Intel (NASDAQ:INTC) Raised to "Hold" at Erste Group Bank

Key Points

• Intel has been upgraded from a "sell" rating to a "hold" rating by Erste Group Bank in a recent research note.
• Citigroup has maintained a "sell" rating but raised its price objective for Intel shares from $24.00 to $29.00.
• Currently, the average market rating for Intel stock is "Reduce," with an average target price of $25.23.

Erste Group Bank upgraded shares of Intel (NASDAQ:INTC - Free Report) from a sell rating to a hold rating in a research report released on Monday, MarketBeat Ratings reports.

Other equities research analysts have also issued research reports about the company. Rosenblatt Securities reissued a "sell" rating and set a $14.00 price target on shares of Intel in a research note on Friday, July 25th. DZ Bank reissued a "sell" rating on shares of Intel in a research note on Friday. Stifel Nicolaus boosted their price target on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research note on Monday, July 21st. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. Finally, Roth Capital reaffirmed a "neutral" rating and issued a $30.00 target price on shares of Intel in a research note on Thursday. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and an average price target of $25.23.

Intel Stock Performance

INTC traded down $0.82 during trading on Monday, reaching $28.76. The company's stock had a trading volume of 129,594,860 shares, compared to its average volume of 94,533,784. Intel has a 52-week low of $17.67 and a 52-week high of $32.38. The company's fifty day moving average price is $23.40 and its 200-day moving average price is $22.08. The company has a market capitalization of $125.88 billion, a price-to-earnings ratio of -6.03 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities analysts forecast that Intel will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of INTC. Norges Bank acquired a new position in Intel in the 2nd quarter valued at $1,579,378,000. Nuveen LLC acquired a new position in Intel in the 1st quarter valued at $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in Intel in the 2nd quarter valued at $345,245,000. Price T Rowe Associates Inc. MD raised its holdings in Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock valued at $677,426,000 after acquiring an additional 14,901,457 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock valued at $426,009,000 after acquiring an additional 10,719,274 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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.