Intel (NASDAQ:INTC) Trading 2.2% Higher - Here's What Happened

Key Points

• Intel shares rose by 2.2% to $25.34, with trading volume down 30% from average levels.
• Analysts issued mixed ratings, with one Buy, twenty-three Hold, and five Sell ratings, and a consensus target price of $22.17.
• The company's recent earnings report revealed a loss of $0.10 per share, significantly missing estimates, despite a revenue increase of 0.5% compared to the previous year.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) were up 2.2% during mid-day trading on Monday . The company traded as high as $25.88 and last traded at $25.34. Approximately 69,784,997 shares traded hands during trading, a decline of 30% from the average daily volume of 99,086,125 shares. The stock had previously closed at $24.80.

Analyst Ratings Changes

Several equities analysts have commented on the company. Rosenblatt Securities reiterated a "sell" rating and issued a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Wall Street Zen downgraded Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. JPMorgan Chase & Co. raised their target price on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. Finally, Mizuho lifted their target price on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. One analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Price Performance

The stock has a market cap of $109.29 billion, a P/E ratio of -5.24 and a beta of 1.22. The business has a 50 day simple moving average of $22.15 and a 200-day simple moving average of $21.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

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 for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Institutional Trading of Intel

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Freestone Grove Partners LP purchased a new position in shares of Intel during the 4th quarter valued at $62,654,000. Toronto Dominion Bank boosted its position in shares of Intel by 286.8% during the 4th quarter. Toronto Dominion Bank now owns 10,529,354 shares of the chip maker's stock valued at $211,114,000 after acquiring an additional 7,806,882 shares during the last quarter. 180 Wealth Advisors LLC increased its position in shares of Intel by 124.9% in the first quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock worth $2,905,000 after purchasing an additional 71,049 shares during the last quarter. Alteri Wealth LLC bought a new position in shares of Intel in the fourth quarter worth approximately $2,379,000. Finally, Gordian Capital Singapore Pte Ltd raised its stake in Intel by 120.7% in the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 64,000 shares of the chip maker's stock valued at $1,282,000 after purchasing an additional 35,000 shares in the last quarter. 64.53% of the stock is currently 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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