Intel (NASDAQ:INTC) Price Target Raised to $38.00 at TD Cowen

Key Points

• TD Cowen has raised Intel's price target from $35.00 to $38.00, maintaining a "hold" rating, indicating limited potential upside from its previous close.
• Intel's recent earnings report showed a profit of $0.23 EPS and revenue of $13.65 billion, surpassing analyst estimates, with a year-over-year revenue increase of 3.0%.
• Currently, Intel has an average rating of "Reduce" from research analysts, with 23 hold ratings, 7 sell ratings, and just 2 buy ratings.

Intel (NASDAQ:INTC - Get Free Report) had its price objective upped by equities research analysts at TD Cowen from $35.00 to $38.00 in a report released on Friday. The brokerage currently has a "hold" rating on the chip maker's stock. TD Cowen's price target would suggest a potential downside of 0.42% from the company's previous close.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings restated a "sell (d)" rating on shares of Intel in a report on Wednesday, October 8th. JPMorgan Chase & Co. restated a "sell" rating and issued a $21.00 target price on shares of Intel in a report on Friday, September 19th. Rosenblatt Securities boosted their target price on shares of Intel from $14.00 to $25.00 and gave the company a "sell" rating in a report on Friday. Wells Fargo & Company boosted their target price on shares of Intel from $22.00 to $30.00 and gave the company an "equal weight" rating in a report on Wednesday, October 15th. Finally, KeyCorp restated a "sector weight" rating on shares of Intel in a report on Monday. Two analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus price target of $30.18.

Intel Stock Performance

Shares of INTC opened at $38.16 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market cap of $167.03 billion, a P/E ratio of -8.00 and a beta of 1.33. The company has a 50-day moving average of $30.10 and a two-hundred day moving average of $24.19. Intel has a 12-month low of $17.67 and a 12-month high of $39.65.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share 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 company's revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts predict that Intel will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Westbourne Investments Inc. boosted its stake in shares of 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 purchasing an additional 54,395 shares during the period. Pacific Wealth Management acquired a new stake in Intel in the second quarter valued at $1,593,000. First Bancorp Inc ME acquired a new stake in Intel in the second quarter valued at $207,000. KLP Kapitalforvaltning AS raised its holdings 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 acquiring an additional 93,900 shares in the last quarter. Finally, LBP AM SA raised its holdings 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 acquiring an additional 13,248 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other 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.

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