Intel (NASDAQ:INTC) Trading Up 8.9% - What's Next?

Key Points

• Intel's stock surged 8.9% to $33.99 on Thursday, with trading volume increasing by 189% compared to the average daily volume.
• Analysts' ratings on Intel vary significantly, with two buy ratings, twenty-three hold ratings, and six sell ratings, and a consensus target price of $25.90.
• Intel reported negative earnings per share of $0.10 for the last quarter, missing expectations, while experiencing a year-over-year revenue increase of 0.5% to $12.86 billion.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares rose 8.9% on Thursday . The company traded as high as $34.25 and last traded at $33.99. Approximately 292,018,644 shares traded hands during trading, an increase of 189% from the average daily volume of 101,082,250 shares. The stock had previously closed at $31.22.

Analysts Set New Price Targets

INTC has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Citigroup reaffirmed a "sell" rating and issued a $29.00 price target (up from $24.00) on shares of Intel in a report on Friday, September 19th. UBS Group upped their price target on shares of Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a report on Friday, September 19th. JPMorgan Chase & Co. reaffirmed a "sell" rating and issued a $21.00 price target on shares of Intel in a report on Friday, September 19th. Finally, Sanford C. Bernstein reissued a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel has a consensus rating of "Reduce" and an average target price of $25.90.

Intel Price Performance

The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The company's fifty day moving average is $23.70 and its two-hundred day moving average is $22.19. The stock has a market cap of $148.77 billion, a price-to-earnings ratio of -7.13 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same quarter last year, the business posted $0.02 EPS. The firm's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Hedge Funds Weigh In On Intel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel during the 1st quarter worth $25,000. HFM Investment Advisors LLC purchased a new stake in shares of Intel during the 1st quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel during the 1st quarter worth $27,000. West Branch Capital LLC purchased a new stake in shares of Intel during the 2nd quarter worth $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Intel during the 2nd quarter worth $28,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

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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