Intel (NASDAQ:INTC) Price Target Raised to $40.00 at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald raised Intel's price target from $36.00 to $40.00, indicating a potential upside of 5.06% from its previous closing price.
• Market analysts have varied opinions on Intel, with two upgrades to Buy ratings and twenty-three Hold ratings, while the overall consensus rating is "Reduce."
• Intel reported mixed earnings with a loss per share of ($0.10), missing estimates, but revenue increased to $12.86 billion compared to the previous year.

Intel (NASDAQ:INTC - Get Free Report) had its price objective lifted by equities researchers at Cantor Fitzgerald from $36.00 to $40.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The firm presently has a "neutral" rating on the chip maker's stock. Cantor Fitzgerald's price objective indicates a potential upside of 5.06% from the stock's previous close.

A number of other research analysts have also issued reports on INTC. JPMorgan Chase & Co. restated a "sell" rating and set a $21.00 price target on shares of Intel in a research note on Friday, September 19th. DZ Bank reissued a "sell" rating on shares of Intel in a research report on Friday, September 19th. Benchmark upgraded Intel from a "hold" rating to a "buy" rating and set a $43.00 target price for the company in a research note on Friday, September 19th. Roth Capital reiterated a "neutral" rating and set a $30.00 price target on shares of Intel in a research note on Thursday, September 18th. Finally, Susquehanna raised their price objective on Intel from $22.00 to $31.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $29.22.

Intel Trading Up 2.9%

INTC opened at $38.07 on Monday. 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 firm has a market cap of $166.65 billion, a price-to-earnings ratio of -7.97 and a beta of 1.33. Intel has a 12 month low of $17.67 and a 12 month high of $39.65. The stock has a fifty day moving average price of $28.85 and a 200-day moving average price of $23.74.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts anticipate that Intel will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of INTC. Fortitude Family Office LLC grew its position in shares of Intel by 25.1% during the 3rd quarter. Fortitude Family Office LLC now owns 6,073 shares of the chip maker's stock valued at $204,000 after acquiring an additional 1,218 shares during the period. Nixon Peabody Trust Co. purchased a new stake in shares of Intel in the third quarter valued at approximately $218,000. 1900 Wealth Management LLC acquired a new position in shares of Intel during the 3rd quarter worth approximately $307,000. Lakeshore Capital Group Inc. lifted its position in shares of Intel by 1.4% during the 3rd quarter. Lakeshore Capital Group Inc. now owns 20,906 shares of the chip maker's stock valued at $701,000 after buying an additional 279 shares in the last quarter. Finally, FLC Capital Advisors grew its stake in Intel by 5.7% in the 3rd quarter. FLC Capital Advisors now owns 12,927 shares of the chip maker's stock valued at $434,000 after acquiring an additional 700 shares during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.