Intel (NASDAQ:INTC) Shares Gap Up Following Analyst Upgrade

Intel Corporation (NASDAQ:INTC)’s stock price gapped up prior to trading on Wednesday after Tigress Financial raised their price target on the stock from $118.00 to $145.00. The stock had previously closed at $97.14, but opened at $101.37. Tigress Financial currently has a buy rating on the stock. Intel shares last traded at $101.7320, with a volume of 29,452,357 shares.

Several other research firms have also issued reports on INTC. Morgan Stanley increased their target price on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. UBS Group raised shares of Intel from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. Roth Capital upped their price target on shares of Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Mizuho reduced their price objective on shares of Intel from $109.00 to $92.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. Finally, Truist Financial raised their price objective on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $108.49.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential SK Hynix manufacturing deal: Reuters reported that SK Hynix may lease or partner with Intel to manufacture memory chips in the United States for the first time. The arrangement could improve utilization of Intel’s delayed Ohio facility, generate foundry revenue and position Intel to benefit from strong AI-related memory demand. Reuters article
• Positive Sentiment: Foundry turnaround hopes: Investors view the talks as evidence that Intel’s manufacturing assets could attract outside chip volume, addressing a central question in the company’s turnaround. The memory opportunity is especially notable because demand for AI infrastructure has tightened supply in the memory market. MarketWatch article
• Positive Sentiment: Higher analyst target: Tigress Financial raised its Intel price target from $118 to $145 and maintained a Buy rating, citing potential upside from the company’s manufacturing and AI-related opportunities.
• Positive Sentiment: Altera value realization: Intel-backed Altera’s confidential IPO filing could help establish a market value for Intel’s retained 49% stake and provide additional support for Intel’s restructuring strategy. Yahoo Finance article
• Neutral Sentiment: Broader market factors: Semiconductor stocks are also rebounding as investors await the Federal Reserve’s interest-rate decision and upcoming retail-sales data. The sector remains highly sensitive to rates and changing expectations for AI spending.
• Negative Sentiment: Deal remains preliminary: The SK Hynix discussions are exploratory, with no agreement, financial terms or production timetable announced. South Korean authorities could also review the arrangement for technology-security concerns, leaving execution and regulatory risks unresolved. Benzinga article
• Negative Sentiment: Valuation and execution concerns: Intel’s recent rally has left the stock trading near its 50-day average and well above its 200-day average, increasing sensitivity to disappointment. Investors continue to question whether Intel can execute its foundry strategy and convert manufacturing investments into sustainable profits.

Hedge Funds Weigh In On Intel

Several hedge funds have recently modified their holdings of INTC. State Street Corp lifted its stake in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors grew its position in shares of Intel by 20.3% during the fourth 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 in the last quarter. Geode Capital Management LLC increased its holdings in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel in the second quarter worth about $10,507,291,000. Finally, Norges Bank purchased a new stake in shares of Intel in the fourth quarter worth about $2,233,159,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Up 4.7%

The business has a 50-day moving average of $97.10 and a 200 day moving average of $90.93. The company has a market capitalization of $513.09 billion, a PE ratio of -48.15, a P/E/G ratio of 10.37 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share 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 business had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the business posted ($0.10) EPS. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.