Intel (NASDAQ:INTC) Price Target Raised to $122.00 at New Street Research

Intel (NASDAQ:INTC) had its target price raised by analysts at New Street Research from $100.00 to $122.00 in a research report issued to clients and investors on Friday,MarketScreener reports. New Street Research’s price target indicates a potential downside of 4.93% from the company’s previous close.

Several other brokerages also recently issued reports on INTC. Morgan Stanley downgraded shares of Intel from an “overweight” rating to an “underweight” rating in a research report on Thursday, June 11th. Wall Street Zen lowered shares of Intel from a “buy” rating to a “hold” rating in a research note on Saturday. Piper Sandler initiated coverage on Intel in a report on Thursday, June 11th. They set a “neutral” rating for the company. Susquehanna lifted their price target on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Seaport Research Partners boosted their price target on Intel from $65.00 to $90.00 and gave the company a “buy” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $90.79.

Intel Stock Down 3.4%

Shares of NASDAQ:INTC traded down $4.55 during trading on Friday, hitting $128.32. 99,189,488 shares of the company’s stock traded hands, compared to its average volume of 131,408,280. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average price of $109.54 and a 200-day moving average price of $67.89. Intel has a 52 week low of $18.97 and a 52 week high of $141.45. The company has a market cap of $644.94 billion, a price-to-earnings ratio of -206.96 and a beta of 2.21.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.Intel’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, research analysts forecast that Intel will post 0.63 EPS for the current fiscal year.

Insider Activity at Intel

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

Institutional Trading of Intel

Several institutional investors and hedge funds have recently bought and sold shares of the stock. iA Global Asset Management Inc. grew its stake in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after buying an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC acquired a new stake in Intel during the fourth quarter worth approximately $205,000. Van ECK Associates Corp lifted its position in Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. bought a new stake in shares of Intel during the fourth quarter worth approximately $219,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel during the fourth quarter worth approximately $185,000. Institutional investors own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Goldman Sachs began coverage of Intel with a neutral rating and a $150 price target, reinforcing the view that the stock still has upside after its big run. Goldman Sachs coverage on Intel
• Positive Sentiment: Micron’s blockbuster earnings and upbeat outlook for smartphones and PCs helped boost sentiment across semiconductors, including Intel, AMD, Arm, and Qualcomm. Micron article
• Positive Sentiment: Articles highlighting Intel’s turnaround, foundry push, and diversification away from Taiwan-based manufacturing are supporting the bullish narrative that Intel could gain share in advanced chips over time.
• Neutral Sentiment: Intel remains one of the most heavily watched stocks, with multiple articles focused on whether the recent rally is justified after the shares have already surged sharply this year.
• Neutral Sentiment: Congressional-trading and political headlines, including references to Intel-linked holdings and U.S. chip policy, are adding visibility but do not directly change near-term fundamentals.
• Negative Sentiment: Some market commentary says the valuation has run ahead of fundamentals, and broader chip stocks have also seen periods of renewed selling pressure, which could limit further upside if sentiment cools.

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.