Wedbush Forecasts Strong Price Appreciation for Intel (NASDAQ:INTC) Stock

Intel (NASDAQ:INTC) had its price objective raised by stock analysts at Wedbush from $19.00 to $20.00 in a research note issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the chip maker’s stock. Wedbush’s target price points to a potential downside of 47.59% from the stock’s current price. Wedbush also issued estimates for Intel’s Q3 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.14 EPS.

Other equities research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Intel from $23.00 to $30.00 and gave the company a “hold” rating in a research note on Monday, September 29th. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Cantor Fitzgerald boosted their price objective on Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday. KeyCorp reiterated a “sector weight” rating on shares of Intel in a research note on Monday. Finally, Loop Capital started coverage on Intel in a research note on Monday, July 21st. They issued a “hold” rating and a $25.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $29.26.

Intel Price Performance

INTC stock opened at $38.16 on Wednesday. The business has a 50 day moving average price of $30.10 and a 200 day moving average price of $24.19. The stock has a market cap of $167.03 billion, a price-to-earnings ratio of -8.00 and a beta of 1.33. Intel has a fifty-two week low of $17.67 and a fifty-two week high of $39.65. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC) last issued its quarterly earnings data 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 company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the business earned ($0.46) earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts anticipate that Intel will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of INTC. Norges Bank acquired a new position in shares of Intel in the second quarter valued at approximately $1,579,378,000. Nuveen LLC purchased a new stake in shares of Intel in the first quarter valued at approximately $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Intel in the second quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after buying an additional 14,901,457 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Intel by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after buying an additional 10,719,274 shares in the last quarter. Institutional investors and hedge funds 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.