Intel Corporation (NASDAQ:INTC - Get Free Report) shares dropped 3% on Thursday . The stock traded as low as $19.68 and last traded at $19.79. Approximately 69,258,461 shares traded hands during trading, a decline of 26% from the average daily volume of 93,211,258 shares. The stock had previously closed at $20.41.
Wall Street Analysts Forecast Growth
INTC has been the topic of several recent research reports. Morgan Stanley cut their target price on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Friday, April 25th. Wall Street Zen cut shares of Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. UBS Group increased their price objective on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Loop Capital assumed coverage on shares of Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective on the stock. Finally, Cfra Research raised shares of Intel to a "hold" rating in a research report on Friday, April 25th. Six equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, Intel presently has an average rating of "Hold" and an average target price of $22.17.
Check Out Our Latest Stock Analysis on Intel
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 fifty day simple moving average is $21.56 and its two-hundred day simple moving average is $21.51. The stock has a market capitalization of $86.63 billion, a PE ratio of -4.14 and a beta of 1.22.
Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly 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 analysts' expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%. The business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 earnings per share. As a group, sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current year.
Institutional Investors Weigh In On Intel
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Intel by 2.2% during the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock worth $8,570,537,000 after buying an additional 8,291,233 shares in the last quarter. Geode Capital Management LLC grew its holdings in Intel by 1.8% in the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker's stock valued at $2,174,854,000 after purchasing an additional 1,760,773 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Intel by 8.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock valued at $1,268,430,000 after purchasing an additional 4,793,927 shares during the period. Northern Trust Corp grew its holdings in Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after purchasing an additional 158,288 shares during the period. Finally, Invesco Ltd. grew its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after purchasing an additional 562,246 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.
About Intel
(
Get Free Report)
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.
Further Reading
Before you consider Intel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intel wasn't on the list.
While Intel currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
