Intel (NASDAQ:INTC) Given New $41.10 Price Target at Evercore ISI

Key Points

• Evercore ISI has raised Intel's price target from $23.00 to $41.10, suggesting a potential upside of 2.39% from the stock's previous close.
• Intel’s quarterly earnings revealed a 3.0% year-over-year revenue increase to $13.65 billion, beating analyst expectations of $13.10 billion.
• The current consensus rating for Intel stock is "Reduce," with two Buy ratings, twenty-three Hold ratings, and eight Sell ratings from different analysts.

Intel (NASDAQ:INTC - Get Free Report) had its price objective increased by stock analysts at Evercore ISI from $23.00 to $41.10 in a research note issued to investors on Friday,MarketScreener reports. Evercore ISI's price target indicates a potential upside of 2.39% from the stock's previous close.

Other research analysts have also issued reports about the stock. DZ Bank restated a "sell" rating on shares of Intel in a research note on Friday, September 19th. Loop Capital began coverage on Intel in a report on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Mizuho boosted their target price on Intel from $39.00 to $41.00 and gave the stock a "neutral" rating in a report on Friday. Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a report on Wednesday, October 8th. Finally, New Street Research upped their price target on shares of Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $32.54.

Intel Price Performance

NASDAQ:INTC opened at $40.14 on Friday. The company has a market cap of $175.70 billion, a P/E ratio of -8.47 and a beta of 1.33. Intel has a 52-week low of $17.67 and a 52-week high of $40.25. The stock's 50-day simple moving average is $30.10 and its 200 day simple moving average is $24.19. 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 (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the firm earned ($0.46) EPS. The business's quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts forecast that Intel will post -0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Intel

Large investors have recently modified their holdings of the business. Westbourne Investments Inc. boosted its stake in Intel by 319.4% in the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock valued at $1,622,000 after buying an additional 54,395 shares in the last quarter. Pacific Wealth Management acquired a new stake in shares of Intel in the 2nd quarter valued at approximately $1,593,000. First Bancorp Inc ME acquired a new stake in Intel in the second quarter valued at approximately $207,000. KLP Kapitalforvaltning AS boosted its position in Intel by 6.4% in the second quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock valued at $34,920,000 after buying an additional 93,900 shares in the last quarter. Finally, LBP AM SA boosted its position in Intel by 1.8% in the second quarter. LBP AM SA now owns 734,813 shares of the chip maker's stock valued at $16,460,000 after buying an additional 13,248 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

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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