Intel’s (INTC) Underperform Rating Reaffirmed at Bank of America

Bank of America reissued their underperform rating on shares of Intel (NASDAQ:INTC) in a report published on Monday morning, MarketBeat Ratings reports. They currently have a $34.00 price objective on the chip maker’s stock.

Several other research firms have also commented on INTC. HSBC reaffirmed a “reduce” rating and issued a $24.00 price target (up from $21.25) on shares of Intel in a report on Tuesday, October 7th. New Street Research lifted their price target on shares of Intel from $23.00 to $32.00 in a report on Friday, September 19th. Seaport Res Ptn upgraded shares of Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Finally, Rosenblatt Securities reiterated a “sell” rating and issued a $14.00 price objective on shares of Intel in a research report on Friday, July 25th. Two investment analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and eight 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 $27.60.

Intel Trading Up 2.3%

NASDAQ INTC opened at $37.22 on Monday. Intel has a one year low of $17.67 and a one year high of $39.65. The company has a 50-day simple moving average of $27.52 and a 200-day simple moving average of $23.34. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market capitalization of $162.91 billion, a PE ratio of -7.80 and a beta of 1.33.

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

Institutional Trading of Intel

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Investors Research Corp raised its stake in shares of Intel by 0.7% during the 3rd quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock worth $1,362,000 after purchasing an additional 300 shares during the period. Sunflower Bank N.A. raised its stake in shares of Intel by 1.3% during the 3rd quarter. Sunflower Bank N.A. now owns 25,252 shares of the chip maker’s stock worth $847,000 after purchasing an additional 313 shares during the period. Verdence Capital Advisors LLC raised its stake in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after purchasing an additional 486 shares during the period. Hilltop National Bank raised its stake in shares of Intel by 6.8% during the 3rd quarter. Hilltop National Bank now owns 7,667 shares of the chip maker’s stock worth $257,000 after purchasing an additional 488 shares during the period. Finally, Independent Wealth Network Inc. raised its stake in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after purchasing an additional 490 shares during the period. 64.53% of the stock is currently owned by institutional investors.

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.