Intel (NASDAQ:INTC) Trading Up 2.6% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shares were up 2.6% during trading on Monday . The company traded as high as $132.61 and last traded at $127.86. Approximately 128,816,133 shares were traded during trading, an increase of 6% from the average daily volume of 121,476,188 shares. The stock had previously closed at $124.57.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its next-generation 18A-P manufacturing process has entered risk production, a major milestone that suggests progress in its chipmaking comeback and improves the odds of winning external customers. Intel’s new manufacturing tech enters initial production
• Positive Sentiment: Several reports said the new node could help Intel attract customers such as Apple and Nvidia, reinforcing hopes that the company’s foundry strategy is gaining traction. Intel begins production of most-advanced chip, inching closer to possible Apple deal
• Positive Sentiment: Bernstein and Bank of America raised their views/price targets on Intel, citing stronger CPU demand from the agentic AI buildout and renewed interest in Intel’s foundry ambitions. Bernstein Boosts Price Targets for Arm, AMD, and Intel on Agentic AI Revolution
• Positive Sentiment: Media coverage framed the 18A-P announcement as a sign that Intel’s cash-burning manufacturing business may be turning a corner, which has added to momentum in the shares. Intel takes a major step toward turning around a business that’s bleeding cash
• Neutral Sentiment: Commentary pieces and stock-screen articles are also highlighting Intel as a comeback and long-term AI/semiconductor play, which may be supporting sentiment but do not add new hard catalysts. Is Intel the Comeback Stock of the Decade?
• Negative Sentiment: Some analysts continue to warn that Intel’s valuation has run ahead of fundamentals after a huge rally, suggesting the stock could remain volatile if expectations get too high. Intel: The Re-Rating Has Gone Too Far

Analyst Ratings Changes

INTC has been the subject of several recent research reports. Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Rosenblatt Securities increased their price target on shares of Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research report on Friday, April 24th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. Morgan Stanley cut shares of Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday, June 11th. Finally, Robert W. Baird increased their price target on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $87.09.

Intel Trading Up 3.5%

The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The business’s fifty day moving average is $99.46 and its 200 day moving average is $63.55. The firm has a market capitalization of $608.65 billion, a price-to-earnings ratio of -195.32 and a beta of 2.21.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.05% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently added to or reduced their stakes in the stock. Financially Speaking Inc boosted its stake in shares of Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares during the last quarter. Financial Life Planners bought a new position in Intel during the first quarter worth $25,000. Legacy Bridge LLC bought a new position in Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the fourth quarter worth $29,000. Finally, Swiss RE Ltd. bought a new position in Intel during the fourth quarter worth $29,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.