Intel (NASDAQ:INTC) Price Target Raised to $26.00

Key Points

• HSBC has raised Intel's price target from $24.00 to $26.00, indicating a potential downside of 35.23% from the stock's prior close.
• Other firms, including JPMorgan and Citigroup, have also increased their price targets, with JPMorgan now setting it at $30.00, despite maintaining an "underweight" rating.
• Intel reported a $0.23 EPS for its last quarter with revenues exceeding expectations at $13.65 billion, but still has a negative net margin of 38.64%.

Intel (NASDAQ:INTC - Get Free Report) had its price objective raised by stock analysts at HSBC from $24.00 to $26.00 in a research report issued on Friday,MarketScreener reports. HSBC's price objective indicates a potential downside of 35.23% from the stock's previous close.

Several other research firms have also recently weighed in on INTC. JPMorgan Chase & Co. boosted their target price on Intel from $21.00 to $30.00 and gave the stock an "underweight" rating in a research note on Friday. Citigroup restated a "sell" rating and set a $29.00 price target (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. TD Cowen upped their price objective on shares of Intel from $35.00 to $38.00 and gave the stock a "hold" rating in a research report on Friday. Benchmark increased their price target on shares of Intel from $43.00 to $50.00 and gave the stock a "buy" rating in a report on Friday. Finally, Susquehanna increased their price target on shares of Intel from $31.00 to $35.00 and gave the stock a "neutral" rating in a report on Friday. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $32.54.

Intel Price Performance

Shares of INTC opened at $40.14 on Friday. Intel has a 1-year low of $17.67 and a 1-year high of $40.25. The stock has a market cap of $175.70 billion, a PE ratio of -8.47 and a beta of 1.33. The firm has a 50-day simple moving average of $30.10 and a two-hundred day simple moving average of $24.19. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, analysts forecast that Intel will post -0.11 EPS for the current year.

Institutional Trading of Intel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FengHe Fund Management Pte. Ltd. purchased a new stake in Intel in the third quarter valued at approximately $39,062,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Intel by 2.8% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 835,855 shares of the chip maker's stock worth $28,043,000 after purchasing an additional 22,947 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Intel during the 3rd quarter worth $236,000. Farnam Financial LLC purchased a new stake in Intel during the 3rd quarter worth $2,349,000. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Intel by 32.7% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 500,212 shares of the chip maker's stock worth $16,782,000 after acquiring an additional 123,250 shares during the period. Hedge funds and other institutional investors 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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