Intel (NASDAQ:INTC) Sets New 52-Week High - Still a Buy?

Intel Corporation (NASDAQ:INTC - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $110.48 and last traded at $108.1960, with a volume of 193723664 shares trading hands. The stock had previously closed at $95.78.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Apple foundry/customer talk — Reports that Apple has explored using Intel to produce device processors lifted hopes for a major new external customer and tangible foundry demand. Read More.
• Positive Sentiment: Terafab partnership/visibility — Coverage on Intel’s role with Elon Musk’s Terafab and other AI supply-chain wins reinforced the narrative Intel can capture new manufacturing/AI opportunities. Read More.
• Positive Sentiment: SambaNova/AI deal de‑risk — Regulatory clearance around Intel’s SambaNova-related investment removes an antitrust overhang and supports the company’s AI‑accelerator strategy. Read More.
• Positive Sentiment: Leadership hire — Hiring Alex Katouzian from Qualcomm to run Client/Physical AI signals experienced management to execute on PC/edge AI opportunities. Read More.
• Neutral Sentiment: AI sector tailwind and macro — A broader AI-driven rally (S&P/Nasdaq records) and heavy options activity in semiconductors amplified momentum but are market‑wide factors rather than Intel‑specific catalysts. Read More.
• Neutral Sentiment: Analyst coverage is mixed — Some firms raised targets on turnaround hopes while others kept conservative stances; these notes provide context but no single consensus boost. Read More.
• Negative Sentiment: Insider sale disclosed — An EVP sold ~40k shares (~$4M), which can be cited by traders as a signal to take profits or add short‑term selling pressure. Read More.
• Negative Sentiment: Valuation/momentum concerns — After a massive rally, several outlets warn the move may be overextended and that profit‑taking or a re‑rating risk remains; RBC’s neutral $80 target also implies downside from elevated levels. Read More. Read More.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on INTC. New Street Research boosted their price objective on Intel from $50.00 to $80.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Morgan Stanley boosted their price objective on Intel from $56.00 to $73.00 and gave the company an "equal weight" rating in a research note on Friday, April 24th. HSBC upgraded Intel from a "hold" rating to a "buy" rating and boosted their target price for the stock from $50.00 to $95.00 in a research report on Tuesday, April 21st. Tigress Financial boosted their target price on Intel from $66.00 to $118.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Finally, Freedom Capital upgraded Intel from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $74.47.

Intel Stock Performance

The company has a 50-day moving average of $55.90 and a 200 day moving average of $46.41. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $543.79 billion, a PE ratio of -174.51 and a beta of 2.18.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion during the quarter, compared to analysts' expectations of $12.32 billion. During the same period in the prior year, the business earned $0.13 EPS. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.05% of the company's stock.

Hedge Funds Weigh In On Intel

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares in the last quarter. State Street Corp boosted its holdings in Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after acquiring an additional 5,714,400 shares during the period. Capital World Investors boosted its holdings in Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Geode Capital Management LLC boosted its holdings in Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after acquiring an additional 3,124,798 shares during the period. Finally, Morgan Stanley boosted its holdings in Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel's core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel's product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.