Intel (NASDAQ:INTC) Stock Price Up 6.4% - Should You Buy?

Key Points

• Intel's stock price saw a significant increase of 6.4% on Wednesday, trading as high as $31.70 before closing at $31.22.
• Brokerages have issued varied target price upgrades for Intel, with Northland Securities raising theirs from $28.00 to $42.00, while Citigroup maintains a $29.00 target with a "sell" rating.
• The company reported a Q2 earnings miss with (0.10) EPS, yet its revenue of $12.86 billion surpassed analysts' expectations and showed a slight year-over-year growth.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares rose 6.4% on Wednesday . The stock traded as high as $31.70 and last traded at $31.22. Approximately 158,798,829 shares changed hands during trading, an increase of 59% from the average daily volume of 99,903,758 shares. The stock had previously closed at $29.34.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on INTC. Barclays raised their target price on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Friday, September 19th. Stifel Nicolaus raised their target price on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Northland Securities raised their target price on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. UBS Group raised their target price on Intel from $25.00 to $35.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. Finally, Citigroup reaffirmed a "sell" rating and issued a $29.00 target price (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have given a Sell rating to the company's stock. According to MarketBeat.com, Intel has an average rating of "Reduce" and a consensus target price of $25.23.

Intel Trading Up 6.4%

The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company has a fifty day moving average of $23.53 and a 200-day moving average of $22.13. The firm has a market capitalization of $136.65 billion, a PE ratio of -6.55 and a beta of 1.23.

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 (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 firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter in the prior year, the business posted $0.02 earnings per share. Intel's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Intel

Institutional investors have recently made changes to their positions in the business. Verdence Capital Advisors LLC increased its position in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock worth $1,037,000 after purchasing an additional 486 shares during the last quarter. Independent Wealth Network Inc. increased its position in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker's stock worth $222,000 after purchasing an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock worth $59,000 after purchasing an additional 491 shares during the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of Intel by 6.3% during the 2nd quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker's stock worth $188,000 after acquiring an additional 497 shares during the last quarter. Finally, one8zero8 LLC increased its holdings in shares of Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock worth $280,000 after acquiring an additional 500 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

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.

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