Intel (NASDAQ:INTC) Shares Up 3.1% – Still a Buy?

Intel Corporation (NASDAQ:INTC)’s stock price shot up 3.1% during trading on Tuesday . The company traded as high as $125.62 and last traded at $123.52. 107,270,059 shares traded hands during trading, a decline of 11% from the average session volume of 120,030,188 shares. The stock had previously closed at $119.84.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is getting a boost from reports that the White House is backing the company and that it could potentially land foundry deals with major names like Apple, Nvidia, and SpaceX, which would strengthen its growth story. What's Going On With Intel Stock Tuesday?
• Positive Sentiment: Coverage highlighting Intel’s improved momentum under CEO Lip-Bu Tan and its 14A process progress suggests the market is increasingly focused on a multi-year turnaround and manufacturing comeback. “Risk Production Phase By 2028”: Intel Stock (NASDAQ:INTC) Gains as 14A Gets Closer
• Positive Sentiment: Broader semiconductor strength also helped sentiment, with chip stocks rallying and Intel trading alongside names like AMD and Micron on renewed AI enthusiasm. Why Qualcomm, AMD, Intel, other AI stocks are surging sharply on Tuesday
• Neutral Sentiment: Several commentaries continue to frame Intel as a strong comeback trade after its earnings beat, but these pieces are mostly opinion-driven and do not add fresh fundamental detail. Intel Urges PC Makers to Switch to Its Latest Chips Amid AI Demand. This Could Be the Margin Boost INTC Stock Needs.
• Negative Sentiment: At the same time, Intel faced a Wall Street downgrade over valuation concerns, reminding investors that the stock’s sharp rally may leave it vulnerable to pullbacks if execution slows. Intel (INTC) stock hit with major Wall Street downgrade
• Negative Sentiment: Additional analyst commentary argued Intel still trails TSMC in the foundry race, reinforcing concerns that the long-term turnaround is not yet proven. Why Intel Still Trails TSMC In The High Stakes Foundry Race

Analysts Set New Price Targets

A number of equities research analysts have issued reports on INTC shares. TD Cowen raised their price target on shares of Intel from $60.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Royal Bank Of Canada reiterated a “neutral” rating and set a $80.00 target price on shares of Intel in a report on Monday, May 4th. Wells Fargo & Company raised their target price on Intel from $55.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. 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. Finally, Truist Financial increased their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and a consensus target price of $81.52.

Intel Price Performance

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 business’s 50 day moving average price is $75.94 and its two-hundred day moving average price is $54.13. The stock has a market cap of $620.81 billion, a P/E ratio of -199.22 and a beta of 2.18.

Intel (NASDAQ:INTC) last released its quarterly 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. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the prior year, the firm earned $0.13 earnings per share. Intel’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Institutional investors have recently added to or reduced their stakes in the company. Demars Financial Group LLC grew its position in shares of Intel by 1.7% in the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after buying an additional 125 shares during the period. Human Investing LLC lifted its position in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. boosted its stake in Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after acquiring an additional 127 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in Intel by 0.7% during the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after acquiring an additional 134 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew its holdings in Intel by 21.5% in the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock worth $37,000 after purchasing an additional 147 shares during the period. Institutional investors own 64.53% of the company’s stock.

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.