Zacks Research Has Bearish Estimate for Intel Q3 Earnings

Intel Corporation (NASDAQ:INTC - Free Report) - Zacks Research reduced their Q3 2026 earnings estimates for shares of Intel in a research note issued on Thursday, July 17th. Zacks Research analyst R. Department now anticipates that the chip maker will earn $0.01 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for Intel's current full-year earnings is ($0.11) per share. Zacks Research also issued estimates for Intel's FY2027 earnings at $0.84 EPS.

A number of other analysts have also recently issued reports on INTC. Wells Fargo & Company decreased their target price on Intel from $25.00 to $22.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. Benchmark reaffirmed a "hold" rating on shares of Intel in a research report on Friday, April 25th. Seaport Res Ptn raised shares of Intel to a "strong sell" rating in a research report on Wednesday, April 30th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, April 25th. Finally, Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Five equities research analysts have rated the stock with a sell rating, twenty-six have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $21.95.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $23.10 on Monday. The business has a 50-day moving average of $21.57 and a two-hundred day moving average of $21.42. The firm has a market capitalization of $100.76 billion, a PE ratio of -5.16 and a beta of 1.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.93. Intel has a 12 month low of $17.67 and a 12 month high of $33.41.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 24th. The chip maker reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.12. The firm had revenue of $12.67 billion during the quarter, compared to the consensus estimate of $12.26 billion. Intel had a negative net margin of 36.19% and a negative return on equity of 3.15%. Intel's revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share.

Institutional Trading of Intel

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

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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