Intel (NASDAQ:INTC) Issues Q2 2026 Earnings Guidance

Intel (NASDAQ:INTC) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.200-0.200 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $13.8 billion-$14.8 billion, compared to the consensus revenue estimate of $13.0 billion.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Morgan Stanley upgraded Intel from an “equal weight” rating to an “overweight” rating in a research note on Tuesday. Jefferies Financial Group boosted their price target on Intel from $40.00 to $45.00 and gave the company a “hold” rating in a research note on Friday, January 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Intel in a research note on Monday, December 29th. Rosenblatt Securities boosted their price target on Intel from $25.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, January 23rd. Finally, BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Intel presently has an average rating of “Hold” and an average price target of $54.86.

Intel Price Performance

NASDAQ INTC traded up $1.51 during trading hours on Thursday, reaching $66.78. The company’s stock had a trading volume of 136,706,502 shares, compared to its average volume of 109,009,531. The firm has a market capitalization of $333.57 billion, a price-to-earnings ratio of -834.65, a P/E/G ratio of 15.77 and a beta of 1.35. Intel has a 1-year low of $18.97 and a 1-year high of $70.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.02 and a quick ratio of 1.65. The company’s 50-day moving average is $49.99 and its two-hundred day moving average is $43.84.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The company had revenue of $13.67 billion during the quarter, compared to analysts’ expectations of $13.37 billion. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.Intel’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 EPS. On average, equities analysts predict that Intel will post 0.08 EPS for the current year.

Insider Activity at Intel

In other Intel news, EVP Boise April Miller sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total transaction of $981,000.00. Following the completion of the sale, the executive vice president directly owned 113,060 shares in the company, valued at approximately $5,545,593. The trade was a 15.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David Zinsner acquired 5,882 shares of the business’s stock in a transaction on Monday, January 26th. The shares were purchased at an average price of $42.50 per share, with a total value of $249,985.00. Following the completion of the purchase, the executive vice president owned 247,392 shares in the company, valued at $10,514,160. This represents a 2.44% increase in their position. The SEC filing for this purchase provides additional information. 0.05% of the stock is currently owned by insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Tesla confirmed it will use Intel’s 14A process for chips at its Terafab project, giving Intel a high‑profile foundry customer and validating Intel’s process roadmap. Tesla Picks Intel (INTC) to Build Its AI Chips — What It Means for Investors
• Positive Sentiment: Multiple brokerages have moved to upgrade Intel or raise targets (HSBC, BNP Paribas, Stifel coverage noted), supporting the re‑rating thesis tied to server CPU demand and foundry progress. Why Intel Stock (INTC) Is Rising Today – and Why a Top Analyst Upgrades it to ‘Buy’
• Positive Sentiment: Commentators including Jim Cramer are calling Intel a comeback story and highlighting CPUs as a growing tailwind from the AI cycle, which supports momentum buying. Move Over, Nvidia: Why Jim Cramer Says the AI Boom Is Finally Hitting Intel
• Neutral Sentiment: Options traders and volatility models expect a sizable post‑earnings swing (roughly a ~10% implied move), pointing to amplified short‑term risk/reward around the Q1 print. Intel Will Report Q1 Earnings Tomorrow. Options Traders Expect a 9.87% Move in INTC Stock
• Neutral Sentiment: Wall Street and the financial press are focused on tomorrow’s Q1 release — the print and, crucially, management guidance — which will likely determine whether the rally is sustainable. Intel to Report Earnings. The Focus Is on What Comes Next.
• Negative Sentiment: Several commentators and technical analysts warn the rally may be overstretched and vulnerable to a corrective “sell‑the‑news” reaction if earnings/guidance don’t materially beat elevated expectations. Bull v. Bear: Why INTC Might Need to “Promise the World” in Guidance
• Negative Sentiment: Questions remain about foundry profitability and Intel’s ability to attract and scale external foundry customers beyond marquee wins — a structural risk if margins and cash flow from the foundry business lag expectations. 1 Big Reason Analysts are Divided on Intel

Institutional Investors Weigh In On Intel

Several large investors have recently bought and sold shares of the company. Old West Investment Management LLC increased its stake in Intel by 4.0% during the 4th quarter. Old West Investment Management LLC now owns 6,695 shares of the chip maker’s stock worth $247,000 after buying an additional 255 shares in the last quarter. Financial Engines Advisors L.L.C. increased its stake in Intel by 1.0% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 31,066 shares of the chip maker’s stock worth $1,042,000 after buying an additional 316 shares in the last quarter. Coastal Bridge Advisors LLC increased its stake in Intel by 2.0% during the 4th quarter. Coastal Bridge Advisors LLC now owns 16,560 shares of the chip maker’s stock worth $611,000 after buying an additional 326 shares in the last quarter. Bragg Financial Advisors Inc increased its stake in Intel by 1.2% during the 4th quarter. Bragg Financial Advisors Inc now owns 29,170 shares of the chip maker’s stock worth $1,076,000 after buying an additional 354 shares in the last quarter. Finally, CYBER HORNET ETFs LLC increased its stake in Intel by 4.0% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 11,515 shares of the chip maker’s stock worth $386,000 after buying an additional 440 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

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.