Intel (NASDAQ:INTC) Shares Up 1.1% – What’s Next?

Posted by Brenda Bartman on May 24th, 2026

Intel Corporation (NASDAQ:INTC – Get Free Report)’s stock price shot up 1.1% on Friday . The company traded as high as $122.78 and last traded at $119.84. 81,943,555 shares were traded during trading, a decline of 32% from the average session volume of 120,153,305 shares. The stock had previously closed at $118.50.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Analysts Set New Price Targets

A number of research firms have weighed in on INTC. Northland Securities upped their price target on Intel from $54.00 to $92.00 and gave the stock an “outperform” rating in a research report on Monday, April 13th. Melius Research set a $150.00 price objective on Intel in a report on Monday, May 18th. Bank of America increased their price objective on Intel from $48.00 to $56.00 and gave the company an “underperform” rating in a report on Friday, April 24th. New Street Research increased their price objective on Intel from $50.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group increased their price objective on Intel from $60.00 to $80.00 and gave the company a “hold” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Intel presently has an average rating of “Hold” and an average target price of $81.52.

View Our Latest Analysis on INTC

Intel Trading Up 1.1%

The company has a market cap of $602.32 billion, a price-to-earnings ratio of -193.29 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a fifty day moving average price of $74.44 and a 200 day moving average price of $53.45.

Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS 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 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 firm posted $0.13 EPS. The firm’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. As a group, equities analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction 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 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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

A number of large investors have recently added to or reduced their stakes in the business. Summitry LLC bought a new stake in Intel in the 1st quarter valued at $308,000. Wellington Grp LLC raised its stake in Intel by 20.2% in the 1st quarter. Wellington Grp LLC now owns 906 shares of the chip maker’s stock valued at $40,000 after acquiring an additional 152 shares during the period. Vestor Capital LLC bought a new stake in Intel in the 1st quarter valued at $9,441,000. Leigh Baldwin & CO. LLC bought a new stake in Intel in the 1st quarter valued at $210,000. Finally, E20 Capital Ltd raised its stake in Intel by 144.9% in the 1st quarter. E20 Capital Ltd now owns 2,251,449 shares of the chip maker’s stock valued at $99,356,000 after acquiring an additional 1,332,053 shares during the period. Institutional investors own 64.53% of the company’s stock.

About Intel

(Get Free Report)

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.