Barclays Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Key Points

• Barclays has raised its price target for Intel (NASDAQ: INTC) from $19 to $25, maintaining an "equal weight" rating, but suggesting a potential downside of 16.87% from the current price.
• Other analysts such as Mizuho and New Street Research have also increased their price targets for Intel, showing a general consensus of around $23.59 among various firms.
• Despite recent positive adjustments in price targets, Intel's stock has trading challenges, indicated by a 1.6% drop in share price on the day of the report.

Intel (NASDAQ:INTC - Free Report) had its target price hoisted by Barclays from $19.00 to $25.00 in a research note issued to investors on Friday morning,Benzinga reports. Barclays currently has an equal weight rating on the chip maker's stock.

Several other research firms have also issued reports on INTC. Sanford C. Bernstein reiterated a "market perform" rating on shares of Intel in a report on Tuesday, August 19th. Roth Capital restated a "neutral" rating and issued a $30.00 price objective on shares of Intel in a report on Thursday. Citigroup reaffirmed a "sell" rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a research report on Friday. JPMorgan Chase & Co. lifted their price objective on shares of Intel from $20.00 to $21.00 and gave the company an "underweight" rating in a research note on Friday, July 25th. Finally, Needham & Company LLC restated a "hold" rating on shares of Intel in a research report on Friday, July 25th. Two research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, Intel has a consensus rating of "Reduce" and an average target price of $25.23.

Intel Price Performance

Shares of Intel stock traded down $0.66 during midday trading on Friday, hitting $28.92. 86,686,446 shares of the company were exchanged, compared to its average volume of 99,263,852. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The firm has a market cap of $126.57 billion, a P/E ratio of -6.07 and a beta of 1.23. Intel has a 52 week low of $17.67 and a 52 week high of $32.38. The firm has a 50 day simple moving average of $23.29 and a 200-day simple moving average of $22.02.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts forecast that Intel will post -0.11 earnings per share for the current year.

Institutional Investors Weigh In On Intel

A number of institutional investors and hedge funds have recently modified their holdings of INTC. V. M. Manning & CO. Inc. acquired a new stake in Intel during the second quarter valued at $225,000. PVG Asset Management Corp purchased a new position in Intel during the second quarter valued at $231,000. Total Investment Management Inc. purchased a new position in Intel during the second quarter valued at $94,000. Centaurus Financial Inc. lifted its holdings in Intel by 47.5% during the second quarter. Centaurus Financial Inc. now owns 66,683 shares of the chip maker's stock valued at $1,494,000 after purchasing an additional 21,475 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in Intel by 7.8% during the second quarter. Orion Porfolio Solutions LLC now owns 113,898 shares of the chip maker's stock valued at $2,551,000 after purchasing an additional 8,194 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.