Intel Corporation (NASDAQ:INTC – Get Free Report) was down 5.6% during trading on Monday . The stock traded as low as $94.52 and last traded at $97.19. 94,289,610 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 117,333,883 shares. The stock had previously closed at $102.94.
Intel News Roundup
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Potential SK hynix partnership supports Intel’s foundry strategy. Reuters reported that South Korea’s SK hynix is in exploratory discussions with Intel about leasing or partnering at Intel’s delayed Ohio facility to manufacture memory chips in the United States. A deal could provide external production volume, improve utilization of Intel’s manufacturing assets and strengthen the company’s foundry turnaround narrative. The discussions are preliminary, and any agreement could face regulatory review in South Korea. Reuters article on SK hynix talks with Intel
- Positive Sentiment: Analyst price-target increase adds momentum. Tigress Financial raised its Intel price target from $118 to $145 and maintained a “buy” rating, citing substantial potential upside. The bullish view reinforces investor expectations that Intel’s manufacturing and AI-related initiatives could drive a longer-term recovery. Benzinga article on Intel analyst action
- Positive Sentiment: Altera’s planned IPO may highlight the value of Intel’s remaining stake. Intel retains approximately 49% of Altera after selling control to Silver Lake. A reported IPO targeting roughly $2 billion could provide a market valuation for the FPGA business and potentially support Intel’s restructuring and capital position. TipRanks article on Altera IPO plans
- Neutral Sentiment: Investor focus remains on execution. The proposed SK hynix arrangement is not finalized, while Intel continues to face questions about whether it can attract enough outside customers to make its Ohio fabs economically viable. Intel’s stock has also rallied sharply over the past year, leaving less room for delays or disappointing financial results.
- Negative Sentiment: Valuation and competitive risks remain. Recent commentary notes that AMD and Nvidia are capturing important data-center and AI opportunities, while Intel is spending heavily to repair and expand its manufacturing operations. The company’s negative price-to-earnings ratio and high beta underscore the stock’s risk profile despite the current rally.
Analysts Set New Price Targets
INTC has been the topic of several recent analyst reports. Royal Bank Of Canada initiated coverage on shares of Intel in a report on Tuesday, September 8th. They set an “outperform” rating on the stock. Mizuho dropped their target price on shares of Intel from $109.00 to $92.00 and set a “neutral” rating for the company in a report on Friday, September 4th. HC Wainwright set a $150.00 price target on shares of Intel in a research note on Monday, June 29th. Jefferies Financial Group started coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Finally, TD Cowen upped their price objective on shares of Intel from $75.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $108.49.
Intel Stock Performance
The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $489.97 billion, a price-to-earnings ratio of -46.04, a PEG ratio of 10.37 and a beta of 2.22. The firm has a 50 day simple moving average of $97.10 and a 200-day simple moving average of $90.93.
Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) EPS. The company’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.
Insider Activity at Intel
In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.05% of the company’s stock.
Institutional Trading of Intel
A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTC. State Street Corp lifted its stake in Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares in the last quarter. Capital World Investors lifted its position in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after purchasing an additional 3,124,798 shares during the period. Primecap Management Co. CA acquired a new position in shares of Intel in the second quarter valued at approximately $10,507,291,000. Finally, Norges Bank purchased a new stake in Intel during the 4th quarter worth approximately $2,233,159,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.
Intel Company Profile
Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.
Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.
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