Intel (NASDAQ:INTC) Price Target Raised to $20.00

Key Points

• Wedbush has raised its price target for Intel from $19.00 to $20.00, maintaining a "neutral" rating, despite indicating a potential downside of 46.96% from the current price.
• The stock of Intel traded at $37.71 during mid-day trading, experiencing a significant drop of $0.41, with a 52-week low of $17.67 and a high of $39.65.
• Institutional investors currently hold 64.53% of Intel's stock, with several firms, including N.E.W. Advisory Services LLC and HFM Investment Advisors LLC, making new positions in the company.

Intel (NASDAQ:INTC - Get Free Report) had its price objective raised by research analysts at Wedbush from $19.00 to $20.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The firm presently has a "neutral" rating on the chip maker's stock. Wedbush's target price would indicate a potential downside of 46.96% from the company's current price.

Other equities research analysts also recently issued reports about the stock. Roth Capital restated a "neutral" rating and issued a $30.00 price target on shares of Intel in a research note on Thursday, September 18th. DZ Bank reiterated a "sell" rating on shares of Intel in a research report on Friday, September 19th. Erste Group Bank upgraded shares of Intel from a "sell" rating to a "hold" rating in a research report on Monday, September 22nd. Loop Capital initiated coverage on shares of Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Finally, Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $29.26.

Intel Price Performance

INTC stock traded down $0.41 during mid-day trading on Wednesday, hitting $37.71. The stock had a trading volume of 8,388,700 shares, compared to its average volume of 102,824,938. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel has a 52 week low of $17.67 and a 52 week high of $39.65. The firm has a market capitalization of $165.06 billion, a P/E ratio of -7.91 and a beta of 1.33. The firm has a fifty day simple moving average of $29.52 and a 200 day simple moving average of $23.97.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates 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 company 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 business posted $0.02 earnings per share. The company's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast that Intel will post -0.11 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. N.E.W. Advisory Services LLC acquired a new position in shares of Intel during the 1st quarter valued at $25,000. HFM Investment Advisors LLC acquired a new position in Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel during the first quarter worth $27,000. West Branch Capital LLC acquired a new position in Intel during the second quarter worth $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Intel during the second quarter worth $28,000. 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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