Intel (NASDAQ:INTC) Stock Price Up 2.3% – Should You Buy?

Intel Corporation (NASDAQ:INTC)’s share price was up 2.3% during trading on Wednesday . The stock traded as high as $35.75 and last traded at $35.11. Approximately 65,116,837 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 102,679,406 shares. The stock had previously closed at $34.33.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on INTC shares. Cantor Fitzgerald lifted their target price on shares of Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 20th. Loop Capital raised their price target on shares of Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, October 24th. TD Cowen lifted their price target on Intel from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Mizuho boosted their price target on shares of Intel from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, BNP Paribas Exane increased their price objective on shares of Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $34.84.

Intel Stock Performance

The company has a market cap of $167.72 billion, a PE ratio of 3,514.51 and a beta of 1.31. 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 firm’s 50 day moving average is $35.04 and its 200-day moving average is $26.58.

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

Institutional Trading of Intel

Several institutional investors have recently added to or reduced their stakes in INTC. N.E.W. Advisory Services LLC acquired a new position in Intel during the 1st quarter worth about $25,000. HFM Investment Advisors LLC acquired a new position in shares of Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel during the 1st quarter worth approximately $27,000. West Branch Capital LLC acquired a new stake in Intel during the 2nd quarter worth approximately $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in Intel in the 2nd quarter valued at approximately $28,000. Institutional investors and hedge funds 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.