Intel (NASDAQ:INTC) Downgraded to Market Perform Rating by Northland Securities

Key Points

• Northland Securities downgraded Intel from “outperform” to “market perform,” adding to a mixed analyst backdrop for the stock.
• Other firms have also adjusted their views recently, with several raising price targets while keeping neutral/hold ratings; overall, Intel now has a Hold consensus and an average target price of $81.52.
• Intel’s latest quarter beat estimates, posting $0.29 EPS on $13.58 billion in revenue, but the stock already trades well above its recent average levels and near the top of its 52-week range.

Intel (NASDAQ:INTC - Get Free Report) was downgraded by investment analysts at Northland Securities from an "outperform" rating to a "market perform" rating in a report released on Tuesday.

INTC has been the subject of several other research reports. DA Davidson raised their price target on shares of Intel from $45.00 to $77.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Stifel Nicolaus raised their price target on shares of Intel from $65.00 to $75.00 and gave the company a "hold" rating in a research note on Friday, April 24th. New Street Research raised their price target on shares of Intel from $50.00 to $80.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Intel from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Finally, Susquehanna raised their price target on shares of Intel from $65.00 to $80.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $81.52.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $119.84 on Tuesday. The company's 50 day moving average price is $75.94 and its two-hundred day moving average price is $54.13. Intel has a 12-month low of $18.97 and a 12-month high of $132.75. The firm has a market cap of $602.32 billion, a PE ratio of -193.29 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the firm posted $0.13 EPS. The firm's quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts predict that Intel will post 0.63 earnings per share for the current year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in INTC. Norges Bank bought a new position in shares of Intel during the fourth quarter valued at about $2,233,159,000. Capital World Investors raised its position in Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the period. Capital Research Global Investors raised its position in Intel by 285.9% in the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock worth $982,279,000 after acquiring an additional 19,722,010 shares during the period. Vanguard Group Inc. raised its position in Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the period. Finally, Morgan Stanley raised its position in Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. 64.53% of the stock is owned by institutional investors.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s strong Q1 results and guidance beat continue to support the bullish thesis, with the company showing better-than-expected demand and execution. Intel (INTC) Stock Soars 225% but Wall Street Remains Skeptical
• Positive Sentiment: Intel is benefiting from reports that it is urging PC makers to switch to its latest chips, which could improve margins if AI PC demand stays strong. Intel Urges PC Makers to Switch to Its Latest Chips Amid AI Demand
• Positive Sentiment: Chip stocks are rallying broadly in premarket trading, helping lift Intel alongside peers like Micron and Dell. Chip Stocks Surge in Premarket: Micron (MU), Intel (INTC), and Dell (DELL) Rally Tuesday
• Neutral Sentiment: Several analyst roundups mention Intel, but the tone is mixed, with Wall Street still cautious despite the stock’s sharp rebound. Here Are Tuesday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: One analyst note argues Intel and another AI chip name may be overextended near term, suggesting enthusiasm is not universal. Don’t Jump Into These 2 AI Chip Stocks Right Now, Says Top Analyst
• Negative Sentiment: Despite the rally, some investors remain skeptical because Intel’s share price has run far ahead of many analyst price targets, which could limit upside if execution slips. Intel (INTC) Stock Soars 225% but Wall Street Remains Skeptical
• Negative Sentiment: Nvidia’s strong results also raise competitive pressure on Intel and AMD, reminding investors that the AI chip market remains highly contested. Did Nvidia Just Say "Checkmate" to Intel and AMD?

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel's core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel's product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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