Intel (NASDAQ:INTC) Shares Gap Up - What's Next?

Key Points

• Intel shares gapped up from a previous close of $23.86 to open at $25.01, with the last traded price at $24.75 and a significant trading volume of over 93 million shares.
• The stock has received mixed ratings from analysts, with a consensus rating of "Hold" and an average price target of $22.17, reflecting lowered objectives by multiple firms.
• In its most recent earnings report, Intel reported a loss of ($0.10) EPS, missing expectations, though revenue rose to $12.86 billion, slightly above forecasts.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $23.86, but opened at $25.01. Intel shares last traded at $24.75, with a volume of 93,263,162 shares trading hands.

Analyst Ratings Changes

Several research analysts recently commented on INTC shares. Barclays reiterated a "reduce" rating on shares of Intel in a research note on Tuesday, April 22nd. Seaport Res Ptn upgraded Intel to a "strong sell" rating in a research note on Wednesday, April 30th. Morgan Stanley reduced their target price on Intel from $25.00 to $23.00 and set an "equal weight" rating on the stock in a report on Friday, April 25th. Wells Fargo & Company dropped their price target on Intel from $25.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Friday, April 25th. Finally, Wedbush dropped their target price on shares of Intel from $20.00 to $19.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Intel currently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Trading Up 7.0%

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 $110.78 billion, a price-to-earnings ratio of -5.31 and a beta of 1.22. The company's 50 day moving average is $21.94 and its 200 day moving average is $21.62.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly 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). 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 analyst estimates of $11.88 billion. During the same period last year, the company earned $0.02 EPS. The business's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Institutional Trading of Intel

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. XTX Topco Ltd bought a new stake in shares of Intel in the 4th quarter valued at about $490,000. Capital International Inc. CA boosted its stake in shares of Intel by 36.8% during the 4th quarter. Capital International Inc. CA now owns 155,345 shares of the chip maker's stock worth $3,115,000 after acquiring an additional 41,780 shares during the period. TD Waterhouse Canada Inc. raised its stake in Intel by 64.2% in the 4th quarter. TD Waterhouse Canada Inc. now owns 206,349 shares of the chip maker's stock valued at $4,139,000 after acquiring an additional 80,681 shares during the period. J. Safra Sarasin Holding AG lifted its holdings in Intel by 38.7% during the 4th quarter. J. Safra Sarasin Holding AG now owns 362,843 shares of the chip maker's stock valued at $7,275,000 after purchasing an additional 101,197 shares during the last quarter. Finally, SIH Partners LLLP bought a new position in Intel during the fourth quarter worth $1,653,000. Institutional investors and hedge funds own 64.53% of the company's stock.

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.