Intel Stock Earnings Estimates Cut by Northland Securities

Key Points

• Northland Securities cut its FY2026 EPS estimate for Intel to $1.08 from $1.43, roughly in line with the $1.07 consensus. It forecast FY2027 EPS of $1.13.
• Intel reported quarterly EPS of $0.52, beating the $0.41 consensus, while revenue of $16.51 billion came in slightly below estimates but rose 20.9% year over year.
• Analyst views remain mixed: the consensus rating is Hold, with an average price target of $97.42; recent firms cut price targets amid concerns about Intel’s outlook and investment needs.

Intel Corporation (NASDAQ:INTC - Free Report) - Equities researchers at Northland Securities decreased their FY2026 EPS estimates for Intel in a report released on Friday, October 30th. Northland Securities analyst G. Richard now anticipates that the chip maker will post earnings of $1.08 per share for the year, down from their prior estimate of $1.43. The consensus estimate for Intel's current full-year earnings is $1.07 per share. Northland Securities also issued estimates for Intel's Q4 2026 earnings at $0.16 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.36 EPS and FY2027 earnings at $1.13 EPS.

INTC has been the topic of a number of other reports. Cantor Fitzgerald reduced their target price on shares of Intel from $125.00 to $90.00 and set a "neutral" rating on the stock in a research report on Friday, October 30th. TD Cowen dropped their price objective on Intel from $95.00 to $75.00 and set a "hold" rating on the stock in a research note on Friday, October 30th. HSBC restated a "buy" rating on shares of Intel in a report on Friday, July 24th. Weiss Ratings lowered Intel from a "hold (c-)" rating to a "sell (d)" rating in a research report on Friday, October 23rd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a research report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $97.42.

Intel Price Performance

Intel stock opened at $60.55 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86. The stock has a market cap of $321.82 billion, a price-to-earnings ratio of -25.12, a price-to-earnings-growth ratio of 6.25 and a beta of 2.42. The firm has a 50-day moving average of $99.97 and a two-hundred day moving average of $86.48. Intel has a 1 year low of $32.89 and a 1 year high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping the consensus estimate of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. 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 firm posted $0.23 EPS. The firm's revenue was up 20.9% compared to the same quarter last year.

Hedge Funds Weigh In On Intel

Institutional investors have recently bought and sold shares of the business. State Street Corp raised its stake in Intel by 1.2% during the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares during the period. Primecap Management Co. CA bought a new position in Intel in the second quarter worth about $10,507,291,000. Bank of America Corp DE boosted its stake in 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 valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the period. Legal & General Group Plc acquired a new position in Intel in the second quarter valued at approximately $4,096,110,000. Finally, Assenagon Asset Management S.A. boosted its stake in 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 valued at $3,632,722,000 after acquiring an additional 14,063,302 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, with a total value 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. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.05% of the company's stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s latest quarter included an EPS beat, while data-center sales rose 78% and the segment generated more operating profit than its client-computing business. Those results offer support from AI and server demand, though they have not eased concerns about the near-term outlook. Intel data-center sales article
• Neutral Sentiment: Intel’s foundry and advanced-packaging plans remain longer-term potential catalysts, but investors are weighing them against the capital required and the time needed to turn the business around. Intel market update
• Negative Sentiment: The main concern is a weak PC outlook. Intel has warned of a possible double-digit market decline in 2027, with higher memory and component costs weighing on demand; its near-term guidance has also been hurt by inventory reductions, supply constraints, and a factory disruption. PC demand and memory-cost article
• Negative Sentiment: A new analyst downgrade added pressure, while concerns about continued cash burn and heavy foundry investment make it harder for investors to look past the strong data-center figures. Intel shares and analyst downgrade

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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