Intel (NASDAQ:INTC) Trading Up 2% Following Analyst Upgrade

Key Points

• Intel's stock rose by 2% following an upgrade by Erste Group Bank from a sell rating to a hold rating, with shares trading at $29.34.
• New Street Research has increased its target price for Intel from $23.00 to $32.00, while other analysts maintain mixed ratings with a consensus target of $25.23.
• Despite reporting a quarterly EPS of (0.10), which missed expectations, Intel's revenue was $12.86 billion, exceeding analyst estimates.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) traded up 2% during mid-day trading on Tuesday after Erste Group Bank upgraded the stock from a sell rating to a hold rating. The company traded as high as $30.20 and last traded at $29.34. 125,801,576 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 99,680,969 shares. The stock had previously closed at $28.76.

A number of other research analysts have also recently commented on INTC. New Street Research increased their target price on shares of Intel from $23.00 to $32.00 in a report on Friday. Wall Street Zen raised Intel from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Roth Capital reaffirmed a "neutral" rating and issued a $30.00 price objective on shares of Intel in a research note on Thursday. JPMorgan Chase & Co. reissued a "sell" rating and set a $21.00 target price on shares of Intel in a research note on Friday. Finally, Stifel Nicolaus increased their price target on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and six have given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $25.23.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of INTC. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC acquired a new position in Intel during the 1st quarter worth $25,000. Vermillion Wealth Management Inc. bought a new position in Intel during the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel during the first quarter valued at $27,000. Finally, West Branch Capital LLC purchased a new stake in Intel in the 2nd quarter worth approximately $28,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Up 2.0%

The business's 50 day simple moving average is $23.40 and its 200-day simple moving average is $22.08. 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 has a market cap of $128.42 billion, a price-to-earnings ratio of -6.15 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

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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