JPMorgan Chase & Co. Reaffirms "Sell" Rating for Intel (NASDAQ:INTC)

Key Points

• JPMorgan Chase & Co. has reaffirmed a "sell" rating for Intel, with a price target of $21.00, indicating a potential downside of 29.21% from its current price.
• Intel's stock performance showed a decline, trading down to $29.67 with a market capitalization of $129.84 billion and a price-to-earnings ratio of -6.21.
• Despite the "sell" ratings from several analysts, two analysts rated Intel as a Buy, with varying price targets indicating differing assessments of the company's potential.

Intel (NASDAQ:INTC - Get Free Report)'s stock had its "sell" rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Friday,MarketScreener Latest Ratings reports. They presently have a $21.00 price target on the chip maker's stock. JPMorgan Chase & Co.'s price target would indicate a potential downside of 29.21% from the company's current price.

Other analysts also recently issued research reports about the stock. Citigroup reaffirmed a "sell" rating and set a $29.00 target price (up previously from $24.00) on shares of Intel in a report on Friday. Roth Capital reaffirmed a "neutral" rating and set a $30.00 target price on shares of Intel in a report on Thursday. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. Benchmark raised shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 price objective for the company in a report on Friday. Finally, UBS Group boosted their price objective on shares of Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a report on Friday. Two analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $24.27.

Intel Stock Performance

Shares of Intel stock traded down $0.91 during trading on Friday, hitting $29.67. 180,554,851 shares of the stock were exchanged, compared to its average volume of 99,060,617. The stock has a market capitalization of $129.84 billion, a price-to-earnings ratio of -6.21 and a beta of 1.23. The company has a fifty day moving average price of $23.17 and a 200-day moving average price of $21.95. Intel has a 1-year low of $17.67 and a 1-year high of $32.38. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $12.86 billion for 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 firm's revenue for the quarter 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, equities analysts predict that Intel will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Intel

Several large investors have recently modified their holdings of INTC. Westbourne Investments Inc. increased its position in shares of Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after buying an additional 54,395 shares during the period. Swedbank AB increased its position in shares of Intel by 5.0% during the second quarter. Swedbank AB now owns 9,467,128 shares of the chip maker's stock worth $212,064,000 after buying an additional 454,234 shares during the period. Czech National Bank increased its position in shares of Intel by 7.2% during the second quarter. Czech National Bank now owns 1,066,599 shares of the chip maker's stock worth $23,892,000 after buying an additional 72,065 shares during the period. 180 Wealth Advisors LLC increased its position in shares of Intel by 124.9% during the first quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock worth $2,905,000 after buying an additional 71,049 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in Intel in the second quarter worth $345,245,000. Institutional investors own 64.53% of the company's stock.

Intel Company Profile

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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