Intel (NASDAQ:INTC) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Intel from a buy to a hold rating, adding to a mixed analyst backdrop. Other firms have recently shifted views as well, and MarketBeat now shows Intel with an average Hold rating and an average target price of $81.52.
• Intel’s latest quarterly results beat expectations, with EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion above estimates. Revenue also rose 7.4% year over year, though the company still posted a negative net margin.
• Recent Intel-related news remains strategically positive, including a planned $3.3 billion substrate plant in India with 3DGS and continued momentum in advanced packaging as MediaTek says it supports Intel’s technology. These developments point to Intel’s push to strengthen its foundry and manufacturing footprint.

Intel (NASDAQ:INTC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

INTC has been the subject of several other research reports. Sanford C. Bernstein reaffirmed a "neutral" rating on shares of Intel in a report on Friday, April 24th. Raymond James Financial raised Intel from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 21st. Wells Fargo & Company lifted their price objective on Intel from $55.00 to $85.00 and gave the stock an "equal weight" rating in a report on Friday, April 24th. KGI Securities lowered Intel from an "outperform" rating to a "neutral" rating and set a $71.00 price objective for the company. in a report on Monday, April 20th. Finally, Jefferies Financial Group lifted their price objective on Intel from $60.00 to $80.00 and gave the stock a "hold" rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $81.52.

Intel Stock Performance

Shares of INTC opened at $114.68 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel has a one year low of $18.97 and a one year high of $132.75. The firm has a market capitalization of $576.38 billion, a P/E ratio of -184.96 and a beta of 2.18. The business has a fifty day moving average of $81.94 and a 200 day moving average of $56.32.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate 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 company had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the previous year, the company posted $0.13 earnings per share. Intel's revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts anticipate that Intel will post 0.63 EPS for the current year.

Insider Buying and Selling at Intel

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 owned 105,077 shares of the company's stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intel

A number of hedge funds have recently made changes to their positions in INTC. Norges Bank bought a new position in shares of Intel in the fourth quarter worth about $2,233,159,000. Capital World Investors boosted its stake in Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock valued at $2,902,180,000 after buying an additional 21,230,715 shares during the last quarter. Capital Research Global Investors boosted its stake in Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock valued at $982,279,000 after buying an additional 19,722,010 shares during the last quarter. Vanguard Group Inc. grew its holdings in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock valued at $14,926,873,000 after buying an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley grew 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 buying an additional 11,056,090 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies

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.