Intel (NASDAQ:INTC) Trading 1.6% Higher After Analyst Upgrade

Shares of Intel Corporation (NASDAQ:INTC) were up 1.6% during mid-day trading on Tuesday after UBS Group raised their price target on the stock from $35.00 to $40.00. UBS Group currently has a neutral rating on the stock. Intel traded as high as $38.05 and last traded at $37.17. Approximately 109,719,196 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 103,183,609 shares. The stock had previously closed at $36.59.

Several other research firms have also weighed in on INTC. Barclays increased their price target on Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a report on Friday, September 19th. Benchmark upgraded Intel from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a report on Friday, September 19th. Citigroup reaffirmed a “sell” rating and set a $29.00 target price (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 target price on shares of Intel in a research note on Friday, July 25th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intel in a research note on Saturday, September 27th. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $26.40.

Institutional Trading of Intel

Large investors have recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in Intel during the first quarter worth $25,000. HFM Investment Advisors LLC purchased a new stake in Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel during the first quarter worth $27,000. West Branch Capital LLC purchased a new stake in Intel during the second quarter worth $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Intel during the second quarter worth $28,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

The business has a fifty day simple moving average of $26.12 and a two-hundred day simple moving average of $22.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company has a market cap of $162.69 billion, a PE ratio of -7.79 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.