiment: Some coverage warns that Intel has become overextended after its sharp rally, with profit-taking and concerns about intensifying competition from AMD and Arm weighing on the stock at times. Intel Stock Drops. It’s Losing Ground to AMD and Arm.
- Negative Sentiment: Other articles pointed to eroding server market share and competitive pressure in the AI/data center market, which could limit enthusiasm if Intel cannot translate its turnaround into share gains. Intel (INTC) Stock Slides as Q1 Server Market Share Continues to Erode
About Intel
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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