Intel (NASDAQ:INTC) Stock Price Up 1.7% After Analyst Upgrade

Intel Corporation (NASDAQ:INTC)’s share price shot up 1.7% during mid-day trading on Wednesday after Piper Sandler upgraded the stock to a hold rating. The stock traded as high as $106.69 and last traded at $106.24. 95,741,287 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 117,751,773 shares. The stock had previously closed at $104.47.

INTC has been the topic of several other research reports. Arete Research raised their target price on shares of Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Citigroup assumed coverage on shares of Intel in a research note on Tuesday. They set a “buy” rating for the company. Pivotal Research began coverage on shares of Intel in a research note on Tuesday. They issued a “buy” rating on the stock. HSBC reiterated a “buy” rating on shares of Intel in a research report on Friday, July 24th. Finally, Zacks Research cut Intel from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $107.80.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is owned by insiders.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by roughly 10% fueled expectations for better margins and demonstrated pricing power, although the benefit could fade if chip shortages ease. Intel May Raise Chip Prices 10% and the Stock Took Off
• Positive Sentiment: Northland upgraded Intel to Outperform and set a $120 price target, citing progress in the turnaround and tight server-CPU supply. Northland Upgraded Intel to Outperform
• Positive Sentiment: CEO Lip-Bu Tan recently purchased approximately $10 million of Intel shares, a signal of management confidence that may support investor sentiment. Intel Stock Retreats Following Multi-Day Surge
• Positive Sentiment: Investor attention is also returning to Intel’s advanced packaging opportunity for AI customers, potentially offering recurring revenue even if the company remains behind leading accelerator suppliers.
• Positive Sentiment: An Intel-backed Altera IPO could raise more than $2 billion, potentially highlighting the value of Intel’s strategic assets and providing a future valuation catalyst. Intel-Backed Altera Prepares IPO
• Neutral Sentiment: Piper Sandler moved to Hold after previously having a more negative view, while analysts remain divided on whether Intel’s operational improvement justifies its sharply higher valuation.
• Negative Sentiment: The stock’s powerful multi-session rally has encouraged profit-taking, and Mizuho cut its price target to $92 on valuation concerns despite improving server demand.
• Negative Sentiment: Intel continues to report GAAP losses, while Nvidia’s expanding AI-chip dominance and Mobileye’s ongoing losses remain broader concerns for the company’s growth narrative.

Institutional Trading of Intel

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ABS Investment Management LLC bought a new position in Intel during the second quarter worth about $694,101,000. Montgomery Financial Services LLC bought a new stake in Intel in the second quarter valued at approximately $26,000. Knuff & Co LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $29,000. Glynn Capital Management LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $29,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after acquiring an additional 223 shares during the period. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $521.46 billion, a P/E ratio of -48.99, a P/E/G ratio of 11.38 and a beta of 2.22. The company has a 50 day moving average price of $98.21 and a 200 day moving average price of $89.79.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the business earned ($0.10) EPS. The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal 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.