Erste Group Bank Issues Positive Forecast for Intel Earnings

Intel Corporation (NASDAQ:INTC) – Research analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of Intel in a research note issued on Tuesday, May 5th. Erste Group Bank analyst H. Engel now anticipates that the chip maker will post earnings per share of $0.64 for the year, up from their prior estimate of $0.62. The consensus estimate for Intel’s current full-year earnings is $0.63 per share. Erste Group Bank also issued estimates for Intel’s FY2027 earnings at $0.99 EPS.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) 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 company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period last year, the firm posted $0.13 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS.

A number of other research firms also recently issued reports on INTC. Deutsche Bank Aktiengesellschaft raised their price target on shares of Intel from $45.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Citic Securities upgraded shares of Intel from a “hold” rating to a “buy” rating and lifted their price objective for the company from $38.90 to $60.30 in a research report on Monday, January 26th. UBS Group set a $51.00 price objective on shares of Intel in a research report on Monday, February 2nd. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Friday, April 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intel in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $75.64.

Intel Trading Down 3.0%

Intel stock opened at $109.62 on Friday. The firm’s 50-day moving average is $58.56 and its 200-day moving average is $47.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel has a 1 year low of $18.97 and a 1 year high of $114.51. The company has a market cap of $550.95 billion, a P/E ratio of -176.80 and a beta of 2.18.

Hedge Funds Weigh In On Intel

Several hedge funds have recently made changes to their positions in INTC. Financially Speaking Inc grew its stake in shares of Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after purchasing an additional 279 shares during the last quarter. Financial Life Planners acquired a new position in shares of Intel in the 1st quarter worth approximately $25,000. Legacy Bridge LLC acquired a new position in shares of Intel in the 4th quarter worth approximately $26,000. Corundum Trust Company INC acquired a new position in shares of Intel in the 3rd quarter worth approximately $29,000. Finally, Raleigh Capital Management Inc. acquired a new position in shares of Intel in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Apple talks and possible U.S. production tie-up raise the stakes for Intel’s foundry and manufacturing upside — a prospective Apple relationship is being discussed in the market as a major credibility and revenue catalyst. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets after Intel’s Q1 beat are supporting the rally — firms including Freedom Broker and Tigress Financial have moved to more bullish stances and lifted targets, reinforcing buy-side optimism. Read More. · Read More.
• Positive Sentiment: Macro-sized potential customers and projects (eg. SpaceX’s Terafab filings that reference using Intel processes) add to longer‑term foundry demand hopes for Intel’s fabs and packaging services. Read More.
• Neutral Sentiment: Strategic partnerships and tech positioning — Intel’s deals (example: AI-driven factory optimization with FPT) and its EMIB advanced‑packaging story help execution but the commercial payoff will take quarters to materialize. Read More. · Read More.
• Negative Sentiment: Competitive pressure from NVIDIA and AMD in the AI accelerator and data‑center narrative remains a real headwind — several pieces flag Intel’s struggle to keep pace on the AI “two‑horse race” headline and product adoption. Read More. · Read More.
• Negative Sentiment: Valuation and momentum concerns — commentators warn the stock’s rapid run-up has stretched multiples and technical positioning, increasing the risk of a pullback if execution or AI demand disappoints. Read More. · Read More.
• Negative Sentiment: Short‑term market rotation and profit‑taking among chip names have caused intraday givebacks; chip‑sector volatility can quickly reverse sentiment. Read More.

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.