New Street Research Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Key Points

• New Street Research raised Intel's price target from $23.00 to $32.00, indicating a potential upside of 7.92% based on the stock's previous close.
• Benchmark upgraded Intel's rating from "hold" to "buy," setting an ambitious price target of $43.00, while other analysts are more conservative with ratings ranging from "sell" to "hold."
• Intel's stock recently opened at $29.65, with an average rating of "Reduce" and a 52-week range reflecting significant volatility, showing a low of $17.67 and a high of $32.38.

Intel (NASDAQ:INTC - Get Free Report) had its target price raised by analysts at New Street Research from $23.00 to $32.00 in a report released on Friday,MarketScreener reports. New Street Research's price objective would indicate a potential upside of 11.27% from the company's current price.

INTC has been the topic of a number of other reports. UBS Group boosted their target price on shares of Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday. Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Roth Capital reaffirmed a "neutral" rating and issued a $30.00 target price on shares of Intel in a research report on Thursday. Barclays lifted their price target on shares of Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research report on Friday. Finally, Loop Capital started coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 price target for the company. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and six have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Reduce" and an average target price of $25.23.

Intel Trading Down 2.8%

Shares of NASDAQ:INTC traded down $0.82 during mid-day trading on Friday, reaching $28.76. 129,594,860 shares of the company's stock were exchanged, compared to its average volume of 94,533,784. The firm has a market capitalization of $125.88 billion, a price-to-earnings ratio of -6.03 and a beta of 1.23. The business's fifty day moving average price is $23.40 and its 200-day moving average price is $22.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel has a twelve month low of $17.67 and a twelve month high of $32.38.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTC. Verdence Capital Advisors LLC lifted its stake in Intel by 1.1% in the first quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock worth $1,037,000 after acquiring an additional 486 shares during the period. Independent Wealth Network Inc. increased its holdings in Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker's stock worth $222,000 after buying an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in shares of Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock worth $59,000 after purchasing an additional 491 shares during the period. HHM Wealth Advisors LLC grew its stake in shares of Intel by 6.3% during the 2nd quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker's stock worth $188,000 after purchasing an additional 497 shares during the period. Finally, one8zero8 LLC lifted its position in shares of Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock valued at $280,000 after buying an additional 500 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Company Profile

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.