Intel (NASDAQ:INTC) Given New $80.00 Price Target at UBS Group

Intel (NASDAQ:INTC) had its price objective reduced by UBS Group from $100.00 to $80.00 in a report published on Friday morning,Benzinga reports. UBS Group currently has a neutral rating on the chip maker’s stock.

INTC has been the topic of several other reports. Rosenblatt Securities lowered their price objective on Intel from $80.00 to $70.00 and set a “sell” rating on the stock in a research report on Friday. Morgan Stanley set a $85.00 price target on Intel in a research note on Monday, October 19th. Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Tuesday, October 27th. Evercore reissued an “outperform” rating and issued a $133.00 target price on shares of Intel in a report on Friday. Finally, Bank of America cut shares of Intel from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $145.00 to $100.00 in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $97.42.

Intel Price Performance

NASDAQ INTC opened at $65.76 on Friday. The business’s fifty day moving average is $101.10 and its 200 day moving average is $86.36. Intel has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.86 and a current ratio of 2.21. The company has a market capitalization of $331.69 billion, a PE ratio of -27.29, a price-to-earnings-growth ratio of 6.85 and a beta of 2.42.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. Intel had a positive return on equity of 4.42% and a negative net margin of 20.09%. The firm’s revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 EPS. Sell-side analysts predict that Intel will post 1.07 earnings per share for the current year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, with a total value 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. This trade represents a 8.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently bought and sold shares of the business. Pathway Financial Advisers LLC purchased a new position in Intel in the third quarter valued at $25,000. Northeast Investment Management boosted its stake in shares of Intel by 8.9% during the 3rd quarter. Northeast Investment Management now owns 28,322 shares of the chip maker’s stock worth $3,405,000 after acquiring an additional 2,312 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of Intel by 36.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 6,590 shares of the chip maker’s stock valued at $792,000 after acquiring an additional 1,777 shares during the period. Ascent Group LLC grew its position in shares of Intel by 2.6% during the 3rd quarter. Ascent Group LLC now owns 79,903 shares of the chip maker’s stock valued at $9,607,000 after acquiring an additional 2,024 shares during the period. Finally, 3Chopt Investment Partners LLC grew its position in shares of Intel by 23.5% during the 3rd quarter. 3Chopt Investment Partners LLC now owns 9,989 shares of the chip maker’s stock valued at $1,201,000 after acquiring an additional 1,898 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s third-quarter revenue rose 20.9% year over year to $16.51 billion, while adjusted earnings of $0.52 per share exceeded consensus estimates. Data-center growth and the company’s shipment of products built on its advanced 18A process provide evidence that its turnaround remains possible. INTC Q3 deep dive
• Positive Sentiment: Northland Securities raised its earnings estimates for Intel, and some longer-term commentary points to potential benefits from 18A production and strategic investments by the U.S. government, Nvidia and SoftBank. These factors may attract dip buyers, although they have not offset near-term concerns. Northland Securities boosts earnings estimates
• Neutral Sentiment: The broader technology market is also under pressure, with chip stocks contributing to a sharp Nasdaq selloff and investors reducing exposure to cash-intensive artificial-intelligence investments. This market backdrop is amplifying Intel-specific volatility. Nasdaq tumbles as chip stocks fall
• Negative Sentiment: Intel’s outlook is the principal catalyst for selling. Next-quarter revenue guidance of approximately $15.5 billion was materially below analyst expectations, reflecting weaker PC demand and supply or capacity constraints that could limit the recovery. Analyst warns on Intel capacity woes
• Negative Sentiment: Multiple firms, including Seaport Global, Bank of America, Roth Capital and Freedom Broker, downgraded Intel to neutral or hold, while Citigroup, Cantor Fitzgerald, Susquehanna, Truist and other firms cut price targets. Analysts cited execution risk, capacity missteps and a slowing PC market, reinforcing concerns that the stock may remain “dead money” until planning and production problems improve. Seaport Global downgrades Intel

About Intel

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.