Wedbush Equities Analysts Lower Earnings Estimates for Intel

Intel Corporation (NASDAQ:INTC) – Wedbush lowered their Q3 2026 EPS estimates for shares of Intel in a note issued to investors on Wednesday, October 22nd. Wedbush analyst M. Bryson now expects that the chip maker will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.07. Wedbush has a “Neutral” rating and a $20.00 price target on the stock. The consensus estimate for Intel’s current full-year earnings is ($0.11) per share. Wedbush also issued estimates for Intel’s Q4 2026 earnings at $0.14 EPS.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the firm earned ($0.46) EPS. Intel’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company boosted their target price on Intel from $22.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 15th. Loop Capital assumed coverage on Intel in a research report on Monday, July 21st. They issued a “hold” rating and a $25.00 target price for the company. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research report on Thursday, October 2nd. TD Cowen upped their price target on shares of Intel from $20.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, October 10th. Finally, HSBC reaffirmed a “reduce” rating and set a $24.00 price target (up previously from $21.25) on shares of Intel in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, Intel has a consensus rating of “Reduce” and a consensus price target of $29.26.

Intel Price Performance

Shares of NASDAQ:INTC opened at $38.16 on Thursday. Intel has a fifty-two week low of $17.67 and a fifty-two week high of $39.65. The business has a 50-day simple moving average of $30.10 and a two-hundred day simple moving average of $24.19. 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 cap of $167.03 billion, a price-to-earnings ratio of -8.00 and a beta of 1.33.

Institutional Investors Weigh In On Intel

Several hedge funds and other institutional investors have recently made changes to their positions in the business. N.E.W. Advisory Services LLC bought a new position in shares of Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new position in shares of Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Intel during the 1st quarter valued at approximately $27,000. West Branch Capital LLC bought a new position in shares of Intel during the 2nd quarter valued at approximately $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in shares of Intel during the 2nd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

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.