Intel (NASDAQ:INTC) Hits New 1-Year High - Here's Why

Key Points

• Intel's share price reached a new 52-week high of $33.70 during trading, closing at $32.94 after trading over 95 million shares.
• Analysts have mixed views on Intel, with ratings ranging from "sell" to "buy," the average price target being $25.90, and noteworthy revisions from various firms including JPMorgan and Benchmark.
• Despite a slight year-over-year increase in revenue to $12.86 billion, Intel reported a (0.10) EPS, missing expectations and continuing to demonstrate negative margins.

Intel Corporation (NASDAQ:INTC - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $33.70 and last traded at $32.94, with a volume of 95897600 shares. The stock had previously closed at $31.22.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reaffirmed a "sell" rating and issued a $21.00 target price on shares of Intel in a report on Friday, September 19th. Mizuho raised their price target on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a report on Thursday, July 3rd. Benchmark raised Intel from a "hold" rating to a "buy" rating and set a $43.00 price target on the stock in a report on Friday, September 19th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a report on Friday, July 25th. Finally, Citigroup reissued a "sell" rating and set a $29.00 price target (up from $24.00) on shares of Intel in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $25.90.

Intel Stock Performance

The business has a 50-day moving average price of $23.70 and a 200-day moving average price of $22.19. The firm has a market capitalization of $146.08 billion, a price-to-earnings ratio of -7.00 and a beta of 1.23. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

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

Institutional Investors Weigh In On Intel

Several hedge funds have recently added to or reduced their stakes in INTC. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel during the 1st quarter worth about $25,000. HFM Investment Advisors LLC purchased a new stake in shares of Intel in the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Intel during the 1st quarter worth approximately $27,000. West Branch Capital LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in Intel in the 2nd quarter valued at approximately $28,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

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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