Cantor Fitzgerald Issues Positive Forecast for Intel (NASDAQ:INTC) Stock Price

Intel (NASDAQ:INTC) had its target price upped by Cantor Fitzgerald from $36.00 to $40.00 in a report released on Monday,MarketScreener reports. The brokerage currently has a neutral rating on the chip maker’s stock.

Other research analysts also recently issued reports about the company. Mizuho increased their price objective on Intel from $23.00 to $39.00 and gave the company a “neutral” rating in a research note on Monday, October 13th. HSBC reissued a “reduce” rating and issued a $24.00 price objective (up from $21.25) on shares of Intel in a research note on Tuesday, October 7th. Barclays increased their price objective on Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research note on Friday, September 19th. Susquehanna raised their target price on Intel from $22.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 15th. Finally, Morgan Stanley raised their target price on Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $29.22.

Intel Stock Up 2.9%

NASDAQ INTC opened at $38.10 on Monday. The business has a fifty day moving average price of $29.19 and a 200 day moving average price of $23.87. Intel has a one year low of $17.67 and a one year high of $39.65. 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 company has a market cap of $166.76 billion, a P/E ratio of -7.99 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings data 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 firm had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same period in the prior year, the company posted $0.02 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts anticipate that Intel will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Intel

A number of hedge funds have recently modified their holdings of INTC. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Intel by 33.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 666,600 shares of the chip maker’s stock worth $15,138,000 after purchasing an additional 168,103 shares during the period. Advisor Resource Council purchased a new position in shares of Intel during the 1st quarter worth $377,000. Jericho Financial LLP grew its holdings in shares of Intel by 60.9% during the 1st quarter. Jericho Financial LLP now owns 164,099 shares of the chip maker’s stock worth $3,727,000 after purchasing an additional 62,093 shares during the period. EQ Wealth Advisors LLC purchased a new position in shares of Intel during the 1st quarter worth $33,000. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of Intel by 2.7% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 149,957 shares of the chip maker’s stock worth $3,406,000 after purchasing an additional 3,962 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Company Profile

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.