Intel (NASDAQ:INTC) Price Target Raised to $35.00

Intel (NASDAQ:INTC) had its price objective upped by Susquehanna from $31.00 to $35.00 in a report published on Friday,MarketScreener reports. The brokerage currently has a neutral rating on the chip maker’s stock.

A number of other research analysts also recently weighed in on the company. KeyCorp reaffirmed a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on Intel from $23.00 to $30.00 and gave the stock a “hold” rating in a report on Monday, September 29th. Barclays boosted their price objective on Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday. Mizuho boosted their price objective on Intel from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Hsbc Global Res lowered Intel from a “hold” rating to a “moderate sell” rating in a report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has a consensus rating of “Reduce” and a consensus price target of $33.65.

Intel Stock Up 0.3%

INTC stock opened at $38.28 on Friday. The stock’s 50 day simple moving average is $30.37 and its 200 day simple moving average is $24.39. Intel has a fifty-two week low of $17.67 and a fifty-two week high of $41.12. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market cap of $167.55 billion, a P/E ratio of 3,831.83 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same period in the prior year, the business earned ($0.46) EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts expect that Intel will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Intel

Several institutional investors have recently modified their holdings of INTC. Norges Bank bought a new position in shares of Intel in the second quarter valued at approximately $1,579,378,000. Nuveen LLC bought a new position in Intel during the first quarter valued at $538,430,000. Kingstone Capital Partners Texas LLC bought a new position in Intel during the second quarter valued at $345,245,000. Price T Rowe Associates Inc. MD grew its holdings in Intel by 99.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after purchasing an additional 14,901,457 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after purchasing an additional 10,719,274 shares during the period. 64.53% of the stock is owned by institutional investors.

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.