Intel (NASDAQ:INTC) Stock Price Target Cut by JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Intel’s price target from $85 to $80 while maintaining a neutral rating, implying about 21.65% upside from the reported $65.76 share price.
• Analyst sentiment remains cautious: Intel has an average “Hold” rating and a consensus price target of $97.86, while several firms recently cut targets or downgraded the stock.
• Intel exceeded third-quarter earnings expectations, but weak fourth-quarter guidance, persistent PC-market challenges, supply constraints and higher investment needs are weighing on its turnaround outlook.

Intel (NASDAQ:INTC - Get Free Report) had its price target dropped by analysts at JPMorgan Chase & Co. from $85.00 to $80.00 in a research note issued on Friday, Benzinga reports. The firm presently has a "neutral" rating on the chip maker's stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 21.65% from the stock's current price.

A number of other analysts also recently commented on the stock. Royal Bank Of Canada restated a "sector perform" rating and set a $100.00 price target on shares of Intel in a research report on Sunday. Stifel Nicolaus set a $90.00 price objective on shares of Intel in a report on Friday. TD Cowen lowered their price objective on shares of Intel from $95.00 to $75.00 and set a "hold" rating on the stock in a research note on Friday. UBS Group downgraded Intel from a "buy" rating to a "hold" rating and set a $90.00 target price for the company. in a research report on Friday. Finally, Cantor Fitzgerald decreased their price target on Intel from $125.00 to $90.00 and set a "neutral" rating for the company in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel currently has an average rating of "Hold" and a consensus price target of $97.86.

Intel Stock Performance

Shares of NASDAQ INTC traded down $26.31 during midday trading on Friday, hitting $65.76. 453,680,816 shares of the company's stock were exchanged, compared to its average volume of 117,170,555. Intel has a twelve month low of $32.89 and a twelve month high of $142.35. 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 firm has a market cap of $331.69 billion, a P/E ratio of -31.17, a PEG ratio of 10.14 and a beta of 2.22. The stock's 50 day moving average price is $101.10 and its 200-day moving average price is $86.36.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion during the quarter, compared to analyst estimates of $16.56 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The firm's quarterly revenue was up 20.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS. Equities research analysts anticipate that Intel will post 1.05 EPS for the current year.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Southern Financial Group LLC grew its stake in Intel by 0.6% in 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 last quarter. Harrell Investment Partners LLC raised its holdings in 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 acquiring an additional 100 shares during the period. TFR Capital LLC. lifted its position in Intel by 0.4% during 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 last quarter. Walker Asset Management LLC boosted its holdings in Intel by 1.9% during the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker's stock valued at $653,000 after acquiring an additional 100 shares during the period. Finally, Wynn Capital LLC boosted its holdings in Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after acquiring an additional 104 shares during the period. Hedge funds and other institutional investors own 64.53% of the company's stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

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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