Intel (NASDAQ:INTC) Given New $80.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo cut Intel’s price target from $120 to $80 while maintaining an “equal weight” rating, implying 25.82% upside from the reported $63.58 share price.
• Intel shares fell 30.9% in Friday trading despite beating quarterly EPS estimates and recording 20.9% year-over-year revenue growth; the company’s weak fourth-quarter guidance heightened investor concerns.
• Analysts remain cautious, with Intel holding an overall “Hold” rating and an average price target of $100.53 amid weaker PC demand, supply constraints and execution risks tied to its manufacturing turnaround.

Intel (NASDAQ:INTC - Get Free Report) had its price objective reduced by equities research analysts at Wells Fargo & Company from $120.00 to $80.00 in a research note issued on Friday, Benzinga reports. The firm presently has an "equal weight" rating on the chip maker's stock. Wells Fargo & Company's price target indicates a potential upside of 25.82% from the company's current price.

A number of other equities analysts also recently commented on INTC. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $100.00 price objective on shares of Intel in a report on Sunday. DA Davidson increased their target price on shares of Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. National Bank Financial set a $85.00 price target on shares of Intel in a research report on Monday, October 19th. Northland Securities set a $93.00 price target on shares of Intel in a report on Friday. Finally, KGI Securities raised shares of Intel from a "neutral" rating to an "outperform" rating and set a $95.00 price objective for the company in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Intel currently has an average rating of "Hold" and an average target price of $100.53.

Intel Stock Down 30.9%

Intel stock traded down $28.49 during midday trading on Friday, hitting $63.58. The stock had a trading volume of 325,046,063 shares, compared to its average volume of 116,502,977. The business has a fifty day moving average price of $101.63 and a 200 day moving average price of $86.25. Intel has a 12 month low of $32.89 and a 12 month high of $142.35. The stock has a market cap of $320.72 billion, a P/E ratio of -30.16, a P/E/G ratio of 10.14 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping 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 company had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same quarter last year, the business posted $0.23 EPS. Intel's quarterly revenue was up 20.9% compared to the same quarter last year. Research analysts predict that Intel will post 1.05 EPS for the current year.

Insider Activity at Intel

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

Institutional Trading of Intel

Hedge funds have recently bought and sold shares of the company. Southern Financial Group LLC increased its stake in Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after buying an additional 90 shares during the period. Harrell Investment Partners LLC raised its position in shares of Intel by 0.4% during 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 in the last quarter. TFR Capital LLC. lifted its stake in shares of Intel by 0.4% in the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after acquiring an additional 100 shares during the period. Walker Asset Management LLC lifted its stake in shares of Intel by 1.9% in the 3rd quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker's stock worth $653,000 after acquiring an additional 100 shares during the period. Finally, Wynn Capital LLC lifted its stake in shares of Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after acquiring an additional 104 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted EPS of $0.52, above the $0.41 consensus estimate, while revenue increased 21% year over year to $16.5 billion. Intel Q3 earnings report
• Positive Sentiment: Data Center and AI revenue surged 78% to $7.3 billion, and Intel Foundry revenue rose 58% to $6.7 billion, suggesting meaningful demand for server chips and manufacturing services. Intel revenue and segment results
• Neutral Sentiment: Chief Executive Lip-Bu Tan said AI agents could eventually expand the server CPU market toward $200 billion, but investors remain focused on whether Intel can execute its foundry and manufacturing turnaround. Intel server CPU outlook
• Negative Sentiment: Fourth-quarter guidance was substantially below expectations: Intel forecast revenue of $15 billion to $16 billion and adjusted EPS of $0.25, versus Wall Street estimates of approximately $17.1 billion and $0.45. Intel weak guidance
• Negative Sentiment: Management said the PC slowdown arrived sooner and deeper than expected and could continue through at least the first half of 2027. Client computing revenue fell 5%, while rising memory prices are making PCs more expensive and weakening demand. Intel PC market warning
• Negative Sentiment: Supply constraints—including shortages of memory, wafers and substrates—are limiting Intel’s ability to meet AI-server demand while disrupting PC shipments. An Israel plant shutdown is expected to reduce revenue by about $300 million. Intel supply and plant disruption
• Negative Sentiment: Analysts broadly cut price targets and shifted toward neutral or hold ratings, citing weaker PC demand, lower margins, execution risks and the possibility that Intel will not generate free cash flow in 2027. Analyst target cuts

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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