Intel (NASDAQ:INTC) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Intel (NASDAQ:INTC) from an underweight rating to a neutral rating in a research report released on Monday morning, MarketBeat Ratings reports. The firm currently has $85.00 price objective on the chip maker’s stock.

Several other brokerages have also recently issued reports on INTC. Barclays raised shares of Intel from a “hold” rating to an “overweight” rating in a research note on Wednesday, September 16th. Bank of America cut their target price on shares of Intel from $160.00 to $145.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. National Bank Financial set a $85.00 target price on shares of Intel in a research note on Monday. UBS Group upgraded shares of Intel from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. Finally, Morgan Stanley set a $85.00 price target on shares of Intel in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty-seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.73.

Intel Price Performance

NASDAQ:INTC opened at $92.96 on Monday. The business’s 50-day moving average price is $102.66 and its 200 day moving average price is $102.68. The firm has a market cap of $468.89 billion, a P/E ratio of -44.06, a PEG ratio of 9.74 and a beta of 2.22. Intel has a 52-week low of $32.89 and a 52-week high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the company earned ($0.10) EPS. Intel’s revenue was up 25.2% on a year-over-year basis. As a group, sell-side analysts predict that Intel will post 1.05 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intel

Several hedge funds have recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after purchasing an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA acquired a new stake in shares of Intel in the second quarter worth $10,507,291,000. Amundi grew its holdings in shares of Intel by 14.9% during the first quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after buying an additional 5,045,936 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Intel by 35.7% during the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after buying an additional 8,342,514 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Intel by 0.4% during the first quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock valued at $1,354,832,000 after buying an additional 112,054 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: AI demand and Musk’s Terafab comments supported the stock. Elon Musk described ambitious plans for Terafab, an AI-chip initiative involving SpaceX, Tesla and Intel. The comments, along with stronger updates from SpaceX and Super Micro Computer, reinforced expectations that AI infrastructure spending remains robust. Intel Stock Rises After Musk’s Cryptic Terafab Comments
• Positive Sentiment: JPMorgan upgraded Intel to Neutral from Underweight. The change reflects improved confidence in management execution and reduces a significant source of analyst pressure. Other commentary argues Intel’s foundry strategy, potential Tesla business and AI-focused products could improve its long-term investment narrative. Intel Stock Notches Up as JPMorgan Changes Its Mind
• Positive Sentiment: Recent operating results were better than expected. Intel’s latest reported quarter included adjusted earnings of $0.42 per share versus a $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. The results provide some evidence that the business transition is gaining traction.
• Neutral Sentiment: Analyst views remain mixed. Susquehanna lowered its price target from $115 to $105 while retaining a Neutral rating, and TD Cowen previously cut its target to $95 with a Hold rating. These targets imply limited-to-moderate upside and signal that execution risks remain material.
• Negative Sentiment: Valuation and technical signals remain concerns. Commentary notes that Intel still trades at a high earnings multiple despite a substantial retreat from its peak. A bearish Wyckoff pattern and continued weakness below its 50-day and 200-day moving averages suggest investors remain cautious.
• Negative Sentiment: Intel’s Ohio fab faces an unfavorable milestone. Delays and uncertainty surrounding the company’s Ohio manufacturing project raise concerns about capital spending, timing and the credibility of its domestic foundry ambitions. Intel Stock Gains Despite Grim Ohio Milestone

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.