Intel (NASDAQ:INTC) Rating Increased to Hold at Seaport Res Ptn

Key Points

• Intel has been upgraded from a "strong sell" to a "hold" rating by Seaport Res Ptn, indicating a more positive outlook for the company's stock.
• Various analysts have adjusted their price targets for Intel, with UBS raising theirs from $25 to $35 and Cantor Fitzgerald increasing theirs from $26 to $36.
• The stock's current trading price is approximately $33.99, showing significant movement as it moves closer to its twelve-month high of $34.25.

Intel (NASDAQ:INTC - Get Free Report) was upgraded by equities researchers at Seaport Res Ptn from a "strong sell" rating to a "hold" rating in a research report issued on Wednesday,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Loop Capital initiated coverage on shares of Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 price objective on the stock. UBS Group increased their price target on shares of Intel from $25.00 to $35.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. DZ Bank restated a "sell" rating on shares of Intel in a research note on Friday, September 19th. Cantor Fitzgerald raised their target price on Intel from $26.00 to $36.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Finally, New Street Research upped their price target on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $25.90.

Intel Trading Up 8.9%

Shares of NASDAQ:INTC opened at $33.99 on Wednesday. The company has a 50 day moving average of $23.92 and a 200-day moving average of $22.29. The firm has a market cap of $148.77 billion, a P/E ratio of -7.13 and a beta of 1.23. Intel has a twelve month low of $17.67 and a twelve month high of $34.25. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Caldwell Trust Co bought a new position in shares of Intel during the 2nd quarter worth about $373,000. V. M. Manning & CO. Inc. acquired a new stake in shares of Intel during the 2nd quarter worth approximately $225,000. PVG Asset Management Corp acquired a new stake in shares of Intel during the 2nd quarter worth approximately $231,000. Total Investment Management Inc. acquired a new stake in shares of Intel during the 2nd quarter worth approximately $94,000. Finally, Centaurus Financial Inc. grew its holdings in Intel by 47.5% during the second quarter. Centaurus Financial Inc. now owns 66,683 shares of the chip maker's stock valued at $1,494,000 after purchasing an additional 21,475 shares during the period. 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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