Intel (NASDAQ:INTC) Downgraded by Seaport Research Partners to "Neutral"

Key Points

• Seaport Research Partners downgraded Intel from “Buy” to “Neutral,” joining Bank of America, which also cut its rating and lowered its price target to $100. Intel’s consensus rating is now “Hold,” with an average target price of $104.01.
• Intel’s third-quarter results beat expectations, with adjusted EPS of $0.52 and revenue of $16.51 billion, up 20.9% year over year. However, the company’s fourth-quarter guidance was substantially below analyst forecasts, reflecting weaker PC demand and margin pressure.
• Intel’s turnaround still depends on executing its foundry expansion and converting strong AI and data-center demand into reliable supply, while manufacturing bottlenecks and other execution risks continue to weigh on investor sentiment.

Intel (NASDAQ:INTC - Get Free Report) was downgraded by investment analysts at Seaport Research Partners from a "buy" rating to a "neutral" rating in a research report issued on Friday, Briefing.com reports.

INTC has been the subject of a number of other research reports. Bank of America lowered shares of Intel from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $145.00 to $100.00 in a report on Friday. HSBC reissued a "buy" rating on shares of Intel in a report on Friday, July 24th. Truist Financial upped their price target on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. National Bank Financial set a $85.00 price target on shares of Intel in a research note on Monday, October 19th. Finally, Wells Fargo & Company lifted their price target on shares of Intel from $110.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $104.01.

Intel Trading Down 3.6%

Shares of INTC stock opened at $92.07 on Friday. Intel has a twelve month low of $32.89 and a twelve month high of $142.35. The stock's fifty day simple moving average is $101.63 and its 200 day simple moving average is $86.25. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $464.40 billion, a P/E ratio of -43.63, a P/E/G ratio of 10.14 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same period last year, the firm posted $0.23 earnings per share. The business's revenue for the quarter was up 20.9% on a year-over-year basis. As a group, sell-side analysts predict that Intel will post 1.05 EPS for the current fiscal year.

Insider Activity

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Institutional Trading of Intel

Several institutional investors and hedge funds have recently modified their holdings of the stock. Southern Financial Group LLC lifted its position in shares of Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock worth $632,000 after buying an additional 90 shares in the last quarter. Harrell Investment Partners LLC boosted its stake in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after buying an additional 100 shares during the last quarter. TFR Capital LLC. grew its holdings in shares of Intel by 0.4% in the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock valued at $3,720,000 after acquiring an additional 100 shares in the last quarter. Walker Asset Management LLC boosted its position in Intel by 1.9% in the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker's stock worth $653,000 after purchasing an additional 100 shares during the last quarter. Finally, Wynn Capital LLC grew its stake in Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after purchasing an additional 104 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

More Intel News

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

Intel Company Profile

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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