Intel Stock Gets Stronger EPS Estimate from Erste Group Bank

Key Points

• Erste Group Bank raised Intel’s FY2026 EPS estimate to $1.08 from $1.07, above the $1.04 consensus forecast, and projects FY2027 EPS of $1.56.
• Intel’s latest quarterly results exceeded expectations, with EPS of $0.42 versus $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year.
• Despite strong results and CEO Lip-Bu Tan’s $10 million stock purchase, analyst sentiment remains cautious: Intel has a consensus “Hold” rating and a $109.06 average price target.

Intel Corporation (NASDAQ:INTC - Free Report) - Equities research analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of Intel in a report issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now forecasts that the chip maker will post earnings of $1.08 per share for the year, up from their prior forecast of $1.07. The consensus estimate for Intel's current full-year earnings is $1.04 per share. Erste Group Bank also issued estimates for Intel's FY2027 earnings at $1.56 EPS.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter last year, the company posted ($0.10) EPS. The business's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS.

A number of other equities research analysts also recently weighed in on INTC. Stifel Nicolaus lowered their price target on Intel from $120.00 to $110.00 and set a "hold" rating on the stock in a research report on Friday, July 24th. DA Davidson upped their price objective on Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. New Street Research upped their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Weiss Ratings upgraded Intel from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday. Finally, Daiwa Securities Group lowered Intel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Intel currently has a consensus rating of "Hold" and a consensus price target of $109.06.

Intel Stock Down 3.2%

Shares of NASDAQ:INTC opened at $101.35 on Tuesday. The firm has a market capitalization of $511.21 billion, a PE ratio of -48.03, a price-to-earnings-growth ratio of 11.17 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel has a 52-week low of $32.89 and a 52-week high of $142.35. The firm has a fifty day moving average of $103.40 and a 200 day moving average of $100.25.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. ABS Investment Management LLC purchased a new stake in Intel in the 2nd quarter worth $694,101,000. Montgomery Financial Services LLC purchased a new position in Intel during the 2nd quarter valued at approximately $26,000. Knuff & Co LLC purchased a new position in Intel during the 2nd quarter valued at approximately $29,000. Glynn Capital Management LLC purchased a new position in Intel during the 2nd quarter valued at approximately $29,000. Finally, Beaird Harris Wealth Management LLC increased its stake in Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after acquiring an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is expanding its AI product lineup with GPU D-series accelerators offering up to 480GB of memory and 1.3 petaflops of performance, alongside new Xeon 6+ rack systems designed for large-scale enterprise and agentic-AI workloads. Intel Accelerates Open Infrastructure for the Agentic AI Era
• Positive Sentiment: Intel’s foundry strategy remains a potential long-term catalyst: foundry revenue reportedly grew 31%, while the company is positioning itself to manufacture chips for outside customers. Investors are also watching whether its deeper partnership with Applied Materials can improve manufacturing execution. Intel and Applied Materials Just Deepened Their AI Partnership
• Positive Sentiment: Some analysts remain optimistic that AI-driven demand could lift Intel’s third-quarter results above consensus, supporting the turnaround narrative and current earnings estimates. Q3 Earnings Could Blow Past Consensus
• Neutral Sentiment: Elon Musk’s plans to develop custom chips for Tesla and SpaceX highlight both the strength of AI-chip demand and the growing threat from customers building in-house alternatives, potentially affecting established suppliers such as Intel. Elon Musk Just Handed Intel a New Problem
• Negative Sentiment: Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan warned that financing constraints and the need to prove returns on AI investments may become the industry’s biggest bottleneck. The comments triggered broader selling across chip stocks. Intel and Broadcom CEOs Warn Capital Crunch Could Become AI’s Biggest Bottleneck
• Negative Sentiment: Intel faces intensifying competition from Nvidia, AMD, Microsoft’s custom Maia chips and other specialized AI solutions. Nvidia’s advances in data-center power efficiency further reinforce concerns about Intel’s ability to gain AI market share. Intel Stock Slides as Nvidia Unveils AI Power Technology
• Negative Sentiment: Although Intel’s foundry sales are growing, the business reportedly posted a $2.1 billion operating loss, underscoring the substantial cost and execution risk of the foundry-first turnaround. Intel Stock Under Pressure as Turnaround Faces New Test

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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