Intel (NASDAQ:INTC) Stock Rating Raised to "Neutral" at JPMorgan Chase & Co.

Key Points

• JPMorgan upgraded Intel from “Underweight” to “Neutral” and set an $85 price target, implying roughly 5.4% downside from the referenced $89.85 share price. MarketBeat’s broader analyst consensus remains “Hold,” with an average target of $108.48.
• Intel reported stronger-than-expected quarterly results, including $0.42 EPS versus a $0.21 estimate and $16.13 billion in revenue, up 25.2% year over year. CEO Lip-Bu Tan also purchased nearly $10 million of Intel shares.
• Despite potential support from AI demand and Intel’s foundry strategy, the stock remains under pressure from execution concerns, competition and valuation risks; institutional investors own approximately 64.5% of the company.

Intel (NASDAQ:INTC - Get Free Report) was upgraded by stock analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research report issued on Monday, Marketbeat reports. The firm currently has a $85.00 target price on the chip maker's stock. JPMorgan Chase & Co.'s target price would indicate a potential downside of 5.40% from the stock's current price.

Several other equities analysts have also recently issued reports on the company. National Bank Financial set a $85.00 price target on Intel in a research report on Monday. UBS Group upgraded Intel from a "hold" rating to a "buy" rating in a report on Tuesday, September 8th. Zacks Research cut Intel from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st. DA Davidson lifted their target price on Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Cantor Fitzgerald lowered their target price on Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $108.48.

Intel Stock Performance

Intel stock opened at $89.85 on Monday. The firm has a 50 day simple moving average of $103.05 and a 200-day simple moving average of $101.74. 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 stock has a market capitalization of $453.20 billion, a PE ratio of -42.58, a price-to-earnings-growth ratio of 9.57 and a beta of 2.22. Intel has a 12-month low of $32.89 and a 12-month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter last year, the business earned ($0.10) earnings per share. The business's revenue for the quarter 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, equities research analysts expect that Intel 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 business's stock in a transaction dated 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 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.05% of the company's stock.

Institutional Investors Weigh In On Intel

A number of institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp raised its holdings in Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after buying an additional 2,528,657 shares during the period. Primecap Management Co. CA purchased a new stake in Intel during the second quarter valued at about $10,507,291,000. Bank of America Corp DE boosted its holdings in shares of Intel by 35.7% in 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 buying an additional 8,342,514 shares during the period. Legal & General Group Plc acquired a new position in shares of Intel in the second quarter worth about $4,096,110,000. Finally, Assenagon Asset Management S.A. increased its position in shares of Intel by 87.1% in the third quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker's stock worth $3,632,722,000 after acquiring an additional 14,063,302 shares in the last quarter. 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: JPMorgan upgraded Intel from Underweight to Neutral, saying the recent decline has created a more balanced risk/reward profile. The firm cited support from AI workloads and believes Intel’s correction may be nearing an end. Intel Stock Is Upgraded
• Positive Sentiment: Intel reportedly secured Tesla as a customer for its upcoming 14A foundry process. The agreement strengthens the case for Intel’s manufacturing turnaround and could improve confidence in its strategy to attract outside foundry customers. Progress in 18A production and planned factory investment also support the expansion narrative. Intel Lands a Major Customer for Its 14A Foundry Process
• Positive Sentiment: Intel is benefiting from a recovery across chip stocks after the Philadelphia Semiconductor Index suffered its longest losing streak since 2008. Investors are positioning ahead of major earnings reports, while analysts continue to point to strong AI infrastructure demand and sold-out semiconductor equipment capacity. Chip Stocks Bounce
• Neutral Sentiment: The upgrade is cautious rather than strongly bullish: JPMorgan’s new $85 price target remains below the referenced $89.85 share price. The brokerage’s view suggests the selloff has reduced downside risk, but meaningful upside still depends on execution, AI-related earnings and the foundry ramp. J.P. Morgan’s Take on Intel
• Negative Sentiment: Intel remains well below its June high after a roughly 14% weekly drop, reflecting concerns about semiconductor valuations, competition and execution. Reports that TSMC is targeting advanced packaging also highlight potential pressure on Intel’s foundry margins. TSMC Targets Intel’s Packaging Business

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.