BNP Paribas Exane Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Key Points

• BNP Paribas Exane raised its price target for Intel (NASDAQ: INTC) from $19.00 to $30.00, indicating a potential downside of 25.26% from the stock's previous close despite maintaining an "underperform" rating.
• Intel's shares opened at $40.14 and reported a revenue increase of 3.0% year-over-year, surpassing analyst estimates with a total of $13.65 billion for the quarter.
• Analysts are divided on Intel's outlook, with ratings ranging from two buys, twenty-three holds, to eight sells, resulting in an average rating of "Reduce" and a target price of $32.54.

Intel (NASDAQ:INTC - Get Free Report) had its price objective lifted by analysts at BNP Paribas Exane from $19.00 to $30.00 in a report issued on Friday,MarketScreener reports. The firm presently has an "underperform" rating on the chip maker's stock. BNP Paribas Exane's price target would indicate a potential downside of 25.26% from the stock's previous close.

A number of other equities research analysts have also weighed in on INTC. Loop Capital assumed coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price objective for the company. Susquehanna lifted their target price on Intel from $31.00 to $35.00 and gave the stock a "neutral" rating in a research report on Friday. Northland Securities lifted their price objective on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Truist Financial lifted their price objective on shares of Intel from $21.00 to $39.00 and gave the stock a "hold" rating in a report on Friday. Finally, Wedbush lifted their price target on shares of Intel from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Wednesday. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $32.54.

Intel Stock Performance

Shares of INTC stock opened at $40.14 on Friday. The firm has a market capitalization of $175.70 billion, a price-to-earnings ratio of -8.47 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The company has a 50 day moving average price of $30.10 and a 200 day moving average price of $24.19. Intel has a one year low of $17.67 and a one year high of $40.25.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Sell-side analysts anticipate that Intel will post -0.11 EPS for the current year.

Institutional Investors Weigh In On Intel

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker's stock worth $8,644,244,000 after buying an additional 8,513,298 shares in the last quarter. State Street Corp raised its position in shares of Intel by 1.6% in the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker's stock valued at $4,561,035,000 after purchasing an additional 3,168,824 shares during the period. Geode Capital Management LLC raised its holdings in Intel by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker's stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the period. Primecap Management Co. CA increased its stake in shares of Intel by 4.3% in the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker's stock worth $1,798,679,000 after purchasing an additional 3,313,890 shares during the period. Finally, Norges Bank bought a new position in Intel during the second quarter worth $1,579,378,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

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.

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