Intel (NASDAQ:INTC) Stock Price Up 1.7% – Here’s Why

Intel Corporation (NASDAQ:INTC) traded up 1.7% on Friday. The company traded as high as $87.87 and last traded at $86.96. 71,560,092 shares were traded during mid-day trading, a decline of 38% from the average session volume of 115,776,344 shares. The stock had previously closed at $85.49.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: The FCC granted Intel a waiver allowing the company to continue using foreign-made robotic devices, easing a potential regulatory and manufacturing constraint. FCC grants Intel waiver for foreign-made robotic devices
• Positive Sentiment: Wedbush identified a potential boost from Intel’s Arizona chip plant, while continued construction progress at the company’s Ohio project reinforced the turnaround narrative and long-term domestic-foundry strategy. Intel Stock Rises as Wedbush Spots a Potential Boost From Arizona Chip Plant
• Positive Sentiment: Investors are positioning for the October 29 quarterly report. Analysts and bullish commentators point to strong server-CPU demand, recent price increases and Intel’s history of exceeding its own forecasts as possible sources of an earnings or guidance beat. Options markets imply a potentially sizable post-earnings move. Prediction: Intel Stock Will Take Off After Oct. 29
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS forecast for Intel to $1.59 from $1.56, above the broader consensus estimate of $1.05, signaling improving expectations for the company’s earnings recovery.
• Neutral Sentiment: The move also reflected a rebound in selected technology shares despite broader market pressure from higher oil prices and concerns about inflation, interest rates and the cost of AI infrastructure. Why are AMD, Intel stocks gaining today?
• Negative Sentiment: Risks remain ahead of earnings: Intel’s third-quarter outlook called for adjusted EPS of $0.38, below the prior quarter’s $0.42, while analysts continue to question whether its foundry operations can achieve competitive yields and scale. Nvidia’s expansion into CPU markets also presents a longer-term competitive threat. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale

Wall Street Analyst Weigh In

INTC has been the subject of several recent analyst reports. DA Davidson boosted their price objective on Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Rosenblatt Securities raised their target price on shares of Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research note on Friday, July 24th. Piper Sandler initiated coverage on shares of Intel in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 target price on the stock. Citigroup began coverage on shares of Intel in a research report on Monday, October 19th. They set an “outperform” rating for the company. Finally, The Goldman Sachs Group assumed coverage on shares of Intel in a research note on Monday, October 19th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.73.

Intel Stock Performance

The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company has a market cap of $438.63 billion, a P/E ratio of -41.21, a P/E/G ratio of 9.23 and a beta of 2.22. The business has a fifty day moving average of $101.97 and a 200 day moving average of $102.82.

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. The business had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.10) earnings per share. On average, equities analysts predict that Intel Corporation will post 1.05 EPS for the current year.

Insider Buying and Selling

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Apollon Wealth Management LLC increased its position in shares of Intel by 4.6% during the third quarter. Apollon Wealth Management LLC now owns 267,299 shares of the chip maker’s stock valued at $32,137,000 after buying an additional 11,717 shares during the period. Tower View Wealth Management LLC purchased a new stake in Intel in the third quarter worth about $948,000. First Interstate Bank lifted its holdings in Intel by 1.0% in the third quarter. First Interstate Bank now owns 14,979 shares of the chip maker’s stock worth $1,801,000 after buying an additional 155 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in Intel by 1.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 60,725 shares of the chip maker’s stock worth $7,301,000 after buying an additional 654 shares during the period. Finally, Sigma Planning Corp boosted its position in Intel by 21.8% during the 3rd quarter. Sigma Planning Corp now owns 44,855 shares of the chip maker’s stock valued at $5,313,000 after acquiring an additional 8,040 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.