Intel (NASDAQ:INTC) Stock Price Up 3.8% - Here's What Happened

Key Points

• Intel's stock rose by 3.8% to $37.30, with trading volume up 44% from its average, reflecting increasing investor interest.
• Analysts have varied opinions on Intel, with price targets ranging from $21 to $30 and a consensus rating of "Reduce" based on 24 holds, 5 sells, and 2 buys.
• Intel reported a quarterly revenue of $12.86 billion but missed EPS estimates, indicating ongoing challenges despite a slight year-over-year revenue increase.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) rose 3.8% during mid-day trading on Thursday . The company traded as high as $37.57 and last traded at $37.30. Approximately 148,251,243 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 102,977,148 shares. The stock had previously closed at $35.94.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Stifel Nicolaus raised their price objective on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Citigroup restated a "sell" rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Sanford C. Bernstein restated a "neutral" rating on shares of Intel in a research note on Thursday. Barclays raised their price objective on Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research note on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $26.19.

Intel Trading Up 3.8%

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 business has a fifty day simple moving average of $24.85 and a 200 day simple moving average of $22.64. The company has a market cap of $163.26 billion, a P/E ratio of -7.82 and a beta of 1.33.

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). The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Institutional Trading of Intel

Several hedge funds have recently added to or reduced their stakes in INTC. N.E.W. Advisory Services LLC bought a new stake in Intel during the 1st quarter valued at $25,000. HFM Investment Advisors LLC bought a new stake in Intel during the 1st quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the 1st quarter valued at $27,000. West Branch Capital LLC bought a new stake in Intel during the 2nd quarter valued at $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Intel during the 2nd quarter valued at $28,000. Institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.