Cantor Fitzgerald Issues Pessimistic Forecast for Intel (NASDAQ:INTC) Stock Price

Key Points

• Cantor Fitzgerald cut Intel’s price target from $125 to $90 and maintained a neutral rating, implying approximately 2.25% downside from the prior close.
• Analyst sentiment remains mixed: Intel’s consensus rating is “Hold” with an average price target of $104.01, while Bank of America also downgraded the stock and lowered its target to $100.
• Intel exceeded third-quarter EPS expectations and posted 21% year-over-year revenue growth, but its weak fourth-quarter outlook—$15 billion–$16 billion in revenue and about $0.25 adjusted EPS—raised concerns about slowing PC demand, margins and execution risks.

Intel (NASDAQ:INTC - Get Free Report) had its price target cut by analysts at Cantor Fitzgerald from $125.00 to $90.00 in a research report issued on Friday, Benzinga reports. The firm currently has a "neutral" rating on the chip maker's stock. Cantor Fitzgerald's price target indicates a potential downside of 2.25% from the company's previous close.

Several other brokerages have also commented on INTC. National Bank Financial set a $85.00 price target on shares of Intel in a research note on Monday, October 19th. Tigress Financial boosted their price objective on shares of Intel from $118.00 to $145.00 and gave the stock a "buy" rating in a research report on Tuesday, September 15th. Mizuho upped their target price on shares of Intel from $92.00 to $114.00 and gave the company a "neutral" rating in a report on Tuesday, October 6th. Bank of America downgraded shares of Intel from a "buy" rating to a "neutral" rating and dropped their target price for the company from $145.00 to $100.00 in a research report on Friday. Finally, Citigroup initiated coverage on shares of Intel in a research note on Monday, October 19th. They set an "outperform" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $104.01.

Intel Stock Performance

Shares of Intel stock opened at $92.07 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel has a one year low of $32.89 and a one year high of $142.35. The company has a market cap of $464.40 billion, a PE ratio of -43.63, a P/E/G ratio of 10.14 and a beta of 2.22. The business has a 50-day simple moving average of $101.63 and a 200-day simple moving average of $86.25.

Intel (NASDAQ:INTC - Get Free Report) last released 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 positive return on equity of 2.62% and a negative net margin of 19.79%. The business had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same quarter in the prior year, the business posted $0.23 EPS. The business's revenue for the quarter was up 20.9% on a year-over-year basis. On average, equities research analysts forecast that Intel will post 1.05 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently modified their holdings of the business. Primecap Management Co. CA purchased a new position in shares of Intel in the 2nd quarter valued at approximately $10,507,291,000. Legal & General Group Plc acquired a new position in shares of Intel in the second quarter valued at approximately $4,096,110,000. Assenagon Asset Management S.A. raised 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 worth $3,632,722,000 after buying an additional 14,063,302 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Intel during the second quarter worth about $1,848,438,000. Finally, Bank of America Corp DE increased its stake in shares of Intel by 35.7% during the second 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 during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted earnings of $0.52 per share, above the roughly $0.40–$0.41 consensus, while revenue rose 21% year over year to $16.5 billion. Data Center and AI revenue surged 78% to $7.3 billion, and Intel Foundry revenue increased 58%. Intel Q3 Revenue Rises 21% to $16.5 Billion
• Positive Sentiment: CEO Lip-Bu Tan said AI agents could expand the server CPU market toward $200 billion, offering a potential long-term growth opportunity despite current execution challenges. Intel Server CPU Market Outlook
• Neutral Sentiment: Intel’s turnaround remains dependent on converting strong AI and data-center demand into reliable supply, while its costly foundry expansion continues to require substantial investment. Intel PC Slowdown and Foundry Risks
• Negative Sentiment: Intel guided for fourth-quarter revenue of $15 billion to $16 billion and adjusted EPS of about $0.25, well below analyst expectations of approximately $17.3 billion in revenue and $0.45 EPS. The outlook also implies lower margins and earnings than in the third quarter. Intel Shares Tumble on Weak Guidance
• Negative Sentiment: Management said the PC slowdown arrived sooner and was deeper than expected and could persist through at least the first half of next year. Higher memory prices and constrained corporate laptop budgets are adding pressure to client-computing demand. Intel Blames PC Slowdown for Weak Guidance
• Negative Sentiment: A factory explosion in Israel and manufacturing bottlenecks are creating additional supply and execution risks. Analysts responded by cutting EPS estimates, downgrading Intel, and reducing price targets, with Bank of America lowering its target from $145 to $100. Analyst Cuts Intel Price Target
• Negative Sentiment: The disappointing forecast triggered broader semiconductor weakness, weighing on AMD, Dell, HP and other chip-related stocks as investors reassessed PC demand and the cost of AI infrastructure. Intel Results Pressure Technology Stocks

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.

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