Intel Corporation (NASDAQ:INTC) Stock Has Consensus Price Target of $97.42

Intel Corporation (NASDAQ:INTC) has received a consensus rating of “Hold” from the fifty-one analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, twenty-eight have given a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $97.42.

Several analysts recently issued reports on INTC shares. Morgan Stanley set a $85.00 price target on shares of Intel in a research report on Monday, October 19th. The Goldman Sachs Group restated a “neutral” rating and set a $100.00 price objective on shares of Intel in a research report on Friday, October 30th. Stifel Nicolaus set a $90.00 target price on Intel in a research note on Friday, October 30th. HSBC reaffirmed a “buy” rating on shares of Intel in a report on Friday, July 24th. Finally, Bank of America downgraded Intel from a “buy” rating to a “neutral” rating and reduced their target price for the company from $145.00 to $100.00 in a report on Friday, October 30th.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Altera announced a collaboration focused on edge computing and physical AI industries, extending Intel’s push to develop AI opportunities beyond traditional data centers. Intel, Altera announce collaboration for Edge, Physical AI industries
• Positive Sentiment: RBC says Intel management expects 2027 to be a growth year, with data-center strength potentially more than offsetting PC weakness. This supports the longer-term turnaround case, though it does not remove near-term execution risks. Intel Sees 2027 Growth as Data-Center Strength Offsets PC Weakness, RBC Says
• Neutral Sentiment: CEO Lip-Bu Tan recently bought 150,000 Intel shares, worth about $9.71 million. The insider purchase may signal confidence, but it has not quelled investor concerns about the company’s outlook. CEO Lip-Bu Tan’s 150,000-Share Purchase
• Negative Sentiment: Reports pointed to Intel’s weak fourth-quarter outlook, an expected decline in gross margin, and ongoing PC-market weakness. Hot inflation data and a fading chip rally added pressure to sentiment. Intel Stocks Fall as Chip Rally Fades and PC Slump Clouds Q4
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Intel investors. The announcement may add legal uncertainty, but it does not establish that Intel did anything wrong. Pomerantz Law Firm Investigates Claims on Behalf of Intel Investors

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Tan acquired 150,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was acquired at an average cost of $64.73 per share, for a total transaction of $9,709,500.00. Following the transaction, the chief executive officer directly owned 1,464,669 shares in the company, valued at $94,808,024.37. This represents a 11.41% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Intel

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pathway Financial Advisers LLC acquired a new stake in Intel in the third quarter valued at approximately $25,000. Montgomery Financial Services LLC bought a new stake in shares of Intel during the second quarter worth $26,000. Next Level Wealth Planning LLC acquired a new position in shares of Intel during the third quarter worth $28,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the second quarter worth $29,000. Finally, Knuff & Co LLC bought a new position in shares of Intel in the 2nd quarter valued at $29,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 2.1%

INTC stock opened at $58.13 on Wednesday. Intel has a 52 week low of $32.89 and a 52 week high of $142.35. The business has a 50-day simple moving average of $96.72 and a 200 day simple moving average of $86.64. The company has a quick ratio of 1.95, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. The company has a market cap of $308.96 billion, a PE ratio of -24.12, a price-to-earnings-growth ratio of 6.35 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, topping analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The firm had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same period in the prior year, the company posted $0.23 earnings per share. The business’s revenue for the quarter was up 20.9% on a year-over-year basis. Sell-side analysts anticipate that Intel will post 1.04 EPS for the current fiscal year.

Intel Company Profile

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.