Intel (NASDAQ:INTC) Price Target Raised to $80.00

Intel (NASDAQ:INTC) had its price target upped by investment analysts at Rosenblatt Securities from $65.00 to $80.00 in a report issued on Friday,Benzinga reports. The firm currently has a “sell” rating on the chip maker’s stock. Rosenblatt Securities’ price target would indicate a potential downside of 20.18% from the company’s previous close.

Several other research firms also recently issued reports on INTC. Stifel Nicolaus boosted their price objective on shares of Intel from $75.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, July 10th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Wells Fargo & Company boosted their price target on Intel from $110.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Wall Street Zen raised Intel from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has a consensus rating of “Hold” and a consensus target price of $103.01.

Intel Stock Down 2.3%

INTC opened at $100.23 on Friday. The business has a 50 day moving average of $116.17 and a 200-day moving average of $77.97. The stock has a market capitalization of $503.76 billion, a price-to-earnings ratio of -161.66 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel has a 1-year low of $18.97 and a 1-year high of $142.35.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. During the same quarter in the previous year, the company posted ($0.10) earnings per share. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts anticipate that Intel will post 0.65 earnings per share for the current year.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel 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 sale, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Trust Asset Management LLC boosted its holdings in Intel by 8.6% during the second quarter. Trust Asset Management LLC now owns 51,805 shares of the chip maker’s stock valued at $7,234,000 after purchasing an additional 4,090 shares in the last quarter. Ballast Inc. acquired a new position in shares of Intel in the 2nd quarter worth approximately $328,000. Regent Peak Wealth Advisors LLC raised its holdings in shares of Intel by 13.8% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 12,498 shares of the chip maker’s stock worth $1,745,000 after buying an additional 1,513 shares in the last quarter. Wedge Capital Management L L P NC bought a new position in shares of Intel during the 2nd quarter worth approximately $976,000. Finally, Abound Wealth Management boosted its stake in Intel by 74.8% in the 2nd quarter. Abound Wealth Management now owns 1,813 shares of the chip maker’s stock valued at $253,000 after buying an additional 776 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported Q2 EPS of $0.42 versus $0.21 expected, while revenue rose 24.8%-25.2% year over year to about $16.1 billion, marking the company’s strongest growth in more than 15 years.
• Positive Sentiment: The company’s Q3 guidance came in above consensus, with management forecasting revenue of $15.8 billion to $16.8 billion and EPS of $0.38, signaling confidence that demand remains solid.
• Positive Sentiment: Several reports highlighted accelerating data center and AI sales, including a 59% jump in data center and AI revenue, which supports the view that Intel is gaining traction in a key growth market.
• Positive Sentiment: News that Intel and Fortinet collaborated on a new security processor, plus Intel’s first named outside foundry customer, strengthened the narrative that the foundry business is starting to attract real commercial momentum.

Intel Company Profile

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.