Intel (NASDAQ:INTC) Trading Up 2.3% After Analyst Upgrade

Key Points

• Intel shares increased by 2.3% following an upgrade by Mizuho, which raised their price target from $23.00 to $39.00.
• The consensus rating for Intel is currently "Reduce", with the average target price at $27.60, as analyzed by several research firms.
• Recently, various institutional investors expanded their positions in Intel, with noteworthy increases, including a 709.7% Boost from Flputnam Investment Management Co.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares rose 2.3% during mid-day trading on Monday after Mizuho raised their price target on the stock from $23.00 to $39.00. Mizuho currently has a neutral rating on the stock. Intel traded as high as $37.51 and last traded at $37.22. Approximately 100,589,159 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 103,517,438 shares. The stock had previously closed at $36.37.

Several other research analysts have also commented on the stock. Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Erste Group Bank raised shares of Intel from a "sell" rating to a "hold" rating in a research note on Monday, September 22nd. Bank of America reissued an "underperform" rating and issued a $34.00 price objective on shares of Intel in a research note on Monday. Benchmark raised shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 target price on the stock in a report on Friday, September 19th. Finally, Cantor Fitzgerald raised their price objective on shares of Intel from $26.00 to $36.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $27.60.

Institutional Investors Weigh In On Intel

Several institutional investors have recently made changes to their positions in INTC. Trust Point Inc. purchased a new stake in shares of Intel in the 3rd quarter worth about $407,000. Wedge Capital Management L L P NC purchased a new stake in shares of Intel in the 3rd quarter worth about $311,000. Corsicana & Co. purchased a new stake in shares of Intel in the 3rd quarter worth about $138,000. Flputnam Investment Management Co. boosted its position in shares of Intel by 709.7% in the 3rd quarter. Flputnam Investment Management Co. now owns 166,134 shares of the chip maker's stock worth $5,574,000 after buying an additional 145,615 shares in the last quarter. Finally, Founders Capital Management LLC purchased a new stake in shares of Intel in the 3rd quarter worth about $283,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Up 2.3%

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 firm's 50-day moving average is $27.17 and its 200 day moving average is $23.24. The firm has a market capitalization of $162.91 billion, a PE ratio of -7.80 and a beta of 1.33.

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 the consensus estimate of $0.01 by ($0.11). The business had revenue of $12.86 billion during 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%.Intel's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal 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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