Intel (NASDAQ:INTC) Price Target Raised to $42.00 at Northland Securities

Key Points

• Northland Securities raised Intel's price target from $28.00 to $42.00, indicating a potential upside of 41.64% from its previous close.
• Several analysts are adjusting their ratings and price targets for Intel, with a consensus rating of "Reduce" and a consensus target price of $25.23.
• Institutional investors own 64.53% of Intel's stock, with various hedge funds increasing their stakes significantly in the recent quarter.

Intel (NASDAQ:INTC - Get Free Report) had its price objective hoisted by stock analysts at Northland Securities from $28.00 to $42.00 in a research report issued on Friday,MarketScreener reports. Northland Securities' price target would suggest a potential upside of 41.64% from the company's previous close.

A number of other analysts have also issued reports on the stock. Wall Street Zen upgraded shares of Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. New Street Research upped their price target on shares of Intel from $23.00 to $32.00 in a research report on Friday. UBS Group raised their target price on shares of Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a research report on Friday. Mizuho upped their price objective on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Finally, Stifel Nicolaus increased their target price on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price of $25.23.

Intel Trading Up 0.2%

Shares of INTC opened at $29.65 on Friday. The company's fifty day moving average is $23.29 and its 200 day moving average is $22.02. Intel has a fifty-two week low of $17.67 and a fifty-two week high of $32.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The stock has a market capitalization of $129.79 billion, a PE ratio of -6.22 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (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 analysts' expectations 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 period in the previous year, the company earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts expect that Intel will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Intel

Hedge funds and other institutional investors have recently modified their holdings of the company. V. M. Manning & CO. Inc. bought a new stake in shares of Intel in the 2nd quarter valued at approximately $225,000. PVG Asset Management Corp bought a new position in Intel during the second quarter worth about $231,000. Total Investment Management Inc. bought a new position in Intel during the second quarter valued at approximately $94,000. Centaurus Financial Inc. lifted its position in shares of Intel by 47.5% in the 2nd quarter. Centaurus Financial Inc. now owns 66,683 shares of the chip maker's stock worth $1,494,000 after purchasing an additional 21,475 shares during the period. Finally, Orion Porfolio Solutions LLC raised its holdings in Intel by 7.8% in the second quarter. Orion Porfolio Solutions LLC now owns 113,898 shares of the chip maker's stock worth $2,551,000 after buying an additional 8,194 shares during the last quarter. 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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