Intel Corporation (NASDAQ:INTC – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $97.06, but opened at $103.19. Intel shares last traded at $102.0620, with a volume of 17,668,154 shares traded.
Key Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel is benefiting from a broad chip rebound as investors return to AI and semiconductor names after recent selling pressure.
- Positive Sentiment: RBC’s preview note pointed to a likely Q2 revenue beat, helping fuel buying ahead of earnings.
- Positive Sentiment: News of a Google Cloud AI deal expansion and Fortinet’s security-chip alliance adds credibility to Intel’s turnaround and foundry strategy.
- Positive Sentiment: Reports that Intel’s foundry secured its first named customer under CEO Lip-Bu Tan suggest progress in attracting external business.
- Neutral Sentiment: Traders are bracing for a big earnings-driven move, with options markets implying elevated volatility into Thursday’s report.
- Negative Sentiment: Fresh layoffs in Intel’s data center and AI group highlight ongoing restructuring pressure and raise questions about the pace of the turnaround.
- Negative Sentiment: Some analysts and commentators remain cautious, warning that the stock’s valuation and sentiment risk could limit upside even if results are solid.
Analyst Upgrades and Downgrades
Several brokerages have commented on INTC. HC Wainwright set a $150.00 price objective on Intel in a research report on Monday, June 29th. Wall Street Zen raised shares of Intel from a “hold” rating to a “buy” rating in a research report on Saturday. Tigress Financial upped their target price on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Cantor Fitzgerald raised their target price on shares of Intel from $90.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Finally, The Goldman Sachs Group initiated coverage on shares of Intel in a research note on Thursday, June 25th. They set a “neutral” rating and a $150.00 price target 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 issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $102.77.
Intel Stock Performance
The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The firm has a 50 day moving average price of $117.14 and a 200 day moving average price of $76.60. The stock has a market cap of $521.52 billion, a PE ratio of -167.86 and a beta of 2.18.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the firm earned $0.13 earnings per share. 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, research analysts forecast that Intel Corporation will post 0.65 earnings per share for the current year.
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 that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.05% of the company’s stock.
Institutional Trading of Intel
A number of hedge funds have recently bought and sold shares of INTC. Financially Speaking Inc boosted its position in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Intel during the 1st quarter worth $25,000. Legacy Bridge LLC purchased a new stake in shares of Intel during the 4th quarter worth $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the fourth quarter valued at about $29,000. Finally, Swiss RE Ltd. bought a new stake in Intel during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.
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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