Intel (INTC) Expected to Announce Earnings on Thursday

Key Points

• Intel is expected to report Q3 2026 results after Thursday’s market close. Analysts forecast earnings of $0.4021 per share and revenue of $16.50 billion, with the earnings call scheduled for 5:00 p.m. ET on October 29.
• The company’s latest quarter exceeded expectations, with EPS of $0.42 versus a $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year.
• Investor sentiment remains mixed. AI demand, improved analyst views and CEO Lip-Bu Tan’s stock purchase support the shares, while Ohio fab delays, valuation concerns and mostly neutral analyst ratings highlight ongoing execution risks.

Intel (NASDAQ:INTC - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $0.4021 per share and revenue of $16.50 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 5:00 PM ET.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same period last year, the business earned ($0.10) EPS. The business's revenue was up 25.2% on a year-over-year basis. On average, analysts expect Intel to post $1.05 EPS for the current fiscal year and $1.46 EPS for the next fiscal year.

Intel Stock Performance

NASDAQ INTC opened at $92.96 on Thursday. Intel has a 1 year low of $32.89 and a 1 year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a market cap of $468.89 billion, a price-to-earnings ratio of 147.89, a PEG ratio of 9.74 and a beta of 2.22. The company has a fifty day moving average price of $102.66 and a 200-day moving average price of $102.68.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: AI demand and Musk’s Terafab comments supported the stock. Elon Musk described ambitious plans for Terafab, an AI-chip initiative involving SpaceX, Tesla and Intel. The comments, along with stronger updates from SpaceX and Super Micro Computer, reinforced expectations that AI infrastructure spending remains robust. Intel Stock Rises After Musk's Cryptic Terafab Comments
• Positive Sentiment: JPMorgan upgraded Intel to Neutral from Underweight. The change reflects improved confidence in management execution and reduces a significant source of analyst pressure. Other commentary argues Intel’s foundry strategy, potential Tesla business and AI-focused products could improve its long-term investment narrative. Intel Stock Notches Up as JPMorgan Changes Its Mind
• Positive Sentiment: Recent operating results were better than expected. Intel’s latest reported quarter included adjusted earnings of $0.42 per share versus a $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. The results provide some evidence that the business transition is gaining traction.
• Neutral Sentiment: Analyst views remain mixed. Susquehanna lowered its price target from $115 to $105 while retaining a Neutral rating, and TD Cowen previously cut its target to $95 with a Hold rating. These targets imply limited-to-moderate upside and signal that execution risks remain material.
• Negative Sentiment: Valuation and technical signals remain concerns. Commentary notes that Intel still trades at a high earnings multiple despite a substantial retreat from its peak. A bearish Wyckoff pattern and continued weakness below its 50-day and 200-day moving averages suggest investors remain cautious.
• Negative Sentiment: Intel’s Ohio fab faces an unfavorable milestone. Delays and uncertainty surrounding the company’s Ohio manufacturing project raise concerns about capital spending, timing and the credibility of its domestic foundry ambitions. Intel Stock Gains Despite Grim Ohio Milestone

Analyst Ratings Changes

A number of research analysts recently weighed in on INTC shares. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, July 24th. Mizuho boosted their price target on shares of Intel from $92.00 to $114.00 and gave the stock a "neutral" rating in a report on Tuesday, October 6th. Zacks Research downgraded shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. DA Davidson upped their price objective on shares of Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Finally, Truist Financial increased their price objective on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $107.73.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.05% of the stock is owned by corporate insiders.

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.

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