Intel (NASDAQ:INTC) Price Target Raised to $85.00

Intel (NASDAQ:INTC) had its target price hoisted by JPMorgan Chase & Co. from $45.00 to $85.00 in a report issued on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the chip maker’s stock.

Several other research analysts have also recently weighed in on the stock. UBS Group set a $115.00 price target on shares of Intel in a research report on Thursday, July 16th. Mizuho reduced their target price on shares of Intel from $135.00 to $109.00 and set a “neutral” rating on the stock in a research note on Friday. Piper Sandler began coverage on shares of Intel in a report on Thursday, June 11th. They issued a “neutral” rating on the stock. TD Cowen boosted their target price on shares of Intel from $75.00 to $115.00 and gave the company a “hold” rating in a report on Monday, July 13th. Finally, Wall Street Zen raised shares of Intel from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $107.67.

Intel Stock Performance

Shares of Intel stock opened at $92.32 on Friday. The business’s 50 day moving average price is $115.84 and its 200 day moving average price is $78.35. The company has a market cap of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel has a one year low of $18.97 and a one year high of $142.35.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the prior year, the business earned ($0.10) EPS. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts predict that Intel will post 0.65 EPS for the current year.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value 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 filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Intel in the 4th quarter worth approximately $2,233,159,000. Capital Research Global Investors increased its holdings in Intel by 285.9% in the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after purchasing an additional 19,722,010 shares during the last quarter. Capital World Investors increased its holdings in Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the last quarter. Vanguard Group Inc. increased its holdings in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley raised its position in Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

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.