Intel (NASDAQ:INTC) Sets New 12-Month High – Time to Buy?

Intel Corporation (NASDAQ:INTC)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $141.80 and last traded at $141.8340, with a volume of 63160940 shares. The stock had previously closed at $131.72.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel continues to get support from bullish analyst commentary and earnings previews, with articles pointing to AI PC momentum, networking strength, foundry progress, and rising earnings estimates as reasons the stock has outperformed the industry. Article Title
• Positive Sentiment: Several recent pieces framed Intel as a beneficiary of the ongoing AI chip and semiconductor rally, with commentary that demand for AI infrastructure and chip spending remains strong. Article Title
• Neutral Sentiment: Intel also announced it will report second-quarter 2026 results later this month, keeping attention on whether the company can back up its recent stock gains with stronger fundamentals. Article Title
• Neutral Sentiment: New product and expansion headlines, including Intel and ASUS unveiling AI classroom devices and Intel breaking ground on a Santa Clara facility, reinforce the company’s turnaround narrative but are not immediate catalysts. Article Title
• Negative Sentiment: Intel shares have also been hit by profit-taking after a huge rally, with multiple articles noting a sharp pullback following the stock’s move to fresh highs. Article Title
• Negative Sentiment: Broader chip-sector weakness and “bubble risk” concerns from Bank of America have added pressure, with Intel falling alongside AMD, TSM, and other semiconductor names. Article Title
• Negative Sentiment: Some market coverage also highlighted renewed concern that AI spending could spread more evenly across chipmakers, which may limit Intel’s near-term upside even after its recent rally. Article Title

Wall Street Analyst Weigh In

INTC has been the topic of several recent research reports. Truist Financial upped their target price on shares of Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Tigress Financial boosted their price objective on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Melius Research set a $150.00 price objective on Intel in a research report on Monday, May 18th. DA Davidson raised their price objective on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, HC Wainwright set a $150.00 target price on Intel in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $96.69.

Intel Stock Performance

The stock has a market capitalization of $602.55 billion, a PE ratio of -194.05 and a beta of 2.18. The business’s 50 day moving average is $113.45 and its 200 day moving average is $70.04. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several hedge funds have recently bought and sold shares of the business. iA Global Asset Management Inc. boosted its holdings in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC purchased a new stake in Intel in the 4th quarter valued at $205,000. Van ECK Associates Corp raised its position in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. acquired a new stake in Intel during the 4th quarter worth $219,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel during the 4th quarter worth $185,000. Institutional investors own 64.53% of the company’s stock.

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.