Arete Research Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Intel (NASDAQ:INTC) had its price target raised by research analysts at Arete Research from $20.40 to $99.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the chip maker’s stock. Arete Research’s price objective would indicate a potential downside of 9.23% from the stock’s current price.

Several other equities research analysts have also weighed in on INTC. Scotiabank started coverage on shares of Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating for the company. Cantor Fitzgerald raised their price objective on shares of Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Truist Financial raised their price target on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Freedom Capital upgraded Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $83.79.

Intel Stock Performance

Shares of NASDAQ:INTC traded up $1.15 during trading on Wednesday, hitting $109.07. 36,549,836 shares of the stock were exchanged, compared to its average volume of 119,675,789. The company’s fifty day simple moving average is $90.87 and its 200-day simple moving average is $60.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a market capitalization of $548.20 billion, a price-to-earnings ratio of -175.92 and a beta of 2.21. Intel has a 1-year low of $18.97 and a 1-year high of $132.75.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share 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 firm had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the previous year, the company earned $0.13 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts expect that Intel will post 0.63 EPS for the current fiscal year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several large investors have recently bought and sold shares of the business. iA Global Asset Management Inc. raised its holdings in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the last quarter. Van ECK Associates Corp raised its holdings in Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares in the last quarter. Heritage Investment Group Inc. bought a new position in Intel in the fourth quarter valued at approximately $219,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in Intel by 1.3% during the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after buying an additional 423,481 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Key Intel News

Here are the key news stories impacting Intel this week:

• Neutral Sentiment: Intel’s recent rally was fueled by reports that Google may use Intel Foundry to manufacture millions of AI chips and that Nvidia could also evaluate Intel as a backup manufacturing partner, reinforcing hopes that Intel’s foundry turnaround is gaining traction.
• Neutral Sentiment: Intel also got a boost from a new collaboration with Cadence on Intel 14A process optimization, which supports the company’s long-term foundry ambitions and customer validation story.
• Negative Sentiment: Today’s pullback is being driven by profit-taking after the recent surge, plus a broad selloff in semiconductor and momentum stocks as macro worries and sector rotation hit the group. Article Title
• Negative Sentiment: Wall Street’s latest 12-month price target updates for Intel have been described as mostly moderately bearish, suggesting analysts are less enthusiastic about the stock’s upside after the recent surge. Article Title

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.