Intel (NASDAQ:INTC) Trading 1.3% Higher - What's Next?

Key Points

• Intel shares increased by 1.3% to $24.31, but trading volume dropped significantly to 16.3 million shares, which is 83% less than its average.
• Analysts have a mixed view on Intel, with a range of price targets set; the average target is currently at $22.17, suggesting potential for volatility.
• In its latest quarterly earnings, Intel reported a $0.10 loss per share, missing estimates, but showed revenue growth of 0.5% compared to the same period last year.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares traded up 1.3% on Thursday . The company traded as high as $24.18 and last traded at $24.31. 16,317,265 shares traded hands during trading, a decline of 83% from the average session volume of 98,004,164 shares. The stock had previously closed at $24.00.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Intel in a research note on Wednesday, May 21st. They set a "hold" rating and a $23.00 price target on the stock. UBS Group lifted their price target on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. lifted their price target on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. Sanford C. Bernstein reiterated a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. Finally, Rosenblatt Securities reiterated a "sell" rating and set a $14.00 price target on shares of Intel in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Reduce" and an average target price of $22.17.

Intel Price Performance

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 company's 50 day moving average price is $22.67 and its 200 day moving average price is $21.89. The company has a market cap of $107.72 billion, a price-to-earnings ratio of -5.16 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the prior year, the firm earned $0.02 earnings per share. The business's quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. V. M. Manning & CO. Inc. bought a new position in shares of Intel in the second quarter valued at about $225,000. PVG Asset Management Corp bought a new position in shares of Intel in the second quarter valued at about $231,000. Total Investment Management Inc. bought a new stake in Intel during the 2nd quarter worth about $94,000. Centaurus Financial Inc. raised its holdings in Intel by 47.5% during the 2nd quarter. Centaurus Financial Inc. now owns 66,683 shares of the chip maker's stock worth $1,494,000 after purchasing an additional 21,475 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in Intel by 7.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 113,898 shares of the chip maker's stock worth $2,551,000 after purchasing an additional 8,194 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

About Intel

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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